Anyone scalping the FTSE Futures??

postman said:
You think its going to be bad? I'm looking for at least a 50 point bounce.

Nikkei recovered late in the day.
Click to expand...

I am not against some very quick trades after small plunges but for day+ trades don't see much point in going long yet. I think the trend on the Dax is still down and we could see an 11 print yet this week.

By all means go for 20 points on a bounce but for those ones I couldn't type fast enough as I will be in and out very quickly. What may happen this week is the US gets a dose of real selling and Dax will keep going down. $ still weak and € still holding up and since Dec lows € is up 12% so got to hurt those currency manipulating Germans.
 
NickBk said:
I am not against some very quick trades after small plunges but for day+ trades don't see much point in going long yet. I think the trend on the Dax is still down and we could see an 11 print yet this week.

By all means go for 20 points on a bounce but for those ones I couldn't type fast enough as I will be in and out very quickly. What may happen this week is the US gets a dose of real selling and Dax will keep going down. $ still weak and € still holding up and since Dec lows € is up 12% so got to hurt those currency manipulating Germans.
Click to expand...

This is the Donalds policy of lowering the dollar hitting Europe. We live in a world where everyone is trying to manipulate their currency lower.
 
postman said:
This is the Donalds policy of lowering the dollar hitting Europe. We live in a world where everyone is trying to manipulate their currency lower.
Click to expand...


The beauty about the markets is we can disagree and still both make money today.
We just both need a bit of patience and can do well.
 
NickBk said:
I am not against some very quick trades after small plunges but for day+ trades don't see much point in going long yet. I think the trend on the Dax is still down and we could see an 11 print yet this week.
...
Click to expand...

Went for +50 currently -55

My entries recently have been terrible.
 
10pips said:
Closed this before US close on Friday @ 21560s.

Will look at shorts again with SL 21595s. Targeting further big drops.
Click to expand...

Could have made 200-400pips on DAX alone if I didn't pay too much focus on DOW over the last 10 days. (n)(n)
 
10pips said:
Closed this before US close on Friday @ 21560s.

Will look at shorts again with SL 21595s. Targeting further big drops.
Click to expand...

I am expecting DOW to retest July opening price and possibly break through that support for further downside.
 
wallstreetwarrior87 said:
Ideally trying to create a net short position on the US markets , while taking bites off Dax. But Dax is playing hard ball due to being in a bigger overall move and close to the "00" number. See what the next hour brings to the table.
Click to expand...

Still got 1 unit left short on Dow @533 from Friday, may get chance to get something off this later if we can crash through the Friday lows?

Will see soon enough I guess.
 
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