Anyone scalping the FTSE Futures??

[Dentalfloss]

Both DOW and DAX very bullish, would be looking for long traders next week.

dow
the move up from 3 pm on Friday ..5 min data

follow that trend on the 5 min..it will pullback or consolidate at some point,uneless there is nasty news..there is your strategy for next week
put some fibs on that trend

 

[Dentalfloss]

Dax
the move up from friday 3 pm
can you see the trend ??
put some fibs on and fib extensions to the trend only to get some levels when you have isolated the trend..thats all you need do
mark the consolidation points on that trend aswell to get horizontal s/r
keep an eye out for any nasty news.
bulls will get tested..so mark supp levels..horizontal and fib levels
there we are... a $5k trading course done with a few lines of text...

a break higher should align with a fib extension
a break lower should align with a fib or horizontal support/or breakout point..which was a prev res on the way up
these are the points you should be looking at once you have isolated the trend

 

[Dentalfloss]

levels to watch

R2 at11161 and R3 at 11240 look reasonable targets if it breaks higher

 

[Jessi_trader]

going long now on DOW?

NO....no long now....

DOW moved +50 points , was worth going long at that time, whats your thought?

np74 hats off to you

I missed such a beautiful setup ignoring few important reference points.

I did not remember , in fact I did not see where that liquidation break stopped.

 

[Jessi_trader]

as soon as price was established in inside the previous day range we should have gone long....

 

[Jessi_trader]

DOW is certainly heading to 18600 in next couple of weeks....

that was my view on 13th Feb and still standing on this....

 

[Jessi_trader]

Morning everyone...

 

[newspreadbetter]

Morning Jessi - Any plans this week?

 

[hereward the wake]

morning all

 

[hereward the wake]

77% IG punters are short, so pick your long positions!

 

[np74]

77% IG punters are short, so pick your long positions!

how do you know that?

 

[hereward the wake]

how do you know that?

IG Market Data

 

[morgan_edge]

l 11138
20pip stop

 

[Dinos]

77% IG punters are short, so pick your long positions!

Backs up, 'trade what you see not what everybody else thinks'

 

[morgan_edge]

stopped

 

[Dentalfloss]

R2 PIVOT AND 50% area on DAX p/f chart working well this morning
pips banked

 

[Jessi_trader]

Morning Jessi - Any plans this week?

I have put buy order at 11030 and 11040 on dax

 

[hereward the wake]

I have put buy order at 11030 and 11040 on dax

That's a nice 4 hour trendline

 

[Jessi_trader]

18050 is the number on DOW....

 

[Jessi_trader]

1175 on Gold