Anyone scalping the FTSE Futures??

777 cash looks like good support...took a long from here this morning.. small profit.....can the s&p do more upside? it looks a bit toppy but there seems to be no stopping it:)
 
FTSE/Dow ratio has pretty much ratcheted down for the last three weeks without a significant correction. Purely empirically, I'd say a correction is due, although there's no telling when it will come. I like Mat Belton's analysis (ie miner/oil selloff affecting FTSE).
 
Dommo said:
FTSE/Dow ratio has pretty much ratcheted down for the last three weeks without a significant correction. Purely empirically, I'd say a correction is due, although there's no telling when it will come. I like Mat Belton's analysis (ie miner/oil selloff affecting FTSE).
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Hi DL, The FTSE / S&P spread has began to work today (finally!) BP feel better bid after their recent fall, miners rallying as well...also Bullard seems to be anti QE3
 
Dick Lexic said:
yes well the ftse has already tanked so if s&p tanks now we follow and get a double tanking.....so it makes for a further rise in s&p while ftse catches up then bang! .... or.....a gentle decline on s&p so ftse dosen't panic then bang! ...ha all very logical stuff or complete nonsense take your pick :)
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maybe this aint so daft after all:)
 
Very aggressive correction today on FTSE/Dow (since midnight +1.5% at one point). Downsides to this trade: (i) it can be very slow moving and demoralising if you're fading it, and (ii) it's by no means easy to tell when one basket of global equities will strengthen/weaken against the other (if news is "bullish for equities" is it more bullish for Dow or FTSE?) However, as Mat showed, sector analysis may help.
 
pit pony said:
Yes it's a room full of people trading, the arcade owners charge a seat leese plus other coms..etc..
I used to be in one a few years ago, but cost's were getting silly, so when I found ProSpreads which offered me basically the same platform and functionality as I was getting, I left.
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PP... I have had issues with my prospreads platform recently. Basically I sometimes have to click 2-3 times before an order is placed on the ladder / quick trade..

last week I clicked several times and nothing happened.. then 15 secs later I suddenly had 8 lots in the DAX !!!! lucky it was a good trade :) but it could so easily have been different.

Prospreads say they are looking inot this ,, but have heard nothing from them for a week... have you had similar problems?
 
Dommo said:
Normal service resumed.
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Hi Dommo, that was a nasty move yesterday, the oil stocks got battered, as did my spread !! i shorted the Euro stoxx as talk of spanish banks needing a bailout unnerved the sector which helped off-set part of the FTSE losses, but taking relatively long-term positions in Indices at present is a tough game.
 
DaddyJohn said:
PP... I have had issues with my prospreads platform recently. Basically I sometimes have to click 2-3 times before an order is placed on the ladder / quick trade..

last week I clicked several times and nothing happened.. then 15 secs later I suddenly had 8 lots in the DAX !!!! lucky it was a good trade :) but it could so easily have been different.

Prospreads say they are looking inot this ,, but have heard nothing from them for a week... have you had similar problems?
Click to expand...

DJ..sometimes if you dont click in the actual box and the mkt is moving fast it can happen, I have made my ladder a larger font, this has made it easier for me any way.
 
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