Anyone scalping the FTSE Futures??

[Dentalfloss]

I wonder if the Germans are expecting an announcement of massive stimulus at 9am.
It aint gonna happen.

 

[postman]

I wonder if the Germans are expecting an announcement of massive stimulus at 9am.
It aint gonna happen.

Or maybe just shaking out the weak shorts before the plunge!

 

[postman]

Lined up for a pump or a dump
View attachment 282050

Well its been pumped 40 points since 2:30 am so I'm hoping for the later.

 

[Dentalfloss]

 

[Dentalfloss]

Options expiry tomorra

 

[postman]

Options expiry tomorra
View attachment 282053

Expect volatility.

 

[Dentalfloss]

 

[Dentalfloss]

Add some lines

 

[Dentalfloss]

 

[Dentalfloss]

In supp

 

[Dentalfloss]

 

[Dentalfloss]

 

[10pips]

I'm curious about your exit, do you watch the US markets in comparison to the FTSE.
Those yanks (I use it as a term of endearment) love to ramp up their stocks overnight (statistically 'significant') and so the FTSE tends to go higher early if it gaps down at the open. I think your ftse has more upside until 10am.

Took a poor entry, bought it way at the top , should have waited for support. left SL at 6200 and taken out overnight.

My view was, DAX wasn't falling, FTSE was steadily rising.

 

[postman]

Took a poor entry, bought it way at the top , should have waited for support. left SL at 6200 and taken out overnight.

My view was, DAX wasn't falling, FTSE was steadily rising.

OK so your stop was the reason you lost money, because the ftse is 6270 right now.
Thats 2 for 2 that something that is supposed to save you money has cost you money.
It's worth thinking about.

 

[kalott]

Options expiry tomorra
View attachment 282053

And where is max pain?

"
Bored Day Traders Locked at Home Are Now Obsessed With Options

Bloomberg - Are you a robot?

 

[postman]

I'm underwater on my dax and these markets are powering higher.

 

[postman]

Its nearly 10am
If I were long ftse I would close and reverse now at 6267

 

[barjon]

Its nearly 10am
If I were long ftse I would close and reverse now at 6267

You must be a mind reader closed 5 min ago but not reversed (as yet - I’ll wait ‘til after 10am if an opportunity arises)

 

[Dentalfloss]

Into blue...and dump

 

[Dentalfloss]

Sellers need to take out that red trendline