Anyone scalping the FTSE Futures??

SuddenDeath said:
we have more upside,

imho

no one on the MPC wants to raise rates according to recent minutes, bearish for Sterling, lower for longer.

dow approaching hourly support.
Click to expand...

I read that vote (9:0) as a ringing endorsement the UK is in the sh1tter and theres no way in hell we can think of raising rates.
Same info, different take.

Thats what makes a market. :)
 
the range is 10300 area res down to 10200 with 10250 mid
the good bit is that dow and spx are coiling up ready for a pump or a dump...possibly waiting for ecb tomorrow
 
dentist007 said:
got the pop and got the drop
note those tight ranges before the big move

71p7pv.png

below is a tick chart.Rainwoods tick chart is much better...but it uses alot of resources
Click to expand...

What was your signal to enter from the pop, a whole candlestick break , or more than that?
 
inzimam said:
*Risking more points than you stand to gain*

Seems more and more common on postings here. My strategy actually allows for a 1:1.5 (gain:risk) ration a times.

I have found that a 10 point stop on the Dax is too small, 15 points is the minimum I use but sometimes I only look for that 10 point target if its a very high probability setup. Mostly though my trades are 1:1 at least.

For new traders lurking on here and reading people's 'live' posts, be aware of what your own risk profile is.
Click to expand...

Your risk isnt tied with your sl , you may put a sl 20 or 100 points away but that's not your real risk , unless it is a guaranteed stop .
 
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