Anyone scalping the FTSE Futures??

I am just taking small bites of the Dax on the way down.

First 2 trades of the day lost me 40 points (one short one long)

Back to +10 for the day.
 
I am just taking small bites of the Dax on the way down.

First 2 trades of the day lost me 40 points (one short one long)

Back to +10 for the day.

Your up, they all count and each one will build your confidence (y)
 
ES chart update
4 hour data
2a20sx.gif
 
points to note
2025 area taken out
the top has a different perspective
down columns are longer
the horizontal supp yellow at 2005 area is marked
 
Your up, they all count and each one will build your confidence (y)

Thanks:)

I am really enjoying this (some days!) and have a higher winning % than losing at the moment BUT my losses tend to be larger than my winners.

It is SO hard to hold when a profit starts to turn against you - so I bail out with a small win (but tend to hold the losers in hope they will turn)

I am going to work on defining my risk and reward in terms of placing stops and limits but also want to gauge the probability of the move based upon the price action.
 
one ,ajor point to note...
price has moved quite far away from red trendline...possibly oversold
rebound to test the trend could be in order
trend test at 2040 area
 
Thanks:)

I am really enjoying this (some days!) and have a higher winning % than losing at the moment BUT my losses tend to be larger than my winners.

It is SO hard to hold when a profit starts to turn against you - so I bail out with a small win (but tend to hold the losers in hope they will turn)

I am going to work on defining my risk and reward in terms of placing stops and limits but also want to gauge the probability of the move based upon the price action.

You sure you're not my long lost twin?

Same issue, but over time hopefully we can both improve (y)
 
change the box and reversal
hilo plot
looks like we are in a good supp area/green
res at red 2040 area
a possible entry for a swing trade...not a call..just an opinion
lets see what happens

2nlras8.gif
 
Guys,

beginner question..

Do people tend to stop trading the Dax after the official daily close and switch to the Dow?
(I am spread betting-is the spread the only issue?)
 
Guys,

beginner question..

Do people tend to stop trading the Dax after the official daily close and switch to the Dow?
(I am spread betting-is the spread the only issue?)

As a general rule...you should trade your chosen markets in their respective sessions.
 
dow bounces off Sep 2014 high

sp500 cash bounces from sept 2014 high close
 
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