Anyone scalping the FTSE Futures??

[Dentalfloss]

Updated: Sep 13, 2019 at 10:47 a.m. EDT Real time quote

$ 218.79
-4.255 -1.91%

Technology 1.16%

Previous Close
$223.09

 

[Dentalfloss]

supp held

 

[postman]

Here's the chart I posted last week with an update.
Were still in the triangle hugging the top, so there is a potential to drop slightly but why would they do that! There's people buying to s&p 3020 that was the overnight high and I assume we will hit that today in hours.

 

[Dentalfloss]

 

[postman]

Tick chart shows buying on dow getting more intense, suggesting a boom higher.

 

[wallstreetwarrior87]

Tick chart shows buying on dow getting more intense, suggesting a boom higher.

I see the same - just looking for an entry in the 227/30 area

 

[wallstreetwarrior87]

Also need to remember that some of the buying will represent sellers who shorted at 15.39pm dumping their position. So in other words still to see genuine buying to come.

 

[john jackson III]

My charts say range bound within a descending wedge. I'm flat awaiting further instructions from my chart.

 

[postman]

Certainly seeing SOME selling oming in.

 

[inzimam]

selling seems to get more intense on the ticks now

 

[wallstreetwarrior87]

Micro double top at 16.00pm - just scalpers closing - this should bring in a few shorters!

then we can buy !!!

 

[postman]

My charts say range bound within a descending wedge. I'm flat awaiting further instructions from my chart.

Well glad to here your NOT trading anything that moves for once. Progress!

 

[postman]

Certainly seeing SOME selling oming in.

selling seems to get more intense on the ticks now

Micro double top at 16.00pm - just scalpers closing - this should bring in a few shorters!

then we can buy !!!

See its not rocket science is it.

 

[wallstreetwarrior87]

Micro double top at 16.00pm - just scalpers closing - this should bring in a few shorters!

then we can buy !!!

In they come at 16.02pm and another bunch at 16.04pm -

 

[Dentalfloss]

P

 

[wallstreetwarrior87]

In they come at 16.02pm and another bunch at 16.04pm -

and now squeezed back out on the other side

 

[wallstreetwarrior87]

hit 231 on the pullback - didnt get it - too busy Bl**dy typing - but hope some get the drift.

See, you can hit turning points to within 10 points even on the Dow!!

Only if you want to - be in for a few mins and come out!

 

[postman]

So putting it all together, we get 3020 s&p in hours followed by a late selloff and nicely set up to finish at these levels next Friday.

 

[wallstreetwarrior87]

@postman - do you look for similar signs in your trading? TF relevant of course

 

[wallstreetwarrior87]

Personally I just try to max out the opportunities in say 2 hours (Max - and when the missus allows me too!).