Anyone scalping the FTSE Futures??

[postman]

Always be ahead of price - not behind - you need to know how others will trade a few seconds before they do lol

Without entering early
It that simple - or complicated whichever way you look at it.

 

[wallstreetwarrior87]

Next one could pop to 95/100 zone

 

[wallstreetwarrior87]

Without entering early
It that simple - or complicated whichever way you look at it.

Yep agree, I guess complicated is just a definition, its what you see through the glass!

 

[postman]

Dow is just thrashing around right now, 27058 is a stupid place and time for the low of the day so its just a small kick higher now.

 

[inzimam]

Without entering early
It that simple - or complicated whichever way you look at it.

So, i saw volume spike up buying at 4pm (on 1 min chart) followed by some low volume sell bars... this is around the time when you entered the long. Is that a signal?

 

[wallstreetwarrior87]

frazzles my mind!

If you burn your fingers once - will you ever go back?? Maybe - but next time you wear some oven gloves - price is one hot potato lol

 

[postman]

So, i saw volume spike up buying at 4pm (on 1 min chart) followed by some low volume sell bars... this is around the time when you entered the long. Is that a signal?

Entred the long because of the higher lows and trend break, then a second wave of selling came in. Dow is testing that level 27,120 from below now, I dont see it breaking this time.

 

[wallstreetwarrior87]

Sellers trying to come in here 16.15pm -
So the Q is - will the market let these early birds have a free lunch??

 

[wallstreetwarrior87]

16.17Pm
scalpers play the double top - only for a few - no need to be greedy, there are enough trades per session for them

 

[wallstreetwarrior87]

Cover at 16.18pm for between 6/8 pts

 

[wallstreetwarrior87]

They now step away and its back to testing the resiliance of the shorters from 16.15pm.

IE anymore to come before we can sqeeze them out????

 

[wallstreetwarrior87]

16.20pm 2nd wave come in but not as many

16.24pm test - still no interest

 

[wallstreetwarrior87]

Their stops are 125/130

 

[wallstreetwarrior87]

Now they have been taken out

 

[postman]

I've just closed my long for 0

 

[wallstreetwarrior87]

Market is now free to fall - if it wants too

 

[wallstreetwarrior87]

I've just closed my long for 0

Slap bang in the middle of the range, so I think the right thing to do!

 

[wallstreetwarrior87]

16.27 to 16.31pm now market falls - but no early sellers - they are using their oven gloves now!!!

They want more confirmation - they are willing to get in at a worse price this time round

 

[wallstreetwarrior87]

Market hits 87 - so basically the shorters at 16.15 @27110 ahve been shafted. Could have had a nice +20 but instead a loss of -15

Thats the name of the game very cruel in nature

( now a low of 80)

 

[wallstreetwarrior87]

And who do we think sold at 16.34pm????

With oven gloves. Reacting - not anticipating !!