Anyone scalping the FTSE Futures??

[swissy]

Out @5640

That enough for me - I only trade FTSE (or ASX in Southern Hemisphere) so best of luck (and skill) for those trading US tonight.

 

[postman]

That enough for me - I only trade FTSE (or ASX in Southern Hemisphere) so best of luck (and skill) for those trading US tonight.

Luck!
Who needs luck when I have the power of google behind me to make decisions.

https://www.google.co.uk/search?q=coin+flip&oq=coin+flip

 

[postman]

The crude effect appears to be wearing off, the price went straight down at 3pm and never recovered yet dow / s&p are near days high.
There's some buying of stocks out there.

 

[swissy]

The crude effect appears to be wearing off, the price went straight down at 3pm and never recovered yet dow / s&p are near days high.
There's some buying of stocks out there.

"Bargain hunters" haha.....

 

[postman]

%wise heres an idea of the carnage from the highs:
Ftse -20.6%
Nikkei - 23.6%
Dax -28.0%

Dow -12.8%
S&P -13.0%

Those yanks arent really bothered about this, its the Eurozone and Asia thats worried.
What worries me is this is not you fall 10% and then eat it all back up again in 10 days market action. This is a sustained sell off day after day.

 

[postman]

This is where people who are swimming naked start to worry.

 

[inzimam]

my first target of 16090 was hit comfortably, next target is probably 16160 as i mentioned yesterday but im liking 16195

 

[dc2000]

all this watchin malarky makin me hungry stop in @15830 limit @ a rather cheeky 16240

got lucky there that dive would have taken me out just before the turn and then unlucky on not having a more conservative target

still big day tomorrow
FTSE on the money
DOW could go inverted with a good hit

 

[dc2000]

This is where people who are swimming naked start to worry.

The market will always give you a second chance to put your trunks on even warren knows that

 

[dc2000]

wow not even finished my toast and cleared 60 to the dark side on the FTSE!

 

[dc2000]

and you would now be long 5616 area with a stop below 5595 looking for 5670 area

 

[dc2000]

5670 take money off table and wait for break out of high or a second low 5620 area

 

[dc2000]

why no second short after a fast move down and then up you need to give room to show you the play
if it breaks out then we work out an entry level

 

[dc2000]

boom shown its hand
so now we work out entry draw lines on chart or work in head

 

[dc2000]

5653

 

[f2calv]

5653

Could you share your rationale for that figure? Was that in head or on chart?

 

[dc2000]

Could you share your rationale for that figure? Was that in head or on chart?

sure its 50% of the move, done in head

 

[dc2000]

this is where Iwould normally go of and have a brew or browse ebay, set orders to buy @5653 and @5698 and sell @5726

 

[f2calv]

S 9113

 

[postman]

I'm still long ftse 5795 and 5758 (adding to losers :whistling) and long dax 9019.

What could possibly go wrong

Closed dax at 9110

Holding that ftse.