Anyone scalping the FTSE Futures??

[hereward the wake]

left 4 orders below ftse at 10pt intervals only 1 got hits 5829.7 long will cancel others

nice job

 

[innoz]

Hi all experienced traders, what does the past tell us about post election market reaction?

 

[SuddenDeath]

it is strange that on thrusday/friday US indices up swings were not confirmed by EURUSD, and now the indexes have fallen a lot.

 

[SuddenDeath]

nice job

take advantage of sb's spiking out weak longs rather than getting spiked out myself

 

[Dick Lexic]

morning ....welcome back jungerns

fri close gives europe slightly pos...us slightly neg for me .....election will prob skew for now

 

[SuddenDeath]

EURUSD close to 2 month lows,

 

[SuddenDeath]

Today

One more day of banking news before we switch our attention to how the retailers are doing. HSBC will update the market today with third-quarter results. Everyone is interested in what it will say about future PPI mis-selling payments and an update on money laundering. Europe's biggest bank has already set aside $700m (£437m) for charges related to money-laundering in the US and £1.1bn for mis-selling of PPI. Analysts think its profits will have jumped by 80 per cent to $5.4bn.

The Week Ahead: HSBC is tipped for 80% profits jump - Business Analysis & Features - Business - The Independent

what time do HSBC report?

 

[hereward the wake]

Hi all experienced traders, what does the past tell us about post election market reaction?

hi innoz worth a read

Economy Set for Better Times Whether Obama or Romney Wins - Bloomberg

 

[bustech]

EURUSD close to 2 month lows,

Troika putting pressure on the Euro.
Decision on Nov 12th

 

[SuddenDeath]

EURO,AAPL,Dow,Nasdaq,Russell,CRB,Dow trans
#940 11/05/12 Beware of the Downside and Grains have Topped - YouTube

 

[SuddenDeath]

what does the nyse specialist long/short and put/call ratio say about how close we are to a bottom

Pivots for monday buy/sell 5834/5830
Dow 13,177/170

 

[SuddenDeath]

look at plunge in EURUSD, 1.2793

SP500 dec implies 5804 ftse

 

[bustech]

look at plunge in EURUSD, 1.2793

SP500 dec implies 5804 ftse

DOW now 5806.

 

[innoz]

hi innoz worth a read

Economy Set for Better Times Whether Obama or Romney Wins - Bloomberg

Thanks so much HTW, read that this morning and dont think that asset purchasing can actually set for better times

 

[SuddenDeath]

DOW now 5806.

BLT/RIO down heavy, FTSE big cap stocks all down except GSK(defensive, risk off)

 

[hereward the wake]

5833 200 day ema r2 5821

 

[SuddenDeath]

************** Attention Dick Lexic********************

on friday Dow had outside day engulfing

 

[SuddenDeath]

Dow down about 30pts from fridays disastrous close, Does Obama want to go into election with Dow minus 100pts?

Dow had good bounces from 13,040 (5792)

 

[Dick Lexic]

************** Attention Dick Lexic********************

on friday Dow had outside day engulfing

 

[hereward the wake]

************** Attention Dick Lexic********************

on friday Dow had outside day engulfing

Psychology...
If not much volume occurs on the 1st day of the Bearish Engulfing formation compared to the 2nd day, then this increases the strength of the pattern. The 2nd day opens above the close of the 1st day, however quickly sells off to finally close below the open of the 1st day. This damages the spirits of the longs and brings into question the bull trend which prompts additional selling in the coming days.