Anyone scalping the FTSE Futures??

[postman]

Feeling suicidal?
Why not just wait for minimal long structure on min1 or tick? Unless you are doing this for adrenalin rush.
EDIT: not trying to sound smart ass, just don't see the point in trying to risk 50 or more pips in order to maybe catch a bounce. So I guess I'd just like to understand and possibly learn why you make such entries quite often I might add.
IMHO it's much easier to just wait for a bit of structure on fastest TF if nothing else.
BR

I get in early, I know I do (and I short to much). Sometimes it bites me in the @rse othertimes I make a good chunk on the swings.
My eyes are on the tick / 1 minute charts all day and so on occasion (as Dinos knows) I get in 15 points earlier than conventional 'signals' on longer timeframes.

Also I had a good chart of resistance on the Dax 1 minute at that level AND it broke above the downtrend on a 1 minute chart. Plus it was down over 300 points since the Dow open.
All very good reasons for a long in my book.

 

[SuddenDeath]

?

Hardly down 15 points ...

u are correct, my system giving wrong change %

 

[Dentalfloss]

yeah...but we got lots of volatility..thts what we want

 

[postman]

Heres my (to early) entry on the dax, that lower line is from last week. There looks to be a good deal of buying at 9300, lets hope the dow doesnt capitulate.

 

[tp0440]

I get in early, I know I do (and I short to much). Sometimes it bites me in the @rse othertimes I make a good chunk on the swings.
My eyes are on the tick / 1 minute charts all day and so on occasion (as Dinos knows) I get in 15 points earlier than conventional 'signals' on longer timeframes.

Also I had a good chart of resistance on the Dax 1 minute at that level AND it broke above the downtrend on a 1 minute chart. Plus it was down over 300 points since the Dow open.
All very good reasons for a long in my book.

That's why I combine min3 and tick.

Min3 as min1 is to unreliable and tick as it eliminates the time related issue.

Anyway, thanks for the answer.


BR

 

[metrader]

long dax at 9350

 

[SuddenDeath]

got buy signal for dow 17,207 (low 115)

 

[metrader]

long dax at 9350

closed at 9365 +15

 

[metrader]

long dax at 9365

 

[inzimam]

got buy signal for dow 17,207 (low 115)

Where will the bounce take us I wonder?

I'm eying 9413 on dax

 

[metrader]

long dax at 9365

closed at 9355 -10

& short at 9355

 

[metrader]

closed at 9355 -10

& short at 9355

stop at 9370

 

[SuddenDeath]

Where will the bounce take us I wonder?

I'm eying 9413 on dax

hard to say, second buy signal first was dow 380ish (out of hours). not good, even pivot did not work

 

[metrader]

stop at 9370

stopped -15

 

[metrader]

long dax at 9371

 

[SuddenDeath]

cnbc fast money trading comp,

out of 7 traders 3 are losing money for the year and 4 are in profit.

http://www.cnbc.com/id/101269427

 

[inzimam]

closed mine for 30 points, i made some errors earlier of going long, bottom watching

 

[SuddenDeath]

closed mine for 30 points, i made some errors earlier of going long, bottom watching

excellent
have a sneaking suspicion they want to close the dow strong for the year end. (17,244 last)

 

[metrader]

long dax at 9371

closed at 9386 +15

 

[paszkman]

how do you (anyone who cares to answer) calculate the ratios for pair trades?