Anyone scalping the FTSE Futures??

[SuddenDeath]

am done for the day guys.. might catch up tomorrow.. bought BP earlier thi smorning - so might just let that run for a while - you never know ...

cya DaddyJohn

 

[Dick Lexic]

No offence to anyone who trades it but, this has to be one of the most difficult markets, in the world, to trade.

If you want to get involved in equity indices, why not choose the Dax, Dow, S&P or, Russell2K? All of these will generate more momentum trades, in a day, than the FTSE will in a typical week.

hi alan5616, i didn't realise this market was more difficult than the others ...how is it more difficult?

 

[alan5616]

hi alan5616, i didn't realise this market was more difficult than the others ...how is it more difficult?

It doesn't, often, generate the "power surge" trades that the other indices do.

 

[SuddenDeath]

hi alan5616, i didn't realise this market was more difficult than the others ...how is it more difficult?

GBPUSD retraced about 70% of the down spike

 

[DaddyJohn]

1/2 position off now.. limit set for 13340

Lovely..

 

[turboonostrilvision]

that would take all the fun out of it

what's your call today t?

You right it would. Haven't even lookad at it today, maybe next time.

 

[DaddyJohn]

hi alan5616, i didn't realise this market was more difficult than the others ...how is it more difficult?

Dick..I think it is horses for courses... My view is that ftse is great for range traders.. Some pros I know love trading ranges..so they like the ftse... But if you like momentum and movement ,,then you have to trade DAX.. DOW..Russell..

I used to find maybe 2 or 3 good setups per day on ftse... On Dax I see many, many more per day.. Makes for a more relaxing day.

 

[reksa]

I have some catching up to do. I thought this thread had died.

Good to see some of the regulars back in force.

 

[SuddenDeath]

I have some catching up to do. I thought this thread had died.

Good to see some of the regulars back in force.

It almost did not make it, I tried to fill the shoes of the previous bloggers but i could not, but some of them have returned.

 

[reksa]

It almost did not make it, I tried to fill the shoes of the previous bloggers but i could not, but some of them have returned.

Glad you stepped up.

You talk some good analysis man.

 

[Dick Lexic]

hi reksa, good your back

 

[Dick Lexic]

Dick..I think it is horses for courses... My view is that ftse is great for range traders.. Some pros I know love trading ranges..so they like the ftse... But if you like momentum and movement ,,then you have to trade DAX.. DOW..Russell..

I used to find maybe 2 or 3 good setups per day on ftse... On Dax I see many, many more per day.. Makes for a more relaxing day.

well it looks similar to me

 

[DaddyJohn]

It almost did not make it, I tried to fill the shoes of the previous bloggers but i could not, but some of them have returned.

SD you did a great job.. It's all about attitude and I was getting a bit fed up of some entrants approach.. But you have kept a nice balance .... Well done

 

[DaddyJohn]

well it looks similar to me

To you maybe.. To me.... Chalk and cheese

 

[DaddyJohn]

I have some catching up to do. I thought this thread had died.

Good to see some of the regulars back in force.

Welcome back Reska.... We just need DC now and Martin ..... The gang returns ,,plus a very capable SD

 

[SuddenDeath]

Welcome back Reska.... We just need DC now and Martin ..... The gang returns ,,plus a very capable SD

thanks DaddyJohn your very kind

 

[samirs]

SD - what are the levels for today

 

[SuddenDeath]

SD - what are the levels for today

Glad you asked

Buy 5776
Sell 5766

 

[Dick Lexic]

a new high needed today

 

[SuddenDeath]

Dow/SP500 implying weaker FTSE100

Markets need to digest yesterdays gains