Anyone scalping the FTSE Futures??

[SuddenDeath]

This maybe explains it all a bit better

thats excellent information barjon,

I was shown a ratio chart created in IG markets advanced charting function. its pretty neat, spreads/pairs are the bets way to trade,

thanks for sharing 🙂

 

[SuddenDeath]

He nailed a lovely reversal though 👍

I will in future tip toe around those reversal times

 

[SuddenDeath]

FTSE @ 10.45am very oversold 5642 -21

FTSE @ 11.52 5662 -1 no longer oversold

 

[Soloquan]

thats excellent information barjon,

I was shown a ratio chart created in IG markets advanced charting function. its pretty neat, spreads/pairs are the bets way to trade,

thanks for sharing 🙂

Yeah totally. I'll give that a read a bit later when I'm done for the day.

I've always been interested in hedging and markets that have a correlation. When I very first started trading I used to do a similar thing with Cable & Euro but never really understood why or how they moved that way.

Should make for an interesting read I think

 

[SuddenDeath]

great call Barjon

I posted that at 10.35

 

[SuddenDeath]

imagine if the FTSE was at 10.00am and also overbought, it would drop like a stone, or maybe not

 

[Soloquan]

if ftse holds this level now i'll add to my open position and move s/l for both to 5656

 

[Soloquan]

in again @ 5664

s/l for both positions @ 5656

target for first position is 5675 fully close that trade leave second trade open with 50% taken off and s/l moved to b/e

if that makes ANY sense lol

 

[SuddenDeath]

where is bustech? probably having a barbecue with the "shiela's"

 

[SuddenDeath]

FTSE @ 10.45am very oversold 5642 -21

FTSE 5672 +7 @ 12.07 not oversold any more

 

[Soloquan]

bottled it totally

Closed first trade out @ 73
Closed second trade out @ 64 for b/e

Might have more to the upside but not liking the bounce off R1

 

[SuddenDeath]

FTSE hit my target for todays high of 5675 (100ma on daily) but it could stillgo and hit bustech prediction of 5681

 

[Dick Lexic]

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

bouncing now

 

[SuddenDeath]

I took 29pts on 120% position

34.8pts

 

[Soloquan]

FTSE hit my target for todays high of 5675 (100ma on daily) but it could stillgo and hit bustech prediction of 5681

Yeah I'm looking at a short right now below that weekly pivot of 62

if it does that's a beautiful looking pin off R1 75 and a break below the weekly pivot.

 

[SuddenDeath]

FTSE at 5668 was very oversold (-5)

sorry should read plus 5 not minus 5

 

[SuddenDeath]

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[bustech]

where is bustech? probably having a barbecue with the "shiela's"

Sorry guys.
Just been watching Coronation Street and Eastenders, sad I know.
On the money SD with 5675.
Let see what the Yanks can do, over due a bounce.

 

[Soloquan]

Right I'm really looking at a nice little short here.

Anywhere below 60 will do for me

 

[SuddenDeath]

Sorry guys.
Just been watching Coronation Street and Eastenders, sad I know.
On the money SD with 5675.
Let see what the Yanks can do, over due a bounce.

stil early bustech, u could still get 5681 only 6 more nudge higher, wonder how strong dow will be?

Dick Lexic has debunked the sp500 audusd correlation theory