Anyone scalping the FTSE Futures??

[SuddenDeath]

Barjon's 10am reversal beats SD oversold

 

[Soloquan]

key test now, bounced off weekly PP now at daily PP

 

[SuddenDeath]

Douglas Carswell MP on currency competition and how the digitial revolution will democratise money and replace the current system of government led central banking.

Douglas Carswell - The Future Of Money - YouTube

 

[barjon]

I thought about taking a bounce off 5660 but I don't think it's gonna be sustained

if my s/l gets taken out at 5651 then I might look at short but would have to then be a clean break of the daily PP at 5648 for me to go short now

I had a short ftse/long dow pair trade in mind really and just entered ftse first when it looked as though 10:00am reversal time might go.

 

[SuddenDeath]

FTSE now close to 9.05am extreme oversold levels

10.22 5648 -15

 

[Soloquan]

I had a short ftse/long dow pair trade in mind really and just entered ftse first when it looked as though 10:00am reversal time might go.

You hedge using dow?

I tried a similar a while back, hedging with binaries, but hated giving back profit from perfectly good trades.

 

[barjon]

taken +10 - will still look for pair later

 

[Soloquan]

5638 might look to go short from.

Nice number that SD 😉

Unless of course it's just testing the daily PP in which case I'll look to long from 54

 

[barjon]

You hedge using dow?

I tried a similar a while back, hedging with binaries, but hated giving back profit from perfectly good trades.

I trade ftse/dow as a pair (where market direction doesn't matter - only the relative movement twixt ftse and dow) but look for a "bonus" of entering on the side of what looks most likely first. If that works it's just a straight directional trade, if not then the "hedge" turns it into a pair. If that makes sense 😕

 

[SuddenDeath]

Im playing 10:00am reversal time - short at 5657 will turn it into a pair with dow long if it goes back above 5660

great call Barjon

 

[SuddenDeath]

VOD US listed

 

[SuddenDeath]

FTSE @ 10.45am very oversold 5642 -21

 

[Soloquan]

ftse is being a right little tease

 

[Dick Lexic]

that number 48 keeps turning up it's s&p low for last week....might just be testing here

 

[SuddenDeath]

BLT/RIO both down around 1.5%

 

[Soloquan]

BLT/RIO both down around 1.5%

BP holding up still??

 

[SuddenDeath]

BP holding up still??

weird ftse today, BLT RIO should be up with the weak dollar and weak bonds.

 

[SuddenDeath]

Bloomberg ha a nice ftse100 constituents page u can sort by change today.

UKX Members-FTSE 100 Index - Bloomberg

 

[SuddenDeath]

FTSE nice bounce from the sell pivot 5637

 

[Dick Lexic]

FT Alphaville » An AUD tale of correlation lost