Anyone scalping the FTSE Futures??

inzimam said:
dentist, seems every move regardless of direction is a fake for you
Click to expand...
a fake..
it is a breakout in either direction that does not get supported.the move then unwinds and priice moves back to its oribinal breakout point
in p/f terms it is called a pole.I prfer fake..ie a fakeout
 
today has been very good in indeed, and relatively easy for my signals

I think the key has been the confidence and my emotional state. After a good week last week I felt much more relaxed and could focus and pick my trades carefully.

I would say control of your emotions has to be part of your trading strategy.
 
todays action on 1 minute data
a decent move down/red
move up /entry on red
note how the latest "x " column has no support as yet..that is the move up from 3pm
2h3c70p.gif
 
My system figured out trap last Friday and gave me a warning... that's why I kept quite today... I owe my system a DRINK..... :clap:
 
China’s PMI index on manufacturing activity fell in January to 49.8, below the 50.0, thus signaling an industry in a contraction phase.
 
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