Anyone scalping the FTSE Futures??

268675
 
The International Monetary Fund projects that the global economy will grow by its slowest pace since the financial crisis ... major economies like the U.S., Japan, and China are still expected to slow further.

Dow up 300 🤔
 
postman said:
The International Monetary Fund projects that the global economy will grow by its slowest pace since the financial crisis ... major economies like the U.S., Japan, and China are still expected to slow further.

Dow up 300 🤔
Click to expand...
Dow will keep rising 100K by next election/US
 
postman said:
The International Monetary Fund projects that the global economy will grow by its slowest pace since the financial crisis ... major economies like the U.S., Japan, and China are still expected to slow further.

Dow up 300 🤔
Click to expand...

Is it a joke or really what you predict? Your opinion is always valuable
 
postman said:
Its what actually happened yesterday! The dow was up 300 AFTER the IMF announcement.
Click to expand...

I see , you are referring yesterday move.

So given that we have not got much movement so far today, how do you read this behaviour from the market?

Technically since it didn't move much, so no any indication really, looking at the bigger picture, we know that it has been up for a while already, but will it be a turn around or a point to trap more bear?
 
luckyvictor said:
I see , you are referring yesterday move.

So given that we have not got much movement so far today, how do you read this behaviour from the market?

Technically since it didn't move much, so no any indication really, looking at the bigger picture, we know that it has been up for a while already, but will it be a turn around or a point to trap more bear?
Click to expand...
After a day like yesterday a flat 100 point range day closing +30.
 
Dentalfloss said:
Victor....Have you ever read a book on technical analysis..??
Click to expand...

Yes, technical analysis of the finanical market by John Murphy

I am very willing to learn, if you have any advice, please provide me.

At the moment, I really want to be able to read things from the chart itself, and apply the concept of big player and retail player to identify the higher probability trades, i.e. to trade with the big player.
 
luckyvictor said:
Yes, technical analysis of the finanical market by John Murphy

I am very willing to learn, if you have any advice, please provide me.

At the moment, I really want to be able to read things from the chart itself, and apply the concept of big player and retail player to identify the higher probability trades, i.e. to trade with the big player.
Click to expand...
What about 'order flow' don't you want to learn this? The chart isn't the whole story.
 
john jackson III said:
What about 'order flow' don't you want to learn this? The chart isn't the whole story.
Click to expand...

To be honest, yes, I had a try before but it seems a bit too difficult to understand, or I couldn't find the right material, so I didn't choose to go forward

If you have anything useful, knowledge, material, experience n etc, would you mind sharing?
 
range bound day so far....with a little interest to upside.

game of wait & see where they want to take this; all about kissing their 😚
 
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