Anyone scalping the FTSE Futures??

[SuddenDeath]

Could be bullish or bearish. Here's the theory:

"....usually the market is full of bullish energy. The market has opened on or near its highs, then sells off sharply and then rallies to close near highs.

If the market opens lower the next day, those who bought on the open or close of the hanging man are now left "hanging" with a losing position. Thus, if there's a down gap open the next day the market is vulnerable to a fast break down with the added fuel of the losers closing their positions.

On the other hand if the market opens same or up and progresses that way then it's a sign of continued strength."

As is often the case, a long winded way of saying that it'll either go down or go up 🙂

thanks for that Barjon I am going to spot other "hanging mans" on ftse, wonder when the last one was.

 

[SuddenDeath]

yeah? well he's a crap train driver as well..

once during a speech he forget his own birthday,

 

[SuddenDeath]

dont bail run that sucker until the wheels fall off !

went all the way to 47

 

[SuddenDeath]

Guess the margin of victory in Poland greece, game

I say Poland by one goal margin.

 

[Dick Lexic]

thanks Barjon

that do not sound bullish

how about a weekly bullish engulfer?

 

[barjon]

thanks for that Barjon I am going to spot other "hanging mans" on ftse, wonder when the last one was.

to be seen at potential tops don't forget

a couple here on the monthly (yellows) but shooting stars and hammers (whites) a better bet.

 

[barjon]

went all the way to 47

mmm, yesterdays close if you're talking cash

 

[SuddenDeath]

mmm, yesterdays close if you're talking cash

yep thats cash, might be gap close?

 

[samirs]

poland 1 : greece 0

 

[SuddenDeath]

to be seen at potential tops don't forget

a couple here on the monthly (yellows) but shooting stars and hammers (whites) a better bet.

that is worthy of some research, some back testing. just analysed the ftse close, and it appears very bullish for Monday. very bullish should lead to a modest but solid up close.

 

[SuddenDeath]

FTSE levels for Monday 11th

Buy 5396
Sell 5386

FTSE 4.35pm close = Dow 12,473

 

[SuddenDeath]

Trader -Paul Tudor Jones video

Trader -Paul Tudor Jones_

 

[Dick Lexic]

Guess the margin of victory in Poland greece, game

I say Poland by one goal margin.

2-1 greece...a draw for most of the game then someone will bail them out🙂

 

[barjon]

that is worthy of some research, some back testing. just analysed the ftse close, and it appears very bullish for Monday. very bullish should lead to a modest but solid up close.

Well I like hammers at swing bottoms (shooting stars at swing tops) enough to double up my position when I see something like the thumbnail on my main equity stuff.

 

[SuddenDeath]

2-1 greece...a draw for most of the game then someone will bail them out🙂

please to remember the Greece players havent eaten for 5 days and have holes in the shoes !

 

[Dick Lexic]

s&p pushing up

 

[SuddenDeath]

Well I like hammers at swing bottoms (shooting stars at swing tops) enough to double up my position when I see something like the thumbnail on my main equity stuff.

that looks quite involved, seems like eliot wave type stuff.

 

[Dick Lexic]

dont bail run that sucker until the wheels fall off !

Three wheels on my wagon....but it might still roll along

 

[SuddenDeath]

Three wheels on my wagon....but it might still roll along

lol

today very strong dollar did not break down markets, only hammered oils/miners, but FTSE unscathed

 

[Dick Lexic]

a bit early for a yeehaaa?