Anyone scalping the FTSE Futures??

[f2calv]

Morning.

FYI - London Traders meetup next Wednesday, last time was a good crack.

http://www.meetup.com/TheLondonTradersNetwork/events/225420751/

 

[f2calv]

Just bought a;
dax 10650 PUT expiry Friday max risk 340 EUR
ftse 6100 PUT expiry Friday max risk 60 GBP

If daxy closes above 11000 then all bets are off I guess.
And yes I'm hoping for a proper sell-off at some point...

 

[jeffre4]

Just bought a;
dax 10650 PUT expiry Friday max risk 340 EUR
ftse 6100 PUT expiry Friday max risk 60 GBP

If daxy closes above 11000 then all bets are off I guess.
And yes I'm hoping for a proper sell-off at some point...

going to show my ignorance how do they work pls

 

[f2calv]

going to show my ignorance how do they work pls

I'm only just learning myself, but basically if you ever had a trade which went against you and hit your stop by a few points, then a moment later turned and went a couple of hundred points in your intended direction then they are definitely worth looking into.

http://www.investopedia.com/articles/optioninvestor/08/options-stops.asp

At the moment, due to my lack of knowledge I'm only buying OTM (out of the money) CALLs & PUTs because they are cheapest and the most closely aligned to how a traditional position works.

 

[SlowlyButSurely]

Options are great for trading volatility. Also good if you think the market is miss-priced/due a correction but your timing is not exact then you can pay a premium for time.

 

[psaTrading]

Investors will now focus their attention to the intervention of Mario Draghi at an event organized by the Central Bank of England at 13:15.

 

[f2calv]

OK - so my PUTs were in too early, looking like 11k is on the cards even before Super Mario opens his mouth.

 

[postman]

Daxy pushing and pushing.

 

[jeffre4]

I'm only just learning myself, but basically if you ever had a trade which went against you and hit your stop by a few points, then a moment later turned and went a couple of hundred points in your intended direction then they are definitely worth looking into.

http://www.investopedia.com/articles/optioninvestor/08/options-stops.asp

At the moment, due to my lack of knowledge I'm only buying OTM (out of the money) CALLs & PUTs because they are cheapest and the most closely aligned to how a traditional position works.

cheer will have a read

 

[f2calv]

Daxy pushing and pushing.

And then failed epically?

 

[MichaelJohnFX]

bear flag on 15 mins - this could get nasty

 

[MichaelJohnFX]

bear flag on 15 mins - this could get nasty

there you go...

 

[f2calv]

Short @ 10864, stop at BE, probably missed most of the move but hey ho...


...stop was obviously too tight, duh

 

[MichaelJohnFX]

Short @ 10864, stop at BE, probably missed most of the move but hey ho...


...stop was obviously too tight, duh

Think we'll get a decent bounce from 10840ish if it gets there

 

[f2calv]

Daily showing a bullish reversal for yesterday, and today showing *almost* a bearish engulfing... a real battle between bulls and bears tbh

 

[postman]

Big drop coming into the close in the US.

 

[postman]

Looking for 17660 on Dow.

 

[Atilla]

Drop drop baby...

 

[MichaelJohnFX]

I'm expecting a possible test of 10720 possibly even lower to 10650 tomorrow =|

Who cares it'll be buy to the heavens time soon.

 

[Atilla]

I'm expecting a possible test of 10720 possibly even lower to 10650 tomorrow =|

Who cares it'll be buy to the heavens time soon.

Hmmm not sure.

If highs ie 11000s rejected time to test lows again. I mean LLs.

Beware imo.