Anyone scalping the FTSE Futures??

[SuddenDeath]

sd, your rio certainly has some pulling power

RIO is the canary in the coalmine for the china slowdown. its a red flashing warning light.

 

[Soloquan]

it's beginning to look as if ftse thinks so - but it won't be a pair play

Really? I've done well today 👍 but was going to have one more shot at the 3pm reversal

 

[SuddenDeath]

sd, your rio certainly has some pulling power

Dick I get a heads up from how rio traded in the australian market from bustech, who is in australia

 

[Soloquan]

Really? I've done well today 👍 but was going to have one more shot at the 3pm reversal

Nah bottled it a -5 points. See what you mean

 

[Dick Lexic]

Dick I get a heads up from how rio traded in the australian market from bustech, who is in australia

i like to look at divergence but usually only with indicators....never thought to use a big heavyweight stock but rio seem to work well👍

 

[SuddenDeath]

i like to look at divergence but usually only with indicators....never thought to use a big heavyweight stock but rio seem to work well👍

when rio broken down on 3rd may, it gave a huge bearish signal for ftse, which fell about 550pts, and dax dropped about 1200pts

 

[SuddenDeath]

i like to look at divergence but usually only with indicators....never thought to use a big heavyweight stock but rio seem to work well👍

its similiar to how "dow theory" uses the transport sector as leading/confirming indicator for a bull move.

 

[Soloquan]

Right, off to watch England throw away their 'greatest test match team in the world' status 😀

Catch you all tomorrow

 

[SuddenDeath]

Right, off to watch England throw away their 'greatest test match team in the world' status 😀

Catch you all tomorrow

cya Soloquan

 

[Dick Lexic]

when rio broken down on 3rd may, it gave a huge bearish signal for ftse, which fell about 550pts, and dax dropped about 1200pts

yes divergence there as well ...rio has been diverging since around the10th so has given early warning......

 

[SuddenDeath]

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[SuddenDeath]

FTSE triggers for tuesday

Buy 5643
Sell 5633

FTSE close = Dow 12,680

 

[bustech]

Trader meeting is out, anton kreil (registration required.)

Anton Kreil - 20 Jul 2012 18:00 GMT+1 // Institute of Trading and Portfolio Management

Watched a couple of the meeting talks.
They talk about a bottom in commodity prices in Q4.
No reason given.

 

[bustech]

One hour after the bell in New York.
And all futures are dropping again.

 

[bustech]

Reason
Moody's changes out look to negative for Germany, Netherlands, and Luxembourg.

 

[Dick Lexic]

i think it should pick up from here

some gurus have us on the slippery slope until oct/nov then of course the world ends in dec

what makes you think it will pick up from here samirs?

 

[bustech]

What no Sanata rally this year.🙁

 

[SuddenDeath]

morning bustech

morning everyone

bustech i discovered that HSBC trades in HK it can give us an indication of how it will open in london

 

[SuddenDeath]

Watched a couple of the meeting talks.
They talk about a bottom in commodity prices in Q4.
No reason given.

i usually watch the guy who talks about indices mcintosh and anton kreil on cyclicals and his summary.

i will watch this chap mention commodities

 

[bustech]

Morning SD

Very keen today,
Dont have Hong Kong Shares on my platform.
Hong Kong only just opened because of a typhoon
Severe typhoon hits Hong Kong, market delays opening | Reuters
BHP +1.28%
RIO +0.25%
Better China PMI
Asian markets well off the lows.