Anyone scalping the FTSE Futures??

You are sooo far behind the curve with this stuff, its too late to make money from it.

Stocks slump with bad economic data.
Volatility increase as market is transitioning from fear to panic.
Banks sank after reporting earnings while a drop in retail sales fuel the concern about the economy.
The spread of Ebola has started to affect investor psychology, contributing to a decline in U.S. airline stocks.
The S&P 500 had its worst intraday retreat since 2011.

The calendar for tomorrow is shaped by a few economic events and information but most probably will not bring much needed changes.

From 25th Sep.
I said last week it would be war or Ebola used to bring the markets down. Maybe they're saving Ebola for October. ;)

From 1st Oct.
Wouldnt like to be buying airline stocks today.

"..becoming the first person to board a passenger jet and unknowingly bring the disease here from West Africa.."

http://www.washingtonpost.com/natio...90947e-48f3-11e4-a046-120a8a855cca_story.html

This is nothing more than the usual October selloff before the santa rally.
Happens every year, and they dream up a new excuse each time.

Switch your TV off !
 
You are sooo far behind the curve with this stuff, its too late to make money from it.



From 25th Sep.


From 1st Oct.


This is nothing more than the usual October selloff before the santa rally.
Happens every year, and they dream up a new excuse each time.

Switch your TV off !


(y)
 
Pulled back more than I thought it would :eek:

Called the bottom to within 5 points. 15860 long entry. Dow low 15,855.12
First chart is all I had to go on, 15860 and 16100.
2nd is the close up circled when I called long. It did dip slightly lower just afterwards.
There's really very little support below until 15,300.

Are you thinking 15300 over the next couple of weeks......would be good to see.

Funny, look at a chart of the DOW over the last 5 years and how far it's come........long way up...........all on free cash.
 
Are you thinking 15300 over the next couple of weeks......would be good to see.

Funny, look at a chart of the DOW over the last 5 years and how far it's come........long way up...........all on free cash.

Theres 2 ways of looking at this.

1. Its practically all over bar the shouting. (Trend line)
2. Dow fell 700 points in 5 days and could do it again. (Horizontal support)

So all over within 2 weeks is my guess, then I wonder what will happen :whistling

Lets just take money day by day, from the people who watch Bloomberg. ;)
 

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Theres 2 ways of looking at this.

1. Its practically all over bar the shouting. (Trend line)
2. Dow fell 700 points in 5 days and could do it again. (Horizontal support)

So all over within 2 weeks is my guess, then I wonder what will happen :whistling

Lets just take money day by day, from the people who watch Bloomberg. ;)

Yep i agree on that........so that begs the question, where are Fred and Barney....:LOL:


Off for a while, have fun.....:)
 
Thanks - I'm just using this choppiness for opposite trades.
Playing the short term extensions, with and against main trend.
Very well in general to, from sliver of your trades ive seen on this thread.

You realise you are doing what 90% + of folks cant do right.:)
 
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