Anyone scalping the FTSE Futures??

Still snatching at small profits. 15 points profit after being 40 down is not ideal. The spreadbet companies say this is why most clients lose.

Ian

This is partially true but always remember that any profit is a good profit so never beat yourself up over that............(y)
 
US earnings kick off today.
Alcoa reports after the bell.
JP Morgan and Wells Fargo on Tuesday
 
The 4 hourly chart seemed to be showing resistance at 5850 but spiked after non-farms. I intended to cover but did'nt so I missed the chance to bank maybe 25 points on the hedge.

Ian

i find the hourly charts very easy to trade.

Dollar index still grinding higher,
 
draw a line at 1460 on your monthly charts year 2007...this is a big area for the s&P...cash

you might even want to call it the 2007 pivot:)
 
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****************** Welcome Back Dick************************
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yes i had my first stab at hk over the week end and had it as bullish... i wonder is it leading or lagging?
 
I have some interesting figures I would like to share. Let see if it is readable
260 Business days and 363 Calender Days. They are high / lows from 2007

10/30/2007 31,958.41
260.00 363.00 (21,282.12)
10/27/2008 10,676.29
278.00 387.00 12,423.28
532.00 11/18/2009 742.00 23,099.57
254.00 355.00 Distribution
11/8/2010 24,988.57
237.00 330.00 (8,818.22)
10/4/2011 16,170.35
264.00 367.00 4,850.89
10/5/2012 21,021.24
 

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