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 postman I'd settle for that. Be good if it does the retrace and bounces off it again. ...

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Old May 24, 2018, 10:24pm   #84721
 
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Originally Posted by postman View Post
I'd settle for that.
Be good if it does the retrace and bounces off it again.

Carney suggesting Brexit might delay rate rises likely to mean pound continues falling if inflation take back seat to growth and jobs. http://www.bbc.co.uk/news/business-44247290

Can only mean FTSE continues higher imo.


Looking like a bear trap to me. Beware.
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Old May 25, 2018, 12:57am   #84722
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BMW and Daimler fell more than 2%. On the contrary, the telecommunications companies registered gains. Deutsche Telekom said it expects average annual revenue growth of 1% to 2% by 2021.
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Old May 25, 2018, 9:51am   #84723
 
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I've taken a short on the dow at 24832
-18 on that one, mental overnight action as per usual.

Ftse pushing down again - nice.
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Old May 25, 2018, 11:31am   #84724
 
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That dow. Its slips down 25 points in 40 minutes then they ram it up 30 points in 4 minutes.
Every time it slips down its jammed back higher.
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Old May 25, 2018, 3:17pm   #84725
 
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Looks like the high of the rally came in at 8:24, I'm holding overnight for a 24740 ish exit.
That was a good target. I got stopped out overnight but took some bites out of it on the way down.

I still see the FTSE going to below 7630 at some point.
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Old May 25, 2018, 6:15pm   #84726
 
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24860 close on the dow today, up 120 from here.
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Old Yesterday, 12:35am   #84727
 
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Originally Posted by postman View Post
That was a good target. I got stopped out overnight but took some bites out of it on the way down.

I still see the FTSE going to below 7630 at some point.
See how we go around 7700.. might give some clues also watch cable and oil...as Attila has said watch out for a bear trap!

FWIW I have covered and currently flat.
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Old Yesterday, 8:36am   #84728
 
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See how we go around 7700.. might give some clues also watch cable and oil...as Attila has said watch out for a bear trap!

FWIW I have covered and currently flat.
Judging by the poor performance of the Dow it looks like more downside on the way which will drag on ftse.
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Old Yesterday, 8:41am   #84729
 
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The beginning of the end!

https://www.thetimes.co.uk/article/j...dder-xgrzrv7bf

Joint mortgages: uniting to get on the property ladder
M&S has a new mortgage deal that allows four people to join forces to buy a property

Anyone remember what happened last time things were this desperate? Interest rates went from 4% to 15% very quickly and house prices crashed. With multiple people responsible for the debt large numbers were trapped in negative equity for years.

But of course "it's different this time".
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Old Yesterday, 11:39am   #84730
 
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The beginning of the end!

https://www.thetimes.co.uk/article/j...dder-xgrzrv7bf

Joint mortgages: uniting to get on the property ladder
M&S has a new mortgage deal that allows four people to join forces to buy a property

Anyone remember what happened last time things were this desperate? Interest rates went from 4% to 15% very quickly and house prices crashed. With multiple people responsible for the debt large numbers were trapped in negative equity for years.

But of course "it's different this time".
nice find posty-
i should imagine that their rich daddies will stand as guarantors.
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Old Yesterday, 11:53am   #84731
 
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Quote:
Originally Posted by postman View Post
The beginning of the end!

https://www.thetimes.co.uk/article/j...dder-xgrzrv7bf

Joint mortgages: uniting to get on the property ladder
M&S has a new mortgage deal that allows four people to join forces to buy a property

Anyone remember what happened last time things were this desperate? Interest rates went from 4% to 15% very quickly and house prices crashed. With multiple people responsible for the debt large numbers were trapped in negative equity for years.

But of course "it's different this time".

What a great idea!

Means market has some more way to go.

Buy buy buy
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Old Yesterday, 6:12pm   #84732
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Yesterday European markets ended slightly lower. The uncertainty associated with the political scenario in Italy continued to influence investor sentiment and had repercussions on the stock and debt markets. Banks' stocks were the most penalized. In the foreign exchange market, the Euro maintained its downward trajectory against the US Dollar, thus moving towards the 6th consecutive week of falls.
Next Monday, American markets will be closed, celebrating the Memorial Day.
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