Anyone scalping the FTSE Futures??

FTSE triggers

Buy 5290
Sell 5280

Good morning SD

can you please remind us how this works in practice.

Lets say price is 5235 now. Will you

a) not take a trade since it is too far away from pivots
b) sell at CMP since it is below sell
c) sell when price reaches 5280 and buy if it reaches 5290 with a stop loss of 10 points in either direction?
 
Good morning SD

can you please remind us how this works in practice.

Lets say price is 5235 now. Will you

a) not take a trade since it is too far away from pivots
b) sell at CMP since it is below sell
c) sell when price reaches 5280 and buy if it reaches 5290 with a stop loss of 10 points in either direction?


bullish market above pivot and bearish below.

currently "5235" means that u would go long if it went above 5290

the 10pts in either direction is optional, I try and get long above 5290 and sell if it goes below 5290.

the pivots have worked brilliantly.

have u been using them?

they also work on currencies
 
thanks SD...what are the pivots for tomorrow?

will DJI rally this evening? all ground work seems to be in place.

stuck are resistance?
 
Last edited:
thanks SD...what are the pivots for tomorrow?

will DJI rally this evening? all ground work seems to be in place.

stuck are resistance?

Samir , there are a number of websites that you can go on that have pivot point calculators..google it ...
 
bullish market above pivot and bearish below.

currently "5235" means that u would go long if it went above 5290

the 10pts in either direction is optional, I try and get long above 5290 and sell if it goes below 5290.

the pivots have worked brilliantly.

have u been using them?

they also work on currencies

Are you trying to get long at the moment SD?
 
Top