Anyone scalping the FTSE Futures??

[SuddenDeath]

Very interesting, might be a negative outlook on ftse today if BP runs that course then.

RDSA similiar and has 100ma cross in addition

 

[SuddenDeath]

FTSE100 @ 9.07am

5640-23 very oversold

 

[Soloquan]

I might be looking to go short soon. Hope this isn't gonna be one of those choppy ranging mornings

5631 I reckon I'm just gonna do it

 

[SuddenDeath]

RIO close to bottom of 2 month bear flag

 

[SuddenDeath]

FTSE @ 9.15am

FTSE down 23pts 5641 extremely oversold

 

[Soloquan]

ftse struggling to get past this daily PP at 5648

 

[Splitlink]

Oh, dear. I went long at 0905 --5644.3

 

[Soloquan]

Might still be okay if it has another test of 5648 fairly soon

 

[SuddenDeath]

RIO watch if this breaks

 

[Splitlink]

Yes, it seems to want to go lower. Closed -8

 

[Soloquan]

RIO watch if this breaks

Rio is looking VERY bearish

 

[SuddenDeath]

Oh, dear. I went long at 0905 --5644.3

sorry, what was rational for the trade?

only down about 3pts

 

[Splitlink]

*****!

 

[Soloquan]

Yes, it seems to want to go lower. Closed -8

Dunno, still think it might test that PP 5648 again

 

[SuddenDeath]

Rio is looking VERY bearish

Soloquan previous break of big rio trend line, made FTSE drop 500pts. i blogged about it on this thread, 3rd may

 

[SuddenDeath]

Oh, dear. I went long at 0905 --5644.3

u back at break even, did u nibble ?

 

[Soloquan]

Soloquan previous break of big rio trend line, made FTSE drop 500pts. i blogged about it on this thread, 3rd may

Didn't realise it carried that much weight in the ftse. I think BP is about 9% isn't it?

 

[Dick Lexic]

Soloquan previous break of big rio trend line, made FTSE drop 500pts. i blogged about it on this thread, 3rd may

so a good forward indicator? did it move before the ftse?

 

[SuddenDeath]

Didn't realise it carried that much weight in the ftse. I think BP is about 9% isn't it?

when rio falls it takes the rest of resource sector with it and it is a "canary in the coalmine" for china slowdown

 

[bustech]

Soloquan previous break of big rio trend line, made FTSE drop 500pts. i blogged about it on this thread, 3rd may

RIO reports half year results on the 8th August.
RIO have an over-reliance on iron-ore.
Makes BHP Billiton the better big mining bet.