Anyone scalping the FTSE Futures??

[psaTrading]

Oil shares shall be under pressure after yesterday’s decline of 3.89%.

 

[myattitude]

look at dax go!

 

[tokyojoe]

Dax has been at the algo-pops again !

 

[Jessi_trader]

My Friday trade.. been very busy today but manage to get those trades....close 90% of trades @ 11394

 

[2be]

look at dax go!

the zone just above 11300 was a great support, it has not been taken during several tests.
Have posted longer TF charts on Delta thread, in relation to the possible H before a bigger retracement

 

[Jessi_trader]

the zone just above 11300 was a great support, it has not been taken during several tests.
Have posted longer TF charts on Delta thread, in relation to the possible H before a bigger retracement

agree 11300 been a great support...

 

[Jessi_trader]

close rest @ 11386

 

[Jessi_trader]

DOW is gearing up potential long opportunity there ...if breaks 210

 

[Jessi_trader]

280-300 potential target if breaks 210

 

[myattitude]

DOW is gearing up potential long opportunity there ...if breaks 210

do you put any kind of buffer on top of your entry? i see 210 is the exact high, i usually have +5, but there could be a break or just still another retest. is there a signal you look for to say its more likely a break?

 

[Jessi_trader]

do you put any kind of buffer on top of your entry? i see 210 is the exact high, i usually have +5, but there could be a break or just still another retest. is there a signal you look for to say its more likely a break?

it depends on how strongly price closes at that level....

 

[jeffre4]

in another month the dow will be 11400 and the dax 18000 ftse wont have moved

 

[Jessi_trader]

There should be another attempt to breach 18160 ....

Job done

 

[Jessi_trader]

looking into price action... price bounced back too quickly from support in last hour... there is an unfinished work here.....

bounce shows more of closing reconciliation ... price was unable to move away from 18200...

lets see tomorrow...

:smart:

 

[Dentalfloss]

could be

18130 to watch

Nailed
18214 area res
18130 supp...just about holding

 

[Jessi_trader]

A great week at the end... Having JD already

have a great evening and weekend

 

[ptlambi]

in another month the dow will be 11400 and the dax 18000 ftse wont have moved

lol

 

[Hedging Highwayman]

My Friday trade.. been very busy today but manage to get those trades....close 90% of trades @ 11394

Hi Jessi,
Would be interested to hear your reasoning regarding these long position entry points as price had been bouncing back off that resistance point all day but this time went through. I expected it to do the same again and was caught when it jumped up and through which is all part of the game of course but would be interested to know how you saw it that time around.
Thanks,
HH

 

[ffsear]

Check the price action. Firstly the sell off at around 14.4o was eaten up by the bulls relatively quickly, right back up to test the resistance point. After that, the market failed to push lower every time it tested that area again. Look at the wedge setup there, thats a pretty bullish setup.

 

[Dentalfloss]

Dow
the big bull test is in the 18060 area..red and aqua lines /confluece area

we either break higher or the bulls get tested