Anyone scalping the FTSE Futures??

FTSE and Cac shorts of yesterday very close now being being back to even, after small additional positions added early today.........

Gnats breath to going onside.........If they do and I can gets stops up to even, I will.
 
is the aussie rate cut a surprise? think the ausie yield curve has been signalling lower rates for months

Were forecasting 2 cuts by year end.
Getting the months right was the hard bit.
RBA your typical central bank that talks in riddles on time frames that no one understands.
 
@ Bustech

@JamieSaettele
this is a sad looking bounce in $AUDUSD - shorting at market stop 10405 target 9980

You need 18 hours after bad news/rate cut etc. Then had a full Asian,Euro,UK and USA session to get rid of the selling.
Stops @ 1.024 on IC markets they use ECN.
 
Morning All
BHP -0.60%
RIO - Flat
Hong Kong back on line and flat , ASX flat and Japan down.
No real lead, but markets have a slight negative feel.
AUD stops taken out @1.024, currently long but need some upside from FTSE and DAX.
 
Morning All
BHP -0.60%
RIO - Flat
Hong Kong back on line and flat , ASX flat and Japan down.
No real lead, but markets have a slight negative feel.
AUD stops taken out @1.024, currently long but need some upside from FTSE and DAX.

Good Morning Bustech Morning all

Still holding Ftse and Cac Shorts in offside Positions of Monday........
 
Todays inflection points:

09:30 GMT UK Services PMI: exp 53.1

10:00 GMT EU Retail Sales m/m: exp -0.1%

13:15 GMT US ADP Non-Farm Employment Change: exp 145K

15:00 GMT US ISM Non-Manufacturing PMI: exp 53.2

15:30 GMT US Crude Oil Inventories: exp 1.6M
 
Off Topic but Richard Branson succeeds again..........

Rail Franchise he was challenging in High Court has been overturned. He who shouts loudest........

Significant flaws in Process unveiled
 
The view from Captain Pickard

EUROPEAN OUTLOOK

07.37

Among more rational observers, the consensus appears to be that the stock markets are waiting for some evidence of progress from Spain. The Spanish government is expected to request formal assistance from Europe in the very near future, which is seen as a necessary development towards assuaging the crisis there and in the Eurozone more generally. Once this happens, investors will be able to focus once more upon the central banks’ latest initiatives, which have the potential to drive risky assets significantly higher, in my view.

The current pause in European stocks is nothing out of the ordinary. At its recent lows, the DAX was just 3.5% off its highs. And, the current correction is now only 7 sessions old. Late August’s pause lasted 11 sessions, as did February’s.


Interestingly 11 trading days are a Gann number... Htw
 
Morning All,

SD where do you watch the Dollar ?

morning zorbas,

Dollar index is from IG index "us dollar basket"

also u can see dollar strength in dollar fx crosses, and in the prices of the US yield curve.

GBPUSD/EURUSD/AUDUSD all lower meaning dollar is strong
 
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mornin' all

ftse opened -6 weak vs dow and is exaggerating all downward moves atm - looks keener to go south than north
 
“Jason (Goepfert) does an incredible job with this type of work.

It’s pretty interesting because generally the commercials tend to get it right. They have a pretty good track record. It’s certainly pause for concern. So far the bits of bad pre-announcements we’ve had hasn’t mattered that much. But you have to see if the other major indicators are lined up in a bearish fashion.

Maybe this will be one of those deals where the stock market acts like it’s bullet-proof, but then one week it won’t be and stocks will get the daylights beat out of them. It’s very interesting that these guys are as short as they are. Maybe we are staring at another nasty October.”

My Blog
 
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