Anyone scalping the FTSE Futures??

could it be abc of 4 on 4hr?

I don't use abc. I use the Fibonacci to distinguish between Wave 2 (61% + pullback) and Wave 4, (23-38% pullback) and deduce the Elliot wave from that. The Wave 4s will be a zig-zag in Wave 3 until you get to the Elliot wave at the highest timeframe it can be observed - that is, it won't be observable on the timeframe above the last one on which it can be observed.

After 4hr I have Day timeframe (*6 4hr). There is no Elliot wave at that timeframe beginning 11/09/12 as it is all one bull run. Perhaps it can still be observed on 8hr timeframe but I don't have that.

I think this would have to be 4hr Wave 1 or Wave 3 (on my count Wave 4 corrections can be Wave 1s of the reverse).

Sometimes my Wave 1s pull back 61% or more twice, which may be where your abc comes from.
 
gotta go out so making do with what's here

closed ftse 5900 = +5x2 = 10 dow -1 = net +9
 
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