Anyone scalping the FTSE Futures??

[postman]

S&P 1972 before a bounce.

 

[SuddenDeath]

hope everyone is doing well. clean drop in dow,

so "technical rebound" is behind us,

 

[inzimam]

trigger finger ready for longs but no signal yet

 

[ffsear]

why did i go to the pub for 3 hours

 

[postman]

1% fall on Dow, S&P.
Dax was always well below them and is down 1.2% on the day.
Still more to come.

 

[postman]

why did i go to the pub for 3 hours

So you've been to the pub for 3 hours.
Are you planning on trading this afternoon?

 

[ffsear]

So you've been to the pub for 3 hours.
Are you planning on trading this afternoon?

of course. what could possibly go wrong

 

[inzimam]

postman was right, 17000!

 

[postman]

S&P 1972 before a bounce.

Maybe 1971.47.

I would be surprised with anything below that.

 

[SuddenDeath]

So you've been to the pub for 3 hours.
Are you planning on trading this afternoon?

 

[inzimam]

metrader,great stuff.My system is not great for getting into movements like this.

 

[postman]

I'd be long S&P up to at least 1977 cash from here.

 

[inzimam]

hopefully thats it!

 

[inzimam]

long dax 9506

 

[inzimam]

Thanks Inzimam, but I must say it was nothing special.

I've just followed the big move and s&p helped me. I've noticed that dax often follows s&p during US sessions

I will have to open the S&P charts also, I've tried in the past but struggled to follow the correlation. It might just have been a period where the Dax wasn't playing ball

 

[inzimam]

Jesus, I do love it when we get some carry trade unwind... today has made my month (literally)

I wish I could say the same. Not been my week so I was already cautious/indecisive.

 

[inzimam]

To be fair, I wouldn't say this PA is easy to trade. Algos are having a field day today - you can see their antics on the DOM & tape.

My system is no good for these big trending days as it tends to give me false signals.

 

[f2calv]

My system is no good for these big trending days as it tends to give me false signals.

Talking of signals - and not (yet) being a subscriber to ransquawk - ummm anyone care what the reason was behind this afternoons tanking?

 

[SuddenDeath]

Talking of signals - and not (yet) being a subscriber to ransquawk - ummm anyone care what the reason was behind this afternoons tanking?

from wsj


Stocks fell sharply and Treasurys rallied as investors sought out assets seen as safe amid stepped-up concerns over the pace of global economic growth.

The Dow Jones Industrial Average skidded 224 points, or 1.3%, to 16993, giving back all of the prior day's gains. The S&P 500 fell 26 points, or 1.3%, to 1973. The Nasdaq NDAQ -0.79% Composite Index declined 78 points, or 1.7%, to 4477.

The S&P 500 was on track for its biggest one-day slide since late July. Traders said there was no single factor behind the slide, but said a combination of economic growth worries, as well as fears of an escalation in tensions between Western countries and Russia, have sent investors falling back on safe-haven assets.

http://online.wsj.com/articles/u-s-stock-futures-inching-lower-ahead-of-data-1411647659

 

[inzimam]

I have 9480 as strong support for the DAX, where would be a safe bet for a long on the DOW?