Anyone scalping the FTSE Futures??

Markets are just doing what they always do. Dumping out the weak hands. Survival of the fittest ! Are you fit?

i understand the "dumping out weak hand" ..used it many times.

(which is just what i think they just did)
but i disagree, these markets are excessively volatile and disjointed. and overbought!
 
imo, going to take a lot of conviction to sell this lower here. trend is still UP. we crawl higher here, imho. emphasis on "crawl"
 
i understand the "dumping out weak hand" ..used it many times.

(which is just what i think they just did)
but i disagree, these markets are excessively volatile and disjointed. and overbought!

:LOL: But they do it in all timeframes and todays action on the smaller tf was a classic example of dumping on the scalps long from the bottoming action. Seeing the run up to 18,500 was inevitable, that run took out the shorters from a higher tf.
 
It should always end well, so long as you keep with the market direction.(y)

Ftse current price = 6870ish
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Equilibrium = Ftse 6840/ASX 5377



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ASX current price = 5346 ish

Any deviation will result in anomalies across all markets
 
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