Anyone scalping the FTSE Futures??

[SuddenDeath]

the sell pivot twice acted as support

 

[hereward the wake]

I might have a try at the ol 'Barjon' next week I think. Scared to pull the trigger today I am. Was looking at a short from below 5642 but now I've bottled it again.

I'm all over the place with these pps where do you get your data?

 

[Soloquan]

I'm all over the place with these pps where do you get your data?

IG Index autochart. They take the close price as close of ftse100 17.00pm. That might be why we're out by about 20 points.

I shouldn't worry about it too much, I'm still of the belief you can trade by throwing a random line on a chart somewhere and just trade the break of that. It's all in the head 🙂

 

[bustech]

Euro dollar seems to be holding FTSE and DAX back.

 

[SuddenDeath]

IG Index autochart. They take the close price as close of ftse100 17.00pm. That might be why we're out by about 20 points.

I shouldn't worry about it too much, I'm still of the belief you can trade by throwing a random line on a chart somewhere and just trade the break of that. It's all in the head 🙂

i agree 100% its just a line to trade around

 

[Soloquan]

👍

i agree 100% its just a line to trade around

 

[SuddenDeath]

Euro dollar seems to be holding FTSE and DAX back.

this is good article about dollar/indice relationship

http://www.traderplanet.com/article...ate_stock_market_predictions_next_major_move/

 

[barjon]

yee haaa

nice one, sd 😀

 

[SuddenDeath]

nice one, sd 😀

thanks barjon

your 10am reversal saw ftse climb sharply

 

[hereward the wake]

👍

Might just do that!

 

[Soloquan]

Might just do that!

Seriously I tried it for a week on Cable, just a demo account of course. I didn't achieve any worse results trading like that for a week than I did using set S/R lines. As long as you have good MM and a sound trading psychology it works just as well.

Obviously a week isn't anywhere near a long enough sample but the principle is there.

 

[SuddenDeath]

FTSE has managed to bounce 61pts from yesterdays low 5589

 

[SuddenDeath]

anyone know what are the important pivot points for the dow today?

 

[Soloquan]

anyone know what are the important pivot points for the dow today?

12621 is a key point, beyond that not much stopping it until 12642

 

[hereward the wake]

anyone know what are the important pivot points for the dow today?

Lets see if I got this right:

pp 12563 r1 12636 r2 12700 s1 12500 s2 12426

 

[Soloquan]

Lets see if I got this right:

pp 12563 r1 12636 r2 12700 s1 12500 s2 12426

Wow, I'm only about 5 points out with that one 😆

 

[SuddenDeath]

FTSE 5644 = futures level of 5600

 

[SuddenDeath]

thanks htw and Soloquan

 

[Soloquan]

😴

 

[SuddenDeath]

FTSE half hour spent in 3pt range,

spoke too soon

FSE ar highs of day excellent