Anyone scalping the FTSE Futures??

[piphoe]

short sweet again

looking for about 40 ticks

 

[piphoe]

look at monday, tuesday and today...sweeps off the open.

anyone bought crude in low 47's, or 48 or 49 congrats but don't get greedy 🙂

let us shorts think we got something here, throw us a bone and burn us LOWER. much lower 😉

say around...48.90?

 

[piphoe]

Dowboys, lets take it down here. say 540 YM? too many are too confident..

the market must make sense or players will stay on sideline.

let's throw them a bone.540, belligerant bulls will step up..

then well burn there azzes to 500!! lol

 

[piphoe]

short sweet again

looking for about 40 ticks

closed -12 ticks🙁

 

[piphoe]

taking another short shot at light sweet..

short 4941..

trgt 4980

edit: 4890

 

[postman]

"personally, i'd take the math guy over experience"

Why a lot of fancy math can’t help investors beat the market

https://mrtopstep.com/lot-fancy-math-cant-help-investors-beat-market/

 

[piphoe]

adding short 51..

 

[piphoe]

"personally, i'd take the math guy over experience"

Why a lot of fancy math can’t help investors beat the market

https://mrtopstep.com/lot-fancy-math-cant-help-investors-beat-market/

because the market is all math. esp now with the algo's. you can eyeball a chart full of candles, or do rigor math on the underlying data. which would you put confidence in? given the choice, which i doubt you have. i know i don't

i can't do the rigor, i eyeball, and you can see where that's got me.

having said that, i do alright 🙂

 

[postman]

Those yanks really want to see how far they can push it before the sellers step in.

 

[piphoe]

Those yanks really want to see how far they can push it before the sellers step in.

Given a set of working assumptions, math creates the best models.

ps having said that:

Magnus
https://en.wikipedia.org/wiki/Magnus_Carlsen

kicked math genius Anands azz, twice 🙂

Magnus plays thru with intuition.
Magnus is a positional player, as oppsed to tactical.

I am a positional palyer, requires judgement over tactics AKA the long game:/

 

[piphoe]

da bulls need a reason to take profit, and we shorts aren't giving them one.

we seem weak. like liberals 😉
till we do they will keep on hammering us.

da bull on steroids

 

[piphoe]

at the first sign of weakness...the first sign ..you'll see a lot of limp bull dicks.

and that is near my friends

 

[postman]

See now it looks like the S&P is pushing for a full 50 point swing from the low on Monday 2,322. Cause thats the sort of p1ss taking they do. The dow isnt happy about it and is being dragged along for the ride.
I'm short dax and so its clouding my judgement (thats a big problem in this game seeing what you want and not whats actually happening).
I could see the s&p closing high and gaping open 2372 and falling from there, but I hope not. Cause thats going to squeeze the life out of my dax position.

 

[piphoe]

See now it looks like the S&P is pushing for a full 50 point swing from the low on Monday 2,322. Cause thats the sort of p1ss taking they do. The dow isnt happy about it and is being dragged along for the ride.
I'm short dax and so its clouding my judgement (thats a big problem in this game seeing what you want and not whats actually happening).
I could see the s&p closing high and gaping open 2372 and falling from there, but I hope not. Cause thats going to squeeze the life out of my dax position.

You can see the S&P gapping open to 72? LOL Confidence level pls?

 

[Atilla]

You can see the S&P gapping open to 72? LOL Confidence level pls?

How many lives do dead cats have again???

 

[piphoe]

How many lives do dead cats have again???

One more push ..i imagine

 

[piphoe]

if you can just push them off their game...a tick...throw them off balance..make them Q themselves..

you have them.

often it's only a TICK that can sway

 

[piphoe]

as we get closer to the close da bulls dick gets limper..

c'mon bulls, you have a large SET? lets see em! FLASH THEM HERE!

ya, thats what i thought the anti-climax into the close 😀

gap down 2morrow?

 

[piphoe]

With the advent of HFT/computer algos has driven all us human traders as "positional" traders. judgement traders anything over a millisec is positional these days. :/

sad as that may be, it is an inevitable as self-driven cars

ahh last rant, lets get back to trading lets beat these aholes at there long game🙂

https://en.wikipedia.org/wiki/Glossary_of_chess#Positional_play

 

[piphoe]

lets see what they do 15min into the close..

much of trading is seeing what the other guy does. in other words, watching.

lets see how big there balls are 15 min after the close, when the margin is calling 😉