Anyone scalping the FTSE Futures??

Artycharty said:
The upmoves seem to happen on low volume quiet periods..??
Am i right about that.?
Click to expand...
The upmoves start when the East coast yanks wake up - like now.
Then some idiots sell during when the markets are officially open and the institutions buy everything into the close.
 
I been reading Money and Power. Basically anything the banks say you want to be doing the opposite of bit like the old adage do the opposite of retail. But in this market has not worked -its a melt up caused by the FED and is the last innings before taper and rate rise in 22/23. Don't fight the FED
 
0FXTrader0 said:
I been reading Money and Power. Basically anything the banks say you want to be doing the opposite of bit like the old adage do the opposite of retail. But in this market has not worked -its a melt up caused by the FED and is the last innings before taper and rate rise in 22/23. Don't fight the FED
Click to expand...
Absolutely.
I was saying this to someone a while ago now (we were at about 3k on teh ES and everyone was screaming '4k next!!' and as a result someone was saying to me 'the crowd are always wrong! Everyone thinks up which means we're going down now')

That used to work. The 'crowd' were a great contrarian indicator. But more often than not, it seems the opposite is true nowadays. Everyone on twitter has been right for a long time now! They expect higher, and it goes higher

And as you say, it's likely to do with the Fed. This is a managed market nowadays. I think I read that they've injected more money in the last 5 months than the decade prior!

edit chart:
1618228519180.png


Very glad I gave up on shorts a number of years ago now! Buy dips. Buy breakouts. Expect 50k dow next, then 100k lol (with possible dips along the way)
 
Last edited:
postman said:
The upmoves start when the East coast yanks wake up - like now.
Then some idiots sell during when the markets are officially open and the institutions buy everything into the close.
Click to expand...
Ok
Upmoves at the open...Then a rethink
Low volume upmoves.Dont think its institutions.....More like "long only" funds like Archegos ramping it up.....Could be wrong
 
Thinkin there are more like Archegos/Long only,playing the HIGH GROWTH stocks.Low volume...bigger price moves
 
Last edited:
You must log in or register to reply here.

Similar threads

O
Futures scalping
Replies
10
Views
4K
neil
neil
O
Scalping
Replies
7
Views
4K
roberk
R
D
Pivot Point Scalping on the ES
Replies
7
Views
7K
dancorcal
D
nutella
Scalping Futures
Replies
5
Views
11K
Alexander Fleming
A
S
Scalping the Dow
2 3 4
Replies
67
Views
20K
Dave1971
D
Back
Top