Anyone scalping the FTSE Futures??

[Dick Lexic]

morning Dick Lexic

inside day , u mean friday?

morning sd....inside week last week not inside day

 

[SuddenDeath]

morning sd....inside week last week not inside day

ok, retracing the qe3 breakout, "sell the news"

 

[Dick Lexic]

ok, retracing the qe3 breakout, "sell the news"

chart

 

[SuddenDeath]

chart

how u going to trade it?

 

[SuddenDeath]

5815 is support derived from sp500 futures

and strangely also the current low as of 8:24am

 

[Dick Lexic]

how u going to trade it?

the standard way is to trade the low/high ...this morning low of 807 was good buy maybe break of this would confirm downside ....lot's of way to use it ....it has a big range 99points so could wait a while for h/l to come into play again....i didn't trade it this morning still asleep ....i also look at divergence at h/l ...piv point and on and on....

 

[hereward the wake]

I'm long on the dax if it gets near the 21 day ema

4 hour chart

 

[SuddenDeath]

the standard way is to trade the low/high ...this morning low of 807 was good buy maybe break of this would confirm downside ....lot's of way to use it ....it has a big range 99points so could wait a while for h/l to come into play again....i didn't trade it this morning still asleep ....i also look at divergence at h/l ...piv point and on and on....

5815 is the support derived from using the sp500 fut methodology i outlined on friday, FTSE current low 30mins into trading is 5813

 

[Dick Lexic]

big volume last week

 

[SuddenDeath]

big volume last week

quad witching, + market making 12year highs (nasdaq) and 5 years highs for dow

 

[Dick Lexic]

could be them pesky pros

 

[SuddenDeath]

could be them pesky pros

dow did not back away once it made those highs,

 

[jungerns]

HTW

@DaxSignale on Twitter may be of interest. Brother swears by them with pretty consistent results.
May be worth a look.

 

[Dick Lexic]

5815 is the support derived from using the sp500 fut methodology i outlined on friday, FTSE current low 30mins into trading is 5813

:smart:

i need to practice that

 

[jungerns]

FTSE Shorted 5841 Wide Stop............

 

[SuddenDeath]

@QuantEdges
Assessing Market Action with Indicators and History

 

[SuddenDeath]

I would short FTSE if it went down 10pts from its 9am close.

 

[jungerns]

I would short FTSE if it went down 10pts from its 9am close.

It bounced down to 5833 but I let it go and edged back up a tadge now.....

 

[SuddenDeath]

some data came out, spiked it down, good call jungerns, u front run the data release

 

[SuddenDeath]

FTSE pivots monday

Buy 5836
Sell 5832

Dow pivots monday

13584
13579