Anyone scalping the FTSE Futures??

[SuddenDeath]

Dow is down yest SPY and SP500 are up fractionally , Dixk has told me that SP500 trumps dow, since 500 ir more than 30

 

[SuddenDeath]

Dow unch will go higher imho 14.52pm

 

[Soloquan]

FTSE pivots for weds (5.47pm tuesday)

Buy 5647
Sell 5637

FTSE close = dow 12,715

nailed it spot on

 

[SuddenDeath]

nailed it spot on

thats a pivot. while we are above the buy pivot the market is strong and weak below.

it is a con-incidence the market has reacted around that level normally it does not, perhaps 5638 is a big level on futures, ie 5638 = 5600 on the front future month?

 

[SuddenDeath]

nailed it spot on

just checked it might be big number on the futures for ftse

 

[Dick Lexic]

imo s&p needs 48 otherwise side to down

 

[Soloquan]

just taken a loss, bought @ 5655
s/l hit @ 5648 back on that PP

that's me done for the day now, still managed a few nice wins this morning so that loss didn't really hurt too much but not gonna trade again today now.

Might have a little look at 19.00 see what FOMC says but until then

TTFN

Happy trading gentlemen

ARGH! FOOKIN S/L TOO TIGHT AGAIN LOOK AT IT GO!!

 

[SuddenDeath]

FTSE mid june highs 5623 acted as some support recent 4 days

 

[SuddenDeath]

just taken a loss, bought @ 5655
s/l hit @ 5648 back on that PP

that's me done for the day now, still managed a few nice wins this morning so that loss didn't really hurt too much but not gonna trade again today now.

Might have a little look at 19.00 see what FOMC says but until then

TTFN

Happy trading gentlemen

ARGH! FOOKIN S/L TOO TIGHT AGAIN LOOK AT IT GO!!

cya tomorrow Soloquan

 

[Soloquan]

btw SD how did you get those numbers as Pivot Points?

The daily PP was 5648

 

[SuddenDeath]

btw SD how did you get those numbers as Pivot Points?

The daily PP was 5648

its just like using the 3day ma and adding 5pts for buy and deducting 5pts for sell.

i use them but dont make many pips from them

 

[Dick Lexic]

july10 @ 16:00 4 hr chart the market seems to be taking support from the close of this down bar

 

[SuddenDeath]

july10 @ 16:00 4 hr chart the market seems to be taking support from the close of this down bar

cheers Dick Lexic, i know my pivots are not that good

 

[Dick Lexic]

nothing against your pivots sd ...just noticed this bar closed at 36

 

[SuddenDeath]

Dow not bullish as i expected/

 

[SuddenDeath]

nothing against your pivots sd ...just noticed this bar closed at 36

i dont even like my pivots they have not made me huge pips

 

[Dick Lexic]

http://www.getfreeebooks.com/wp-content/uploads/Hidden_Divergence.pdf

some reading on divergence

 

[SuddenDeath]

http://www.getfreeebooks.com/wp-content/uploads/Hidden_Divergence.pdf

some reading on divergence

thanks Dick Lexic, that looks interesting

 

[Dick Lexic]

ftse just seems to be marking time ...waiting for something to happen

 

[SuddenDeath]

BARC underperforming other banks today, an ominous sign 164.25 @ 16.06