Anyone scalping the FTSE Futures??

[hereward the wake]

Couple of months ago when i was a beginner you guys suggest me to see news calendar for high impact news announcements.
Do you think S&P , Dow are overbought ?

Concepts like overbought and oversold are just that, concepts.. there is only flow, movement, try to be on the side of the guys who make the market move

 

[emoun]

Concepts like overbought and oversold are just that, concepts.. there is only flow, movement, try to be on the side of the guys who make the market move

Are you referring to Postman and Oscar

 

[emoun]

What matters is what you think.

So, you guys trade with assumptions

 

[postman]

So, you guys trade with assumptions

Yes. I assume the market is going to go up. I'm very rarely surprised.

 

[inzimam]

wake me when the volume returns for the love of pips!

 

[postman]

A nice straddle on the open with a 1/2 r/r ratio might pay off at the 968 / 970 level. Who knows.

 

[postman]

Dow still above yesterdays close (just )

Dax is looking edgy.

 

[lexcorp]

bargain of the century??

 

[postman]

Long Dax 891

 

[postman]

Long Dax 891

+10 thought it had more.

 

[emoun]

too much noise on the floor.

 

[postman]

In a spare moment listen to this guy making "a couple hundred bucks" while making a video.
Listen to what he says about "The Goldman" recommendation on Netfilx and the timing of it. Also how he expects 17,000 dow on Thursday because "it will make good headlines".
http://mrtopstep.com/first-day-3rd-quarter-stocks-look-like-1999-dot-com-craze/

Once you work out "Its all a big game" it makes trading a little easier.

 

[postman]

too much noise on the floor.

Are you short ? Good were going up just enough to shake you out.
Are you long? Good were going down just enough ....

 

[inzimam]

ok i didn't ask for this much volatility! untradeable for me at the moment

 

[postman]

I'm long Dax again at 9900

 

[emoun]

Are you short ? Good were going up just enough to shake you out.
Are you long? Good were going down just enough ....

I am short CADCHF

 

[inzimam]

long ftse 6818

 

[postman]

How can an 8 point range on the Dow get NARROWER over time....

 

[2be]

+10 thought it had more.

taken similar long position and covered it now at 9905 Dow is tight range, I do expect Dow to do better.

 

[postman]

How can an 8 point range on the Dow get NARROWER over time....

I make it 2 points now.