Anyone scalping the FTSE Futures??

[zorbas]

Hahahahaha...

I was in Thailand a good couple of years ago .... but for honeymoon, missed these kind of opportunities

 

[jungerns]

Wont do it now because this is a trading thread but I have a "school style" photograph of Thai Girls on a Thai Party night and amongst them all is 3 ladyboys, and the idea is to spot them........!!

 

[SuddenDeath]

FTSE unchanged with BP down 3.2% and BLT down 1.8%

 

[begeegs]

​

just a few more tic's

FTSE pivots wednesday

Buy 5672
Sell 5668

FTSE 5672 close = Dow 13,000

Dow pivots wed

Buy 13,041
Sell 13,036

Wow - almost to the sell tick! :smart:

 

[Dick Lexic]

Wow - almost to the sell tick! :smart:

yeah then i go and spoil it by getting knocked out yesterday

 

[Dick Lexic]

looks like we'll prod the june high again

 

[begeegs]

yeah then i go and spoil it by getting knocked out yesterday

The bad thing for me as I am sitting here watching this waiting for that elusive pullback that hasn't happened yet! By that time, it is heading towards being over-sold!

 

[SuddenDeath]

BP dow 3.7%
BLT down 3.9%
RIO down 1.8%

this is painful, strong dollar, money moving into safety 10yr us down, yield 1.555 if yield can fall more will set up ftse for a nice 400-500pt rally

 

[SuddenDeath]

AUDUSD 1.0171 wow

Bustech was shorting this at 1.0577

Aussie in trouble

 

[et.]

Morning all. I think there will be some support at 5610. Perhaps we'll go vertical to get there. Current bear trend is steep bit doesn't look like it's trying as much as it could.

 

[zorbas]

There is a pullback everywhere, EuroZone PMI data came below expectations.

 

[Dick Lexic]

The bad thing for me as I am sitting here watching this waiting for that elusive pullback that hasn't happened yet! By that time, it is heading towards being over-sold!

some indicators will keep you out of some really good moves...they go into oversold/bought conditions and you go into rabbit in the headlamp mode....i only use indicator divergence these days but even that doesn't always work.....

gegeegs, you might already have this but just incase here's the link

http://www.getfreeebooks.com/wp-content/uploads/Hidden_Divergence.pdf

 

[bustech]

AUDUSD 1.0171 wow

Bustech was shorting this at 1.0577

Aussie in trouble

Even GDP @ 3.7 for the year can not save it.

 

[begeegs]

some indicators will keep you out of some really good moves...they go into oversold/bought conditions and you go into rabbit in the headlamp mode....i only use indicator divergence these days but even that doesn't always work.....

gegeegs, you might already have this but just incase here's the link

http://www.getfreeebooks.com/wp-content/uploads/Hidden_Divergence.pdf

Thanks - I will give it a read. I just use EMA, price action and the Money Flow Index. I trade on the 5 minute chart, but there wasn't a pullback, but hopefully heading for a wedge, so maybe I can capitalize on that .

 

[SuddenDeath]

Even GDP @ 3.7 for the year can not save it.

Remember a few months ago I was saying u should buy some 3-4 year aus government bonds, they must have done very well in interest rate falling environment

 

[Dick Lexic]

we have fell below some important levels imo.....we could be moving into a new bear phase and the ftse seems to be leading the plunge....the 4 hr channel is back in action but maybe the june high will give a kick..

also the s&p weekly double top + divergence still looks grim

 

[SuddenDeath]

the FTSE sell pivot worked a treat, not too much miss firing .

Sell 5668

 

[jungerns]

Am Long on Dax and Cac with fairly tight stops in now.......

FTSE undecided........

 

[bustech]

Remember a few months ago I was saying u should buy some 3-4 year aus government bonds, they must have done very well in interest rate falling environment

Remember you saying, would look good now.

More bad news, this could start a global trade war.

[http://www.reuters.com/article/2012/09/04/brazil-industry-tax-idUSL2E8K4DJN20120904

Also I value FTSE at 5669 now on current DOW 13,000 futures price. @940am

 

[jungerns]

As its gone quiet for the moment here is that Map of the World I mentioned last week sent to me from an American Trader friend.........

Amused me anyway.........

Click to Enlarge........