Anyone scalping the FTSE Futures??

[Dentalfloss]

 

[Dentalfloss]

sellers in with a chance

 

[john jackson III]

where is counter-violent, "oh mista postman don't see any real trade there, you gambling??"



these guys know each other

 

[Dentalfloss]

retest the trendline...Maybe we get a dump

 

[Dentalfloss]

 

[Dentalfloss]

 

[john jackson III]

short another 26019..

 

[john jackson III]

strait higher off the open and short. drawing a fib here from today's low to HERE. as good as any indicator today me thinks.

38% = 25,880. that's too steep for me so I'm going with 25940.

 

[Dentalfloss]

Dump overnight to our 25924...and bounce
slept thru it...

 

[Dentalfloss]

 

[Dentalfloss]

Poss ramp into Labour Day holiday

 

[Dentalfloss]

not sure if thats right
above 26200 is major rez

 

[Dentalfloss]

who knows....lol

 

[luckyvictor]

How should we trade today? Seems like the bull is strong, but it is near the critical point

 

[Dentalfloss]

Lookin like 26300 is the top.... Dont bet on it

 

[Dentalfloss]

Dont call levels... That could empty your account
Trade price action

 

[Dentalfloss]

Levels are only a guide
Yu want to know who is in control by reading the price action

 

[Dentalfloss]

Thats why i post charts.... Easy to see who has control...... Bulls or bears

 

[luckyvictor]

Just find it very difficult to analyze after this "step change", bull obviously pushed the price to high, but does it mean the bear gave up? Price is resting in the top of the supply and demand zone, and is the third time, how much seller are still out there?

 

[inzimam]

sell signal on Dax - 1 hour engulfing candle

Ideally now some ramp up and then look for a sell signal on a lower timeframe - 5min or 1min