Anyone scalping the FTSE Futures??

[SuddenDeath]

US data just out

 

[SuddenDeath]

EURUSD plunging and taking ftse with it

 

[SuddenDeath]

how is everyone's trading going?

 

[ordinaryguy76]

had 7537 on DAX marked as short entry for 10 point scalp, but missed it (fib 61.8% 7554 - 7509). Now waiting for EOD in Europe.

 

[SuddenDeath]

had 7537 on DAX marked as short entry for 10 point scalp, but missed it (fib 61.8% 7554 - 7509). Now waiting for EOD in Europe.

looks like a great level.

 

[zorbas]

Hi chaps

Indeed, amazing levels for shorting the EU indices.

Timing is very important though. You never know.

 

[zorbas]

It seems also that they are de-synchronized with the US indices.

It may be a very good play for pair trades :Short EU and long US.

Anybody has an opinion on such a strategy ?

 

[SuddenDeath]

It seems also that they are de-synchronized with the US indices.

It may be a very good play for pair trades :Short EU and long US.

Anybody has an opinion on such a strategy ?

hi zorbas, the out performance by for example UK has been running for a while.

dow is down 600pts from recent highs while FTSE is within 15pts.

how will US behave once they know which way the fiscal cliff is resolved, higher taxes on dividends. tough to call

 

[SuddenDeath]

Closing Print 12.5.2012

Closing Print 12.5.2012 - YouTube

 

[SuddenDeath]

Dow closing on the 50% retracement fib.

High is 13,076.8 (13,077 is 50% fib)

 

[bustech]

Morning All
BHP +0.84%
RIO +0.46%

All Asian markets up.

 

[SuddenDeath]

morning bustech, looks like another low range day

dollar index above 50% fib 80.12 so should apply some pressure on indices

 

[SuddenDeath]

#956 Watch for Turnaround Friday in US Indices - YouTube

 

[SuddenDeath]

EURUSD sharp plunge to 1.2935

notice that overnight FTSE had resistance at 5914

 

[bustech]

EURUSD sharp plunge to 1.2935

notice that overnight FTSE had resistance at 5914

Morning SD

Big down moves down in the Euro in the last 36 hours.
Indices held up well.

This story breaking may be adding to the current down move.

Bundesbank cuts German 2012 GDP forecast to 0.7% from 1%, cuts 2013 forecast to 0.4% from 1.6%.

Deutsche Bundesbank - Press releases - New Bundesbank projection: temporary economic slowdown

 

[Dick Lexic]

Not much change in this today ...ftse dropped 4 dow dropped 1 added 1

ftse
pos 79
neg 21

dow
pos18
neg12

quite a show from the bulls yesterday but nasdaq seems to be bucking the trend

Think the bulls just pipped it yesterday but the ftse dropped another 5 to the bears....

74 pos
26 neg

dow unchanged..... key level 13052 I think....nasdaq made up some ground as well

18 pos
12 neg

think everyone is waiting for mr tumble

 

[SuddenDeath]

Think the bulls just pipped it yesterday but the ftse dropped another 5 to the bears....

74 pos
26 neg

dow unchanged..... key level 13052 I think....nasdaq made up some ground as well

18 pos
12 neg

think everyone is waiting for mr tumble

thanks Dick Lexic.

 

[SuddenDeath]

FTSE low currently 5899, with low range 5875 looks possible.

 

[Dick Lexic]

Hi all,,, heres an update of the chart I posted last week... we keep expecting a DAX turn .. but it keeps going higher... but notice how it is just hugging the line I showed last week,,, time cycles due this week... so am expecting the turn soon

i think a few cycle traders have noted now/early next week for a turn...

 

[SuddenDeath]

wonder if the secret committee has had a meeting and agreed that Dow will end 2012 at 13,000, and FTSE will finish 2012 at 5900