Anyone scalping the FTSE Futures??

[2be]

short DOW 18224

 

[2be]

short DOW 18224

at BE
just in case
PT 50 pips

 

[Dentalfloss]

levels to watch as we posted on Sunday

job done

 

[2be]

at BE
just in case
PT 50 pips

taken 10 pips, that is it for me today

 

[macgyver]

None of us likes to hear of anyone making a loss, theres enough money being pumped in each month for us all to have a piece of the pie.

As to whether to close a short on the dax? Look at the last 5 years on a daily chart that says it all. There would need to be a reason for the Dax to turn around now and at the moment (short of all out war with Russia) things are just getting better and better in Germany. Euro QE is only just beginning, all time highs on Dax, FTSE, Dow. The longer you stay in that short the more money your going to lose.
Walk away, have a think about a different strategy, and come back when youve gotten over the anger and accepted the loss. At the moment your still in denial, you need to move on.

Thanks for the kind words and the advice. Would close my positions as soon as it pulls back a bit.

 

[paszkman]

Would close my positions as soon as it pulls back a bit.

how far is a bit?

 

[Jessi_trader]

Short DOW as well @ 18207

Closed 75% at 18159

 

[Jessi_trader]

Closed 75% at 18159

Placed limit order @ 18155 on rest.

 

[Jessi_trader]

18160 :cheesy:

Remember that number from yesterday???:whistling

 

[Jessi_trader]

Placed limit order @ 18155 on rest.

Closed rest at 18205

 

[Dentalfloss]

dax over the last week
areas of interest if it retraces

 

[Dentalfloss]

dow
really messy price action over the last week
However..we wont be beaten
we got rid of the alot of the noise by going to 4 box reversal
price retraced today to horizontal support/red

 

[Jessi_trader]

There should be another attempt to breach 18160 ....

 

[Dentalfloss]

areas to watch tomorrow if it retraces

gone up to 5 box reversal to eliminate more noise

 

[Dentalfloss]

and
we can go to log box setting to cut more cr$p out
price action is really well defined when its noisy

note the horizontal supp area shows clearly/aqua

 

[Dentalfloss]

There should be another attempt to breach 18160 ....

could be

18130 to watch

 

[Jessi_trader]

could be

18130 to watch

looking into price action... price bounced back too quickly from support in last hour... there is an unfinished work here.....

bounce shows more of closing reconciliation ... price was unable to move away from 18200...

lets see tomorrow...

 

[Jessi_trader]

I have to go short here... so I am shoring DOW at 18210....

 

[psaTrading]

Asian markets closed higher, highlighting the sharp rise in the Nikkei, which continues to reach new highs of the last 8 years. Boosting Japanese stocks were essentially the depreciation of the yen and expectations that the Central Bank of China may announce new monetary stimulus.

 

[Jessi_trader]

Tomorrow will be full action pack day... if you put any price in the reasonable range will get filled ... going be really choppy....

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