Anyone scalping the FTSE Futures??

With the Dow going up and down 500 points every 3 days I'm not closing this position.
 
Safe, probably not. But if I'm convinced there will be a dip to buy, then I might as well turn a profit whilst the price is on it's way down there no?
 
Dow is only up 260 points from my short entry. :whistling
I took a beating on that one.

Bouncing off its 20 day MA at the moment, then on its way down. I am hesitant to short for some reason. I think thats the point of these face rippers.
 
Have got some small limit buy orders queued up sub 10,400, not happy to "play" at the current levels after 3 or 4 weeks of "OMG BEAR MARKET HERE WE COME!!!!".
@postman any idea about if volume has actually increased now we're a little into September? Then I'd have more faith in going long if it was increased volume that has driven these up-moves.
 
Back in play

3rd leg on most indices if we get the break :idea:


 

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Dax 7 am 10,420.
Dax 8 am 10,520.
Dax 9.50am 10,420.

Dax 11am who knows.

Glad everyone is clear on direction. :rolleyes:
 
Dow is only up 260 points from my short entry. :whistling
I took a beating on that one.

Bouncing off its 20 day MA at the moment, then on its way down. I am hesitant to short for some reason. I think thats the point of these face rippers.
At least u are honest mate.are you £1 per point on that position-scale out at a loss perhaps?
 
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