Anyone scalping the FTSE Futures??

This is a discussion on Anyone scalping the FTSE Futures?? within the Indices forums, part of the Markets category; I have a line in the sand at 5540...

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Old Dec 8, 2011, 2:51pm   #4001
 
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Re: Anyone scalping the FTSE Futures??

I have a line in the sand at 5540
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Old Dec 8, 2011, 3:06pm   #4002
 
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Re: Anyone scalping the FTSE Futures??

this is exactly the kind of algo activity that should be scrutinized by the authorities... scandalous..
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Old Dec 8, 2011, 3:16pm   #4003
 
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Re: Anyone scalping the FTSE Futures??

havnt had chance to read but Im guessing your all over this one
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Old Dec 8, 2011, 3:18pm   #4004
 
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Re: Anyone scalping the FTSE Futures??

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havnt had chance to read but Im guessing your all over this one
correct me if I am wrong please - but heading for 5444
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Old Dec 8, 2011, 3:23pm   #4005
 
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Re: Anyone scalping the FTSE Futures??

well if it looks like a top acts like top and smells like a top, its my guess that's what it is

I'll worry about why later

watch out for a back test
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Old Dec 8, 2011, 3:28pm   #4006
 
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Re: Anyone scalping the FTSE Futures??

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DC, if we are entering a SS month 9th Dec... Under the Taylor rules done we need to put in a higher high than we got in the Sell month?
yes but that needs to come after monday and my preference is thursday and a slow day friday
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Old Dec 8, 2011, 3:32pm   #4007
 
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Re: Anyone scalping the FTSE Futures??

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yes but that needs to come after monday and my preference is thursday and a slow day friday
do you think the 5444 today though?
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Old Dec 8, 2011, 3:36pm   #4008
 
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Re: Anyone scalping the FTSE Futures??

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DC.. apologies for stupid comment above... this only applies of course if we are in a uptrend.. if we are in a down trend then the Sell month should NOT make a high above the Buy month

I would have thought just short of 5700 should do it though?? (take out stops just above trend line..
that would be where I expect it although FTSE has yet to give target As it stands Im happy to play the uptrend even though last month when no upper targets were produced I was a little uneasy
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