Anyone scalping the FTSE Futures??

[SuddenDeath]

i've had a go at both sides today but im on the side ....wouldn't surprise if we see 6637 again today although it looks unlikely at the mo .....sometimes my system goes against all logic....

sp500june could not get above bullish signal level 1651 or on hourly 1647.2

ftse low implied dow minus 182 !

yesterdays price action looks like very weak retracement off wed 106pt drop


"sell weakness, buy strength"

 

[Dick Lexic]

where's the cavalry?

 

[zorbas]

where's the cavalry?

Hi All

Marketwatch has the same grim headline all day.
Wait for this to change and the cavalry will appear.

 

[samspade79]

Cavalry is here

"Eurozone unemployment reaches new record high in April"

With news like that, be green in no time.

 

[SuddenDeath]

Cavalry is here

"Eurozone unemployment reaches new record high in April"

With news like that, be green in no time.

 

[samspade79]

Phew already up 5pts SP. DAX only 50pt bounce, they must not have shown enough of an increase in unemployment.

 

[Talbs!]

Afternoon from sunny Marbella guys ! Been some great moves , hope you have all been doing well ! Hearing over and over about someone who bought 1640 weekly S&P puts in size so expect to see them get thumped after Pomo ends if not before ! Target is 1610 I beleive ! This china pmi sub 50 rumour going to weigh going into weekend !

 

[Dick Lexic]

anyone hear a trumpet?

 

[Dick Lexic]

hello talbs hope your enjoying your hols

 

[SuddenDeath]

afternoon Talbs and Samspade, it is very sunny in UK also

 

[bustech]

Afternoon from sunny Marbella guys ! Been some great moves , hope you have all been doing well ! Hearing over and over about someone who bought 1640 weekly S&P puts in size so expect to see them get thumped after Pomo ends if not before ! Target is 1610 I beleive ! This china pmi sub 50 rumour going to weigh going into weekend !

Hope the US sells off and bad PMI over the weekend.
Will be great for longs on Monday morning in Asia.
Don't forget the sunscreen, maybe even need it back in the UK.
Even Dick was painting the fence the other day.

Add
Japan out of hours is down 300 points -2% for Monday.
Aussie GDP and a lot of global bond auctions next week.

NFP for end of week.
Good news is bad news.
Bad news is good news.

 

[Talbs!]

So I hear I'm back next Thursday so hope the sun sticks about ! Yes bustech ideal scenario sell off today sell off in Asia early so get long for new month buying ! Easy this game

 

[Dick Lexic]

Hope the US sells off and bad PMI over the weekend.
Will be great for longs on Monday morning in Asia.
Don't forget the sunscreen, maybe even need it back in the UK.
Even Dick was painting the fence the other day.

Add
Japan out of hours is down 300 points -2% for Monday.
Aussie GDP and a lot of global bond auctions next week.

NFP for end of week.
Good news is bad news.
Bad news is good news.

yip and now i'm sitting on it

 

[SuddenDeath]

suffering is over now, everything is fine

 

[Dick Lexic]

you got a divorce ?

 

[SuddenDeath]

you got a divorce ?

nope, lol the ftse rallied above 6594

 

[SuddenDeath]

everyone here get mrtopstep's opening print email?

 

[Dick Lexic]

no

 

[Dentalfloss]

dow index just before the open
a triangle

which way will it break ??

 

[Dentalfloss]

dow chart is 15 min data
high box size..45 by 3 reversal
shows that triangular consolidation
no real idea of which way it will break...but ...15165/a close below that turns the chart slightly nasty..so expect good support in that area
with triangles in p/f.if you get the direction of the break wrong....double up on the other side..
but triangles can recoil cos the market can misinterpret information
triangles..usually mean that the market is waiting for some big inspiration...nfp next friday
bernanke speaks on sunday and and ecb press conference on thursday