Anyone scalping the FTSE Futures??

[SuddenDeath]

CNBC asking Dianne Abbott about tesco? has the world gone crazy

 

[SuddenDeath]

wonder if cash dow will visit overnight lows 202?

might be work buying the one touch daily 200

dow hits 198

can it reverse from 186 ?

 

[postman]

CNBC asking Dianne Abbott about tesco? has the world gone crazy

Tesco overstate earnings by £250m and have £2BN wiped off their share price.
"Every little (smack on the wrist) helps", one day we might have an honest market .

£2bn wiped off Tesco's value as profit overstating scandal sends shares sliding – business live
http://www.theguardian.com/business...tating-profit-forecasts-by-250m-business-live

 

[postman]

ig one touch 200 went from 22 to currenty 70 . should be 100 if dow hits 200

Did you buy and hold?

 

[SuddenDeath]

Did you buy and hold?

yes, sold a put to reduce the cost of buying it, effective cost around 28, and went to 100 when dow 200 hit

range is still a modest 84pts

 

[SuddenDeath]

thinking dow 236 is gone, maybe 186 is next current low 208

got to 188

 

[postman]

got to 188

Some time this week we test 17,000 futures from above.
I hope so because thats what I've based my S&P end of week guess on. :clover:

 

[postman]

Dow is desperate to fall.

 

[SuddenDeath]

Dow is desperate to fall.

so many people made money on run up,

i shoudl have added the one touch 180 dow that was cheap as chips

CNBC fast money run a trading comp for their hosts, the returns to date have been pretty mediocre.

they range from loss 4% to profit 20%

 

[SuddenDeath]

Dow is desperate to fall.

186 big level, lets see how dow copes with that breech. would buy bounce from that .

we are close to triggering weekly sell signal

 

[postman]

Thats enough downside for today I think.

 

[postman]

S&P down 19

 

[postman]

Anyone seen this ?

http://www.bbc.co.uk/iplayer/episode/b04j525k/traders-millions-by-the-minute-episode-1

Time 48:20
"Ade has been forced into a position on the dax the most tricky and unpredictable index to trade." :whistling

Tell me about it.

 

[SuddenDeath]

Anyone seen this ?

http://www.bbc.co.uk/iplayer/episode/b04j525k/traders-millions-by-the-minute-episode-1

Time 48:20
"Ade has been forced into a position on the dax the most tricky and unpredictable index to trade." :whistling

Tell me about it.

that was interesting bbc series.

 

[SuddenDeath]

thats me done, until tomorrow guys

 

[postman]

No ones buying this market.
Last week was all a setup for the expiry yet again.

 

[postman]

Some time this week we test 17,000 futures from above.
I hope so because thats what I've based my S&P end of week guess on. :clover:

Looks like it could be as early as tomorrow.

 

[SuddenDeath]

Looks like it could be as early as tomorrow.

from watching cnbc i am guessing weak Alibaba price is hurting bullish sentiment

dow(186) trying to hold 186 into the close

 

[postman]

from watching cnbc i am guessing weak Alibaba price is hurting bullish sentiment

Alibaba's share price is falling
Who'd have thunk it.
It'll be 45 next month.

 

[psaTrading]

Knowledge and involvement: Preservation Of Capital

Even if you have identified your “Edge”, one shouldn’t forget is competing in the global financial markets against other participants which can move the markets significantly (Ex: Central Banks, Primary Dealers, hedge funds, pension funds).

Commonly, inexperienced traders adopt an aggressive stance, attracted by the “potential” reward such behavior allegedly provides. In these cases, remaining out of the market, or if you have the knowledge, aligning with these larger “entities” rather than challenging them, will improve the chances of achieving a truly exceptional consistency, which will then increase your talent in the effective implementation of your “trading tools”. It is also recommended to be very cautious with extreme volatility. A “neo-trader” who is trading on the basis of his identified “Edge” has his chances drastically reduced in times of high volatility.