Anyone scalping the FTSE Futures??

[Splitlink]

inverted H&S?

No, today's low of about 5625 ; left shoulder high 5652; head 5658; neck line 5637.

 

[hereward the wake]

Love to see how this pans out but got to be in Plymouth soon... back later

 

[Splitlink]

Fake out.... this sucker will rally

I am inclined to agree but, perhaps, not for long. Possibly give an opportunity to take profit and sell back in later.

 

[SuddenDeath]

JPM restatement and saying losses will not exceed billion should boost JPM?

 

[SuddenDeath]

I am inclined to agree but, perhaps, not for long. Possibly give an opportunity to take profit and sell back in later.

afternoon

yesterday RIO was down 4.8% and pushed FTSE to its low of 5589, can we hit that low with RIO +1.5%?

 

[Soloquan]

break of 5639 and i'm short

out @ 5630

 

[Soloquan]

I am inclined to agree but, perhaps, not for long. Possibly give an opportunity to take profit and sell back in later.

my thoughts exactly, out for now but probably back in again v.soon

 

[Soloquan]

daily PP here @ 5628, watching now for a bounce / break of this

 

[Soloquan]

just had a notification come through on my phone from Bloomberg saying "London whale losses will total $5.8b this year"

WTF is a Whale loss?

 

[samirs]

Congratulations, you win a night of passion for two. Don't forget to bring your snorkel... you're gonna need it

what a great 10000th post 😎

 

[SuddenDeath]

daily PP here @ 5628, watching now for a bounce / break of this

got us data ppi at 13.30

 

[SuddenDeath]

just had a notification come through on my phone from Bloomberg saying "London whale losses will total $5.8b this year"

WTF is a Whale loss?

whale is the large london JPM trade that cost JPM $2bill in losses and has hammered the JPM stock

 

[Soloquan]

got us data ppi at 13.30

I more waiting for UMich now I think, you still think the ppi data could move things still though?

 

[Soloquan]

whale is the large london JPM trade that cost JPM $2bill in losses and has hammered the JPM stock

J.P. Morgan Second-Quarter Profit Falls 8.7%; 'Whale' Losses $4.4 Billion - WSJ.com

Ah get you, cheers 🙂

 

[SuddenDeath]

I more waiting for UMich now I think, you still think the ppi data could move things still though?

i go by the traffic light system on forexfactory.com, and 1.30ppi has red light, very important

http://www.forexfactory.com/

 

[Splitlink]

afternoon

yesterday RIO was down 4.8% and pushed FTSE to its low of 5589, can we hit that low with RIO +1.5%?

I know that you set store by what the higher capitalised companies in the index do, SD, but I do not think that can be forecasted. Anything might happen this afternoon. A whole sector, like banking, might tank.

I thought that there might be a H&S, just now, but that possibility seems to be passing.

I have been in UStech, this morning, because I thought that US might go down. It, still, might, but a 3 point OOH risk on spread did not pay off for me. I might as well have waited for the afternoon.

 

[Soloquan]

i go by the traffic light system on forexfactory.com, and 1.30ppi has red light, very important

Forex Factory

😆 it's a yellow medium on mine @ dailyFX economic calendar

 

[SuddenDeath]

😆 it's a yellow medium on mine @ dailyFX economic calendar

yellow light and red light, this may cause a collision

 

[Soloquan]

yellow light and red light, this may cause a collision

looks as though the traffic has slowed anyway

UMich @ 14.55pm might have car crash written all over it

 

[SuddenDeath]

looks as though the traffic has slowed anyway

UMich @ 14.55pm might have car crash written all over it

not much action from ppi

JPM report will it send JPM higher, should help sentiment in financials?