Anyone scalping the FTSE Futures??

[metrader]

Me too - looking at s&p and dow (at this time dax follows them closely)

I have to close it here - it's 3% of my account

Also s&p doesn't look that healthy (daily chart looks horrible) - doesn't justify leaving it open and risking more

 

[FXMJ]

Have a good weekend everyone. Let's hope it's happy Monday, I could do with

 

[counter_violent]

Yep...I'm eyeballing 17,200 on Dow cash....quite doable I recon !

Well, we got into the 200's....good enough !!

Have a good weekend tata.

 

[12WBT]

DAX gains for the year gone.

DOW left with 4.82% gain

Any upset in Japan elections would cause a major market fall on Monday.

Shinzo Abe should get back in, should be good for markets, or give you something to sell into.

 

[counter_violent]

DAX gains for the year gone.

DOW left with 4.82% gain

Any upset in Japan elections would cause a major market fall on Monday.

Shinzo Abe should get back in, should be good for markets, or give you something to sell into.

Those Fund Managers that squared positions early in Dec are the clear winners here and if that's the case, must have contributed to the declines, lack of buying. Also we are only part way through the month....this could get ugly yet !

Pesky Hindenburgers...ya just can't trust em !!

 

[psaTrading]

Trading was marked by the reaction of European investors to economic data in China whose industrial production was below expectation. Investors are giving attention to the evolution of oil prices and the political situation in Greece.

Oil price remains under pressure hitting new lows.

The main point of Thursday's session was the loss of much of the recovery achieved during the first hours of trading. Apparently, the mentality of buying the dips would prevail and investors were taking advantage of the fall of the previous day to buy shares in the expectation of a final rally of the year, however, the last hours of trading showed a lack of conviction from buyers. The news that Democrats and Republicans could not reach an agreement in respect of public expenditure plan led many investors to sell. The deadline for agreement was ending at midnight but was finally reached. Still, the future of US indices traded low before the European opening.

 

[Dentalfloss]

price action on Friday
1 min data
downtrend into consolidation
green is where there was a possible area for a bounce
it bounced a bit
note the yellow pivot line..bias changed when that failed
down into the close

 

[barjon]

maybe, maybe not

 

[Dentalfloss]

Barjon
yes..agree
only talking about the bias change late Friday

 

[Dentalfloss]

a look at 15 min data
spx had 2 down moves..purple and red/thick line
it rallied on friday at green line
rally got taken out at yellow which was prev supp
no real sign of a base as yet
Fed next week..so a rally might be possible

 

[barjon]

Barjon
yes..agree
only talking about the bias change late Friday

Wasn't intended to be a comment on yours - which made perfect sense as usual

 

[Dentalfloss]

Spx index 60 min data

do we bounce from that horizontal support ??? Yellow
2022 prev supp..could be res..aqua
2040 trend res/red
thinking that market wants to reassess the move down..but bias can change as per friday afternoon.I always keep to p/f signals rather than call levels.much safer in this volatility..

 

[Dentalfloss]

dax also looks to be in a bounce area from this chart set up

 

[tar]

Long Dax 88

That's long Dax at 9588

 

[tar]

Japanese election exit polls have Abe’s ruling coalition party to win 327 seats in the Lower House

Abe’s coalition to win/maintain a two-thirds majority but fails to win a “super majority” for his own Liberal Democratic party


http://www.forexlive.com/blog/2014/...on-party-to-win-327-seats-in-the-lower-house/

 

[counter_violent]

Japanese election exit polls have Abe’s ruling coalition party to win 327 seats in the Lower House

Abe’s coalition to win/maintain a two-thirds majority but fails to win a “super majority” for his own Liberal Democratic party


http://www.forexlive.com/blog/2014/...on-party-to-win-327-seats-in-the-lower-house/

Does it even matter who wins what in Japan. The whole country is economically bolloxed anyway and lets not even get started about the funny money printing.

 

[Dentalfloss]

its all Chinese to me
thought Russell Brand was their prime minister

 

[Dentalfloss]

So........we are all agreed......
the rally starts tomorrow morning........lol

 

[counter_violent]

So........we are all agreed......
the rally starts tomorrow morning........lol

Yeah we're all agreed ....but when does it fizzle out and resume trend

 

[postman]

So........we are all agreed......
the rally starts tomorrow morning........lol

11:00:01 PM tonight.