Anyone scalping the FTSE Futures??

[SuddenDeath]

Financials and miners getting the worst of it in FTSE100

 

[TrendLines]

I'm putting my neck on the line now and going all-in short on Dow/FTSE/Dax and MKS (up on bid rumours this morning).

You may never hear from me again after this if it all goes horibbly wrong for me

Good luck with your trades chimpmagnet. Markets have turned south, hopefully
you will be profitable.

 

[Dick Lexic]

yes a fair old jump in MKS

 

[chimpmagnet]

Good luck with your trades chimpmagnet. Markets have turned south, hopefully
you will be profitable.

Thanks, I have a gambler's mentality and losses to chase

 

[TrendLines]

Thanks, I have a gambler's mentality and losses to chase

I know the feeling. I was shorting the markets way to early. I should have done my homework and looked at the longer term charts. I'm new to spreadbetting, markets trends up end of year, 1st quarter, as I found out too late. Dug my heels in, done a lot of research which helped my trading. Looking for a bigger pullback early April.

 

[Dick Lexic]

US may close the gap ?

 

[Tempted]

US may close the gap ?

Are you looking at going Long?

 

[Dick Lexic]

Are you looking at going Long?

no just looking for now ...might do above 470 tho

 

[TrendLines]

Are you looking at going Long?

Wow Deja Vu!!!!
Yes I have.

 

[Tempted]

Wow Deja Vu!!!!
Yes I have.

What's your entry point?

 

[TrendLines]

What's your entry point?

FTSE long £5 a point, at 6411 opened 8.10am. Position already closed.

 

[Dick Lexic]

trying the pitchfork today...10 min chart

 

[barjon]

this is how ftse has gone compared to dow so far today - it's luvly stuff

open -63 weak
8-9am +44 strong
9-10am +15 strong
10-11am -12 weak
11am-12 +11 strong

 

[SuddenDeath]

ftse action looks like huge stop hunt.

how much does Cyprus really affect FTSE? not much in UK we are suffering soft default via inflation

 

[Dick Lexic]

47 looks like a key area

also 47 on s&p

 

[SuddenDeath]

thee is a 71 pt spread between june ftse100 and cash market, thats saying there are huge amounts of dividends to come out during next 3 months

 

[Dick Lexic]

closing the gaps

 

[TrendLines]

Looks like the DOW is heading for 14500 again.

 

[barjon]

this is how ftse has gone compared to dow so far today - it's luvly stuff

open -63 weak
8-9am +44 strong
9-10am +15 strong
10-11am -12 weak
11am-12 +11 strong

and it keeps on...

12-1pm +10 strong
1pm-2pm -18 weak
2pm-3pm -5weak

it's bobbing back and forth like a cork in a stormy sea. You can almost enter blind keep taking the volatility jumps.

 

[SuddenDeath]

nice bounce in dow now above 14500