Anyone scalping the FTSE Futures??

[klw]

" A stock with a negative beta generally moves in the opposite direction to the market "

If we assume that markets go up long term ( which they have historically ) then I really don't understand the above statement.

 

[SuddenDeath]

" A stock with a negative beta generally moves in the opposite direction to the market "

If we assume that markets go up long term ( which they have historically ) then I really don't understand the above statement.

beta can change, and beta may not be relevant over very long time scale

 

[SuddenDeath]

Britain's most important interest rate - MoneyWeek investment tutorial

Britain's most important interest rate - MoneyWeek investment tutorial - YouTube

 

[SuddenDeath]

Dow down 124

ftse down 77

Sell pivot at 5507 would have done wonders

 

[SuddenDeath]

Today ftse will create an outside day engulfing, which is .......bad?

 

[klw]

Today ftse will create an outside day engulfing, which is .......bad?

I personally don't read too much into 1 bar unless it happens where you are expecting it to happen and then it becomes confirmation of what you are thinking is happening lol so looking at the price action , bears and profit taking has pushed it below most short term moving averages on a D1 chart lately and the last 2 days have been bull's response to that, it's pretty neutral to me at the moment and not an area I would be interested in trading from but each to his own.

 

[SuddenDeath]

I personally don't read too much into 1 bar unless it happens where you are expecting it to happen and then it becomes confirmation of what you are thinking is happening lol so looking at the price action , bears and profit taking has pushed it below most short term moving averages on a D1 chart lately and the last 2 days have been bull's response to that, it's pretty neutral to me at the moment and not an area I would be interested in trading from but each to his own.

i think it may be outside day and not engulfing.

yes u are right.

 

[SuddenDeath]

Trading Rules 101 is a combination of patterns and observations from the trading floors of the
Chicago Board of Trade and the Chicago Mercantile Exchange over the last 35 years. Much of it
was created and actualized during my time at the desk when I worked for Marty, “The
BULL” Schwartz. It was an amazing and incredible experience where I evolved and transformed
into the trader and “go-getter” I am today.

http://www.mrtopstep.com/wp-content/uploads/2012/01/MRTOPSTEP.COM-Rules.pdf

 

[bustech]

Morning All
Sydney
BHP + 2.45%
RIO + 2.41%
30 to go
German ATM is open.
Not sure how to trade this tonight/morning?

 

[KurtCocaine]

Is it just me or does it look like the FTSE is in a daily channel?

How long before people realise that Europe haven't helped their actual debt? That'll lead to a fall off of the channel resistance

 

[SuddenDeath]

morning bustech

FTSE currently up 90pts 5588 compared to 5493 close

 

[SuddenDeath]

what caused the Dow to rally 140pts 90mins before the cash close?

 

[SuddenDeath]

Dow daily candle looks like hanging man if my guess is correct

 

[SuddenDeath]

Dow 12450 has acted as support 3 times it is 50% retracement of the 45 day move

 

[SuddenDeath]

its very bullish, bustech do u know why the dow rallied 140pts into the close?

 

[SuddenDeath]

massive sell off in GBPUSD
bullish us 30yr

 

[bustech]

what caused the Dow to rally 140pts 90mins before the cash close?

German leader put back the press conference, caused the rally on hope. of an outcome in the summit

 

[SuddenDeath]

BARC head+Shoulders breakdown,

 

[hereward the wake]

Morning all

 

[SuddenDeath]

morning htw