Anyone scalping the FTSE Futures??

[Dick Lexic]

This looks so much like a HS surely this is going to c5715 again.

et, it's hugging top of downward channel 4hr ...wouldn't take much to pop through
bit of a sqeeze 30/20ish....still might support at720?

 

[SuddenDeath]

The New York Times' Michael Barbaro reports that legendary hedge fund manager Julian Robertson asked Mitt Romney to be the chief executive of Tiger Management after his failed bid to secure the Republican presidential nomination back in 2008.
Robertson offered Romney an annual salary of $30 million plus profits from investment performance, the report said citing anonymous sources familiar with the matter.


Read more: Julian Robertson Mitt Romney Tiger Management - Business Insider

 

[SuddenDeath]

et, it's hugging top of downward channel 4hr ...wouldn't take much to pop through
bit of a sqeeze 30/20ish....still might support at720?

Dick Lexic, cash is futures +7, so the numbers to look for on ftse cash are round number +7

5727
5705

etc. etc.

 

[SuddenDeath]

@MBForex
Fed's Lockhart on CNBC: QE3 close call at this point- If economy sees further deterioration in growth, there is an argument for more easing

 

[et.]

et, it's hugging top of downward channel 4hr ...wouldn't take much to pop through
bit of a sqeeze 30/20ish....still might support at720?

Thanks. My 4hr chart doesn't have a channel right there so I can't replicate what you're doing but what you say is interesting.

My original strategy said it's going up - I have retest of range we broke out of yesterday 5759 - but after being wrong yesterday I was second guessing with the HS that I was wrong again.

Second guessing that the 4hr bullish candle was not on a S/R level when I'm pretty sure that area of volatility around 2/8/12 means it is.

If it goes down, well, I have another Fibonacci strategy which I started this week, which is pretty good. That told me 2hr chart 5738 would be the resistance area.

 

[SuddenDeath]

SPY implying huge pain for US indices down 0.5%

 

[Dick Lexic]

Thanks. My 4hr chart doesn't have a channel right there so I can't replicate what you're doing but what you say is interesting.

My original strategy said it's going up - I have retest of range we broke out of yesterday 5759 - but after being wrong yesterday I was second guessing with the HS that I was wrong again.

Second guessing that the 4hr bullish candle was not on a S/R level when I'm pretty sure that area of volatility around 2/8/12 means it is.

If it goes down, well, I have another Fibonacci strategy which I started this week, which is pretty good. That told me 2hr chart 5738 would be the resistance area.

et this is what i'm looking at ....i know it could be drawn slightly different but this is my original line

 

[SuddenDeath]

BLT down 3% RIO down 2.6%

 

[Dick Lexic]

go go go!!!!!

 

[SuddenDeath]

SPY implying huge pain for US indices down 0.5%

posted the above at 1.52pm today

GDOW down big, technical weakness in markets,

Dow sell pivot was 13,111, market was a short unless it got above that point

 

[SuddenDeath]

go go go!!!!!

5629 on ftse 38.2% fib

5635 (close prices)

bye bye 13,000

 

[Dick Lexic]

s&P at 1400 we could expect support here....ftse720

 

[begeegs]

Wow! Impressive - The NASDAQ and FTSE have absolutely tanked.

 

[Splitlink]

Impressive?

I've just got out with 10 point profit on a trade that I have been nursing for bloody hours!

I'm going to get away from this for a cuppa.

 

[jungerns]

Wow! Impressive - The NASDAQ and FTSE have absolutely tanked.

Tanked.....??
FTSE is down 18.8 as I type.....??

 

[begeegs]

Tanked.....??
FTSE is down 18.8 as I type.....??

Sorry - I meant in the past 20 mins. Been watching on the 5 min charts.

 

[hereward the wake]

Who's for a bounce on 5707

 

[Splitlink]

Sorry - I meant in the past 20 mins. Been watching on the 5 min charts.

Hey begeegs, don't mind me! I've had a lousy morning.

 

[SuddenDeath]

Who's for a bounce on 5707

good choice of level htw, if i may say so

 

[Splitlink]

I've just had an expensive cup of tea.