Anyone scalping the FTSE Futures??

[wallstreetwarrior87]

We could get a bad bounce off 26534 line

good spot

 

[wallstreetwarrior87]

We could get a bad bounce off 26534 line

Also a vol surge into it!

 

[wallstreetwarrior87]

short 565

 

[wallstreetwarrior87]

out 557

 

[wallstreetwarrior87]

Nothing following through -

 

[wallstreetwarrior87]

Way underestimated the strength of buying today -
Tomorrow another day

 

[wallstreetwarrior87]

short 580

 

[wallstreetwarrior87]

and back on me again stopped @80

 

[wallstreetwarrior87]

Now im out it will drop to 560

 

[wallstreetwarrior87]

Now im out it will drop to 560

ok 562 then - now its taking the Michael

 

[Dentalfloss]

Nope
Twaz support

 

[Dentalfloss]

 

[wallstreetwarrior87]

Why do you keep selling short today when it is going high?

Just wondering why you don't "follow" the trend, is it too danger to chase the high now?

I just underestimated what was left in terms of buying. Nothing lost - tomorrow the same situation occurs and each trade will go +20.

There will always be days like this (Friday up = Monday follow through DOH!)

Off my head (so dont quote me lol) 5 days out of 20 (months trading) will be like this. Limit losses (or even make a few) on these days - and you have the other 15 to clear up!

If the market was obvious direction wise, you would bet the ranch - from my experience - the market is obvious only when you dont take a chunk of it on the way up and only take shorts - then you sit back and look at the chart and say why didnt I buy????

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

 

[wallstreetwarrior87]

Just wondering why you don't "follow" the trend, is it too danger to chase the high now?

Ha - My favourite debate, "Trend" - this is so subjective - and its a term used by traders to resonate their decisions. Its all relative to when you get in and out - what is your horizon? You will always find a trend -

Take a look at these charts - are these in an up trend or down trend??

5 sec chart - down trend BUT you need to make fast decisions to trade within the trend.

So you see counter, I see "enter on a test of a recent high/low" - this enables the opportunity for a tiny stop, and the added bonus of finding out within a minute if you are wrong lol 😉

Not for everybody, each to their own as always.

 

[Dentalfloss]

Will it dump our pivot.?

 

[Dentalfloss]