Anyone scalping the FTSE Futures??

[postman]

17833 was last weeks dow close.

How near to that can they get today.

 

[postman]

Spend the best part of 4 hours making it look like Dow is going to plummet then ram it up 100 points into the close.
Its the Dow - it goes UP.

 

[Dentalfloss]

time for a live call

 

[Dentalfloss]

number 37 please chicken tikka masala with pillau rice and a pint of Kingfisher please

 

[Dentalfloss]

2 popadums as a starter


makes you very thirsty this trading lark

 

[Jessi_trader]

Comin up

 

[Jessi_trader]

2 popadums as a starter


makes you very thirsty this trading lark

I LUV Kingfisher beer... great test

 

[Dentalfloss]

look whats in the pipeline for next week

 

[Dentalfloss]

we optimised and we got a really clear picture of the price action
trends show clearly.that was the box size and reversal which initiated all trades based on p/f breakouts

 

[Jessi_trader]

Well, all I know is simple basic price action, its not a rocket science to under stand what has happened, see the CASH weekly chart, how it has closed... most of the weekly loss gone....eaten up tail :smart:

 

[Jessi_trader]

Also see the daily CASH trend line and daily candle...

 

[Jessi_trader]

Next week Rally

 

[Dentalfloss]

5 min today shows the move from nfp
got a second consecutive short signal at yellow line
note..we got 2 fake long signals on the way down/red..we filtered those out by changing the plot and stayed in to the bitter end of that downtrend
note the tight range at the bottom and we are in at the green which was a horizontal supp on 60 min

 

[Jessi_trader]

Cash weekly

 

[Dentalfloss]

got one in before nfp
tight range..then a pop/aqua .that was the squeeze we talked about at lunchtime

note on 2055 break/yellow ,price retraced into that zone,then the bears went in for the kill

 

[Jessi_trader]

I don't think this was real sell to be honest. see the pattern of selling...2:30 to 6:20... this is only about 2 hrs of selling and pattern is consistent... this is program sell... ALGO...

Then from 4:20 to 9 about 5 hr consolidation.... could not break the support, once program ended at 4:20

 

[Jessi_trader]

5 min today shows the move from nfp
got a second consecutive short signal at yellow line
note..we got 2 fake long signals on the way down/red..we filtered those out by changing the plot and stayed in to the bitter end of that downtrend
note the tight range at the bottom and we are in at the green which was a horizontal supp on 60 min

Do you have dow pnf?

 

[Dentalfloss]

pretty much same scenario with Ym
5 min
see consecutive signals/long aqua..that was the pop up before nfp
after nfp consecutive short signal was taken yellow
note the big recoils..but..we stayed in cos it did not break the 45 deg trendline /red
then the tight range at the bottom and a signal to go long and exit at prev supp which became res
then it flatlined...p/f traders go to the pub

 

[Jessi_trader]

pretty much same scenario with Ym
5 min
see consecutive signals/long aqua..that was the pop up before nfp
after nfp consecutive short signal was taken yellow
note the big recoils..but..we stayed in cos it did not break the 45 deg trendline /red
then the tight range at the bottom and a signal to go long and exit at prev supp which became res
then it flatlined...p/f traders go to the pub

I need my drink, have a nice weekend.. lets play the game again next week

 

[Dentalfloss]

it is not all about selecting a box size and reversal at the beginning of the day.you can see from the ym and es that they had different characteristics to their respective trends
so once in the trade you have to go to 1 minute data and constantly adjust box size/reversal to either stay in or get out