Anyone scalping the FTSE Futures??

great charts

Could be the GBP effect on the FTSE.
Now having a strong GBP/USD will make the FTSE underperform the DOW more.

Closing Indices Prices which am just Perusing Sunday are confusing the hell out of me...........

Only reiterate what I have said the last couple of weeks in that I'm a Short Seller 100%

Maybe the markets are Tired of Toein' the Line, I wish.

Am hoping that this will display properly what is below. I copied it from an Open Forum that one of my Trader Buddies from OZ contributes to but dont intend to make a habit of it........The Question had been put to him that how does he Consistently manage 100 Pips/Points a day week in week out and had come from a newcomer to Trading.........

Thought it may be of interest to some.....

"100 pips per day consistently is exceptional trading and comes from 25yrs plus of pain. This should not be your target. Aim for 10 pips consistently, once you can do that add positions and repeat.

My average trade depends on the timeframe I trade. Lately due to market conditions the 8 day holds are giving the best results opposed to 1 day hold and close.

Liquidity rate is something that changes constantly, hence the reason spread increase with lower liquidity around announcements. Stick to the majors.

Equities vs FX, in FX you are trading against the banks (big boys) be careful.

I strongly suggest learn higher Time Frame analysis and don’t get caught up in lower time frame scalping. Unless you want to be in the same pond as 95% of FX traders that die after a average loss of 14k."

I am leaning towards the higher time frames, myself, for no other reason that it is likely to be more peaceful than the smaller ones. I don't think that 95% of serious traders lose, though. That porcentage has been bandied about for decades and I believe that , in large part, serious traders are confused with gamblers who think that trading is a sure way to make money ---in addition to being a prestige way of saying that the money was earned-- if they have been successful-- not by gambling, but in the stock market.

The big money is not earned in trading the way we do. It is made by researching companies and, in the case of forex, countries. We, speculators, are merely trying to cash in on a decision to buy, or sell, a product that was decided in boardrooms at an earlier date.

Therefore , it stands to reason that the higher the TF, the better.

you are bear then samirs?

when then?