Anyone scalping the FTSE Futures??

This is a discussion on Anyone scalping the FTSE Futures?? within the Indices forums, part of the Markets category; Originally Posted by samirs yes...thats why it hints to the GDP numbers in us fx brokers the profitable clients are ...

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Old Jul 26, 2012, 7:10pm   #10991
 
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Re: Anyone scalping the FTSE Futures??

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yes...thats why it hints to the GDP numbers
in us fx brokers the profitable clients are about 25% to 31%

1 in 4 or 1 in 3 make money from spreadbetting
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Old Jul 26, 2012, 7:12pm   #10992
 
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Re: Anyone scalping the FTSE Futures??

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yes...thats why it hints to the GDP numbers
samirs there was a chap called Bill Mclaren he was a very good chartist and appeared on cnbc a lot of time, one day he spoke out about the corruption involved in the flash crash, and about 2 weeks later they stopped having him on CNBC after he had been doing it for 10years
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Old Jul 26, 2012, 7:19pm   #10993
 
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Re: Anyone scalping the FTSE Futures??

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be on alert...big move likely...
imagine where the retail stops are and thats where the market will go to.
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Old Jul 26, 2012, 7:25pm   #10994
 
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Re: Anyone scalping the FTSE Futures??

this is what bill mclaren said on cnbc and it ended his 10yrs of giving ta advice on cnbc.

I’ve been in this business 45 years and what occurred on the 6th was criminal behavior. Tens of thousands of traders and investors had their positions stolen from them with their use of protective stops. This was a failure of the exchange to keep an orderly market—that is their primary responsibility. It is not to facilitate program trading. But the rules of the exchange have been changed to facilitate program trading which now is the majority of trades on the exchange. In fact one firm controls 50% of the NYSE volume. These programs manipulate the markets for very short term profits and should never be allowed. It is now a week later and the exchange says they don’t know why the 1000 point decline occurred. I don’t believe it. There are two things that could cause that to occur, the first is it was orchestrated by a few members or it was a failure of the exchange “rules” governing program trading. Neither of which they would ever admit too. But their failure to keep an orderly market, while allowing program trading to dominate the market should have them legally responsible to all the investors who had their positions stolen from them especially if those positions were taken as principle by NYSE member firms. And on that happy note-have a great week end.
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Old Jul 26, 2012, 7:47pm   #10995
 
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Re: Anyone scalping the FTSE Futures??

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Dax pivots for thursday

Buy 6407
Sell 6397
posted this 6:37 this morning would have made u 190pts today. ooo rah
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Old Jul 26, 2012, 7:54pm   #10996
 
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Re: Anyone scalping the FTSE Futures??

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11000 posts

Click the image to open in full size.
i hate obama
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Old Jul 26, 2012, 8:06pm   #10997
 
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Re: Anyone scalping the FTSE Futures??

Q2 2012: profitability of forex traders keeps dropping, OANDA back on top | Forex Magnates
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