Anyone scalping the FTSE Futures??

[postman]

Always good to have something or someone who's action(s) create volatility, which leads to trading opportunities, ideal for someone like me who trades the PA movements rather having a psychological levels or pre-conceived directions in mind.

I have a preconception of a BIG fall this week, so I'd probably better not trade.

 

[joseph1986]

Agreed. 6840 zone is make or break.

reached 6853 in premarkets...currently sitting in high 40's.
That trade from 6809 was a golden opportunity

 

[swissy]

reached 6853 in premarkets...currently sitting in high 40's.
That trade from 6809 was a golden opportunity

That was a good call Joseph.

Sounds like you closed out ?early. I took a long from that zone and closed ( stopped out as I tightened the stops in 6830 zone).
For me it's just the way it goes.... I try and let my winners run and tighten stops accordingly, if it gets stopped out so be it. Move on and see where the next trade opportunity may present itself.

 

[joseph1986]

That was a good call Joseph.

Sounds like you closed out ?early. I took a long from that zone and closed ( stopped out as I tightened the stops in 6830 zone).
For me it's just the way it goes.... I try and let my winners run and tighten stops accordingly, if it gets stopped out so be it. Move on and see where the next trade opportunity may present itself.

Still open. Asx I see another 100 points for the week. Euro...probably another 50 points and dow another 300 points. Sounds a bit crazy since everyone is bearish but that's my analysis.

 

[joseph1986]

That was a good call Joseph.

Sounds like you closed out ?early. I took a long from that zone and closed ( stopped out as I tightened the stops in 6830 zone).
For me it's just the way it goes.... I try and let my winners run and tighten stops accordingly, if it gets stopped out so be it. Move on and see where the next trade opportunity may present itself.

Buying again 6842....doubt this will happen though.
Will get rid of positions at 6960

 

[joseph1986]

small order 1 lot long ftse 6848

 

[joseph1986]

long ftse 6842

 

[swissy]

long ftse 6842

In L as well @42

 

[swissy]

In L as well @42

Got stopped out there -5 .... If this breaks down be looking at 6820.

 

[swissy]

Came in a bit too early....thought there would be a bigger battle over 6840, you know what 'thought' did, looking for some momentum before I go long again.

 

[joseph1986]

Got stopped out there -5 .... If this breaks down be looking at 6820.

-5 seriously? Why not just place a sell order? Usually give up at -35 below entry. Goes below 20 points...put in a sell order.

 

[joseph1986]

cover
short dow to 146

 

[postman]

did i mention 6719 on ftse soon

This week by the look of it.

 

[piphoe]

my shorts are ready to ripen. hope this is the "big one"

hi gents!

 

[piphoe]

looks to me us markets want to climb higher here first

 

[piphoe]

grind higher and retrace some of that slide?:innocent:

 

[joseph1986]

cover
short dow to 146

close short position at 18132
Those longs are killing my account.

 

[Suftum]

US Consumer confidence figures at 3 could force some movement...

 

[swissy]

-5 seriously? Why not just place a sell order? Usually give up at -35 below entry. Goes below 20 points...put in a sell order.

Had a bigger stop but tightened in once trade moved in my direction.

As for not putting a sell order in... that's probably poor trading and lack of experience.

 

[swissy]

ftse - be mindful this is in bear trap territory now (6780 - 90). careful.