Anyone scalping the FTSE Futures??

:idea: Gary Smiths trading book
On the DOW close strong into the last hour close(after weak couple of days and then doing nothing all day apart from the last hour) and then follow with more upside next day, except HK in this case.

bustech, take a look at the volume for that index on 18th oct[/QUOTE]

Dick, gave up volume 4 years ago, went from DMA to SB.
Only take notice when someone in the media mentions volume, like on the ASX today.
My understanding is down day on big volume, is the time to look for longs, OMO
Goodnight again.
 
:idea: Gary Smiths trading book
On the DOW close strong into the last hour close(after weak couple of days and then doing nothing all day apart from the last hour) and then follow with more upside next day, except HK in this case.

bustech, take a look at the volume for that index on 18th oct

you might remember i commented about that before

they show how these trainees are doing, Trading Academy | City Index

the stake is limited ot £3/point so £300 = 100pts thats great

if the total given to these trainees was a fund they would be disastrous
 

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bustech, take a look at the volume for that index on 18th oct

Dick, gave up volume 4 years ago, went from DMA to SB.
Only take notice when someone in the media mentions volume, like on the ASX today.
My understanding is down day on big volume, is the time to look for longs, OMO
Goodnight again.[/QUOTE]

goodnight bus
 

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sd, i had a look over at the ftse daytraders site ...interesting video by cityindex trading academy...i think one of them claimed he makes two/three hundred pound a day on ftse ...looking forward to next episode :)

I subscribed about a week ago! Thought I'd give it a month
 
what about sp500 cash fib level 5888 (23.6%)

exxon reported good results apparently and this is boosting oil stocks.

strong banks are good "risk on indicator"

sp 5888?

i switched on my prorealtime s&r lines ...similar to ftse day trader ...i haven't used these for a while but his trade yesterday was a peach so i'll keep them on for a while

4hr chart 12:35
 

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sp 5888?

i switched on my prorealtime s&r lines ...similar to ftse day trader ...i haven't used these for a while but his trade yesterday was a peach so i'll keep them on for a while

4hr chart 12:35

SP500 retracing 23.6% of the move down from oct highs
 
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