Anyone scalping the FTSE Futures??

there are hell lots of buying from 15th Feb till 22nd Feb... people have bought massive stocks... :LOL:

Jessi

from 15th Feb to 22nd Feb the prices are rising but if you look at the chart I can 22nd Feb till 5th March prices are highest, so why do you think people have bought massive stock during 15th feb to 22nd feb , why not between 22nd Feb till 5th march?
 
nice line Jessi

Now look at the chart what happened... that liquidation break closed well inside the support area in 1 hr chart and that will kick-off rally ...
 

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Jessi

from 15th Feb to 22nd Feb the prices are rising but if you look at the chart I can 22nd Feb till 5th March prices are highest, so why do you think people have bought massive stock during 15th feb to 22nd feb , why not between 22nd Feb till 5th march?

that congestion area indicates people (institutions) taking long term position on market and finally breaking the resistance around 22nd Feb.... that's where retail traders steps-in and move the price higher.....
 
From technical analysis point of view, I see DAX going to 11600, before any significant correction can takes place, and I don't see anything stopping DAX now.

There is a significant date , which is from March 16th to March 20th, a major market move can happen. Specially 16th March and 17th March are very important. And I think DAX has enough time to make it 11600 until then.

This is all projection and anticipation.

Now, I have given my market's technical view. You are best positioned to make decisions for yourself. Remember 10% correction from 11600 will bring DAX at 10440 and 20% correction will bring DAX to 9280.. if at all any correction happens...

Now, you can do the following:

1. Wait until market reach your break even point and take your capital back. This may and may not happen quickly.
2.Close everything in loss, start with small capital and take on to the many opportunity market gives you to trade...and you may or may not make money...




Tomorrow is very interesting.... DAX above 11440 or below 11380... .. or may be between 11450-11380...


Number to watch tomorrow is 11380... breach of 11380 gives short setup to 11220....

break up of 11440 obviously opens up door for 11600



11350 is the number to watch tomorrow on DAX....

11340-11360 is buying area....don't expect to much price movement tomorrow, DAX can be choppy and give you too many buy signal near 11400 - 11420...

DAX up for 11600 next week...

If breaks clearly above 11410... I would be buying....

just saying....
 
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