Anyone scalping the FTSE Futures??

[dc2000]

looks like Im going short soon, preference is 5547 FTSE and 12063 DOW

 

[dc2000]

short now 12052 and 5539

close enough looking for 35/40 off FTSE and 80 off DOW

 

[fletchie]

I was short at 5543 but don't like holding over numbers

 

[DaddyJohn]

many thanks for your comments dj - very helpful. (thanks also to dc for his comments yesterday).

I shall be on to a certain well know internet book seller asap for some christmas reading. As regards linda raschke's work, i've read one or two articles of her website and on forums - is there any specific book/article you would recommend?

Btw, hows the 1 minute chart cold turkey going - have you been tempted into just one wee look?

thanks again.

this is the one i read

 

[Splitlink]

Stopped. It has bounced up again. I thought it was a low risk entry, just in case itwent up.

Something will happen, now, because I shall be on the train for forty minutes. Watch out, fellows!

 

[Mornington Crescent]

almost dead on 1:30

time and again

I reckon its when they leave the water fountain and get back to their desks

 

[supernovered]

this is the one i read

Thanks DJ

 

[barjon]

almost dead on 1:30

time and again

I reckon its when they leave the water fountain and get back to their desks

US unemployment Claims

 

[Splitlink]

I have order to buy at 5536 and order to sell at 5524.

 

[DaddyJohn]

even if ISM is bad , I cant see this lot allowing the market to fall far far

 

[Splitlink]

The sell got triggered and was stopped for -10. The buy got triggered and got stopped for +0.5.

I did something wrong there. Got the stops crossed, or something.

I re-opened at 5541.1

 

[DaddyJohn]

most price movements are been driven by offers or bids been removed... so very little actual trading here.. algo feed fest

 

[dc2000]

Hey DC.. any more thoughts from you on the target for a next leg down?

I had 5426 .. but the more I look at it I wonder is 4589 the number?

Hi DJ
calcs out at 4516 at the moment but not in stone yet

so a good entry willl probably come tomorrow or monday the FTSE could produce a target for tomorrow of 5605 depending on action in next hour

 

[Splitlink]

most price movements are been driven by offers or bids been removed... so very little actual trading here.. algo feed fest

I closed my long trade -6.7.

I am a bit nervous of this market and I'm packing it in for today.

6 trades and I'm overtrading. Profit +6 points.

 

[DaddyJohn]

Hi DJ
calcs out at 4516 at the moment but not in stone yet

so a good entry willl probably come tomorrow or monday the FTSE could produce a target for tomorrow of 5605 depending on action in next hour

as long as ftse doesnt get much above 5700 ... I think above this might mean a re-think

 

[DaddyJohn]

32 prices today .. not a great tally.. methinks an early finish today

 

[dc2000]

dont really want to see a bounce off the 5505

want to see 5487

 

[DaddyJohn]

Hi DJ
calcs out at 4516 at the moment but not in stone yet

so a good entry willl probably come tomorrow or monday the FTSE could produce a target for tomorrow of 5605 depending on action in next hour

5634 would be good tomorrow or Monday

 

[Splitlink]

32 prices today .. not a great tally.. methinks an early finish today

32 trades, do you mean? Wow! I thought I was busy today!

 

[MartinC-J]

Yesterdays volume for 16:25 five minute candle 21,000 lots
Todays volume for the same candle 3,400 lots.

Much quieter day, but at least the price action this afternoon has been much more consistent.