Anyone scalping the FTSE Futures??

[postman]

Any sign of support?

Some heavy selling pushing US markets down further and faster right now.
October 2018 saw a 5,000 point drop on the dow - not sure were going to see that this time.

Who knows?

 

[Dowser]

Any sign of support?

Yes, wide area of potential support 26000 - 26250.

 

[luckyvictor]

Unlikely to close above 26300, what will happen overnight...

 

[Dentalfloss]

No ink...yu gotta stink

 

[postman]

90 minutes left.
600 point move in 1 direction or the other.
place your bets.

500 down !

 

[Dowser]

Wow, we're going to hell in a handcart!

 

[inzimam]

Feck..

 

[inzimam]

25565 long...

 

[Dowser]

I wasn't trading in 2008, but I guess it looked something like this!

 

[inzimam]

25565 long...

Don't trust out of hours so take half off at 25672

 

[counter_violent]

These 1 sec charts are great 🤭

 

[inzimam]

Coronavirus: Dow Jones suffers its biggest ever fall

Dow Jones plunges nearly 1,200 points on virus fears - as it happened

US share index tumbles 1,190 points, the Netherlands confirms its first case and 50 Britons are allowed to leave Tenerife hotel. This blog is closed.

www.theguardian.com

 

[Oscar Reed]

Dow down 200 up 150 all in under 5 mins
WOW

 

[inzimam]

Another 500 drop overnight... Maybe another 500 today to complete the set... Ridiculous

 

[wallstreetwarrior87]

Another 500 drop overnight... Maybe another 500 today to complete the set... Ridiculous

In a few months we will all look back and say " did that actually happen". 🤔 The hardest part will always be adapting to the change in volatility.

 

[wallstreetwarrior87]

These 1 sec charts are great 🤭

Too true. I have always recommended micro time frames when volatility is like this, just got to get the old grey matter to realise you need to be fast. You will have the same amount of trades in a 2 hour session as you would usually have in 2 weeks😜. Every 10 mins you have a 200 range to work off, crazy times.

 

[inzimam]

How do you charge up your stake size on the 1 second chart.. I'm guessing no stops?

 

[inzimam]

Question

Do you include the candle wick when determining higher high etc or does price have to close above on your time frame?

 

[Dentalfloss]

dow updated
Poss bear trap looming

 

[inzimam]

In a few months we will all look back and say " did that actually happen". 🤔 The hardest part will always be adapting to the change in volatility.

2008 was hit by fundamental issues with liquidity in banks so we expected a bigger reset
This time around fundamentals are stronger but the market needed a bit of a pull back as some valuations were sky high

When money comes back in it will go into the more solid performers clearing out some of the hyped stocks without true value