Anyone scalping the FTSE Futures??

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Old May 28, 2013, 6:17pm   #23551
 
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Re: Anyone scalping the FTSE Futures??

if above 1685.5 then we go to 1696.8 /1691.8

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Old May 28, 2013, 6:42pm   #23552
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Re: Anyone scalping the FTSE Futures??

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Yes, but do they 'Beat the index' ?
Most fund managers don't !
they can beat the big drum for all i care....my experience with u/l funds etc is all charges no profits...
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Old May 28, 2013, 6:42pm   #23553
 
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Re: Anyone scalping the FTSE Futures??

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if above 1685.5 then we go to 1696.8 /1691.8

He didn't sound too confident....
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Old May 28, 2013, 6:43pm   #23554
 
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Re: Anyone scalping the FTSE Futures??

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My 'opinion' - and treat it as such. Is that the dow will close around 15500 today (maybe higher) so it can easily take 15540 tomorrow.
But hey these yanks are mad, we could break 15540 today.
There is still no real selling going on, just token upward resistance.
You should be aware - my opinions are like my underwear - I change them every day and the later it gets the sh!tt!er they are....
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Thanks! The following members like this post: Lee Shepherd
Old May 28, 2013, 6:45pm   #23555
 
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Re: Anyone scalping the FTSE Futures??

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easy short on the dow 15,504
posted the above almost 3 1/2 hours ago, dow is 124 pts below that now

Last edited by SuddenDeath; May 28, 2013 at 7:16pm.
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Old May 28, 2013, 6:46pm   #23556
 
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Re: Anyone scalping the FTSE Futures??

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You should be aware - my opinions are like my underwear - I change them every day and the later it gets the sh!tt!er they are....
postman I find your market observations are very good, no one is ever gonna be 100%, but anything above 60% is very good
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Old May 28, 2013, 7:06pm   #23557
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Re: Anyone scalping the FTSE Futures??

that's a fair old push lower.....we got the 4 leg but it needs to stop and reverse soon otherwise it's mince .....waffle targ needs a close above 6750 tonight imo


london close was 6774
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Old May 28, 2013, 7:17pm   #23558
 
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Re: Anyone scalping the FTSE Futures??

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that's a fair old push lower.....we got the 4 leg but it needs to stop and reverse soon otherwise it's mince .....waffle targ needs a close above 6750 tonight imo


london close was 6774
dick stops drove it up and nothing to keep it up there so it fell, but has put in a nice weekly buy trigger, +218 will do that

got the FTSE about minus 50 from 4.36pm close 6724
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Old May 28, 2013, 7:27pm   #23559
 
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Re: Anyone scalping the FTSE Futures??

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Correct me if I'm wrong, (after all that's what the internet is for), but if you shorted the Dow any time between 11am YESTERDAY morning and now, you never made more than 25 points. On an upward move of 190 points. That's a pretty poor risk / reward ratio in my book.

.
And the same thing is happening on the way down - only 26 points is the max (less your dealing costs).

Opinion warning! If the Dow doesn't break over 15410 this is going to fade all the way to 15300 (and still be in a daily upward channel).
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Old May 28, 2013, 7:36pm   #23560
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Re: Anyone scalping the FTSE Futures??

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dick stops drove it up and nothing to keep it up there so it fell, but has put in a nice weekly buy trigger, +218 will do that

got the FTSE about minus 50 from 4.36pm close 6724
so you got + 218 upside targ?
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Old May 28, 2013, 7:45pm   #23561
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Re: Anyone scalping the FTSE Futures??

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You should be aware - my opinions are like my underwear - I change them every day and the later it gets the sh!tt!er they are....
well that'll turn the girls on p
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Old May 28, 2013, 7:55pm   #23562
 
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Re: Anyone scalping the FTSE Futures??

email subscribe to my topstep opening print

https://www.mr-topstep.com/index.php...-opening-print
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Old May 28, 2013, 7:57pm   #23563
 
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Re: Anyone scalping the FTSE Futures??

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so you got + 218 upside targ?
no Dick Lexic.

I am saying the Dow was on a single day able to climb 218pts, this turns the index bullish, since we got within 25pts of multi year highs, i also said it was done by triggering stops on shorts, but think tomorrow we get some backing and filling due to todays opening gap, but it creates a bullish setup for the rest of the shortened week
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Old May 28, 2013, 8:06pm   #23564
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Re: Anyone scalping the FTSE Futures??

wonder if they'll do the indian rope trick again after the bell
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Old May 28, 2013, 8:31pm   #23565
 
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Re: Anyone scalping the FTSE Futures??

OK Sherpa Tenzing - set up base camp at 15400 for the assault on the Dow tomorrow.
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