SuddenDeath
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the futures dont seem to want to hit the 5700 offer
SuddenDeath
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Barjon could that be faded into? so reduce the spread basis?
barjon
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how do you mean, sd?
SuddenDeath
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instead of hitting buy sell leave orders above the place to go long and below the place to go short
if that makes any sense
or go long FTSE and place an order to short below dow say 5pts
or leave order to go long ftse at spot +4
and an order to short dow spot minus 8
market goes up u are long ftse with a un worked order on dow which u could cancel or move up behind where do followed. or take profits on ftse and cancel the dow sell stop
SuddenDeath
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the imprtance of FTSE 5720 is that if u look at Dow daily check the 13078 level, thats a big number and area of supply/
13078 = 5720 (2.286 ratio)
13078 = 5720 (2.286 ratio)
SuddenDeath
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oh, see what you mean - sort of add a directional trade on one side - could do I suppose but you'd need to get it right
SuddenDeath
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looks like FTSE wants 5755 current high 5735 @ 10:37
or could be famous last words
1 hour 22misn to boe, someone on bloom said 85% they will do something "extra"
or could be famous last words
1 hour 22misn to boe, someone on bloom said 85% they will do something "extra"
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SuddenDeath
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FTSE hourly chart from 18 july to now, it looks like a cup and handle
SuddenDeath
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before we hit 5755 and before we see what BoE/ECB have done?
I'm totally confused here Barjon. According to the charts I should be, like you say, short ftse long dow. But looking individually at the charts and with all the economic data out this morning I want to be long ftse and short dow.
No it isn't. It's a signal to be long!
Everything that I have is pointing to up, today. The 30M has three green bars and is into new highs over a month.
No shopping this morning, mate.
I go back to my old belief, though. You can't tell from one hour to the next in this business.
SuddenDeath
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FTSE 5747 @ 11.03 is oversold
Hope you are right. I'm up 20 and am thinking of the lunch period, ---boredom until spikes and all that stuff come along.
I expect that I will end up being sorry for holding.
SuddenDeath
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12pm we get BoE bloom said 85% something will happen then we got big data in US
Soloquan
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And 12.45 ECB Int. Rates
barjon
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Soloquan
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No it isn't. It's a signal to be long!
Everything that I have is pointing to up, today. The 30M has three green bars and is into new highs over a month.
No shopping this morning, mate.
I go back to my old belief, though. You can't tell from one hour to the next in this business.
I've taken the spread trade and gone short/long against what I perceived to be a directional trade this morning. This is the very reason I want to move away from directional trading so I don't have to go shopping anymore, I can't afford it
