Anyone scalping the FTSE Futures??

[postman]

Hmmm. Catching a falling knife eh! Never good.

The trendline we broke calls for a retest at 6280 but I'm scalping so I'm out now (+30).

My opinion (read guess) would be that we hit 6280 today and look for a push upwards next week. But that's crystal ball stuff.

There's 6280.

So a long here for me at 6279 !

 

[Dick Lexic]

maybe 7 pm will bring a spark

 

[postman]

Here we go ........... 15,300 anyone!

 

[postman]

maybe 7 pm will bring a spark

Good call !

 

[postman]

maybe 7 pm will bring a spark

It's a bit subdued.

 

[wernluck]

Dick
i finally got your median line...doh!i was being a bit slow..
i dont think we can draw an upsloping PF until a minor swing is taken out..(i.e 15245 would be the last minor swing high..
until the top black lines are taken out the flow is down..
this is emphasised by the outside bar down at the lines
could be rangebound as samirs says
but in a downtrend support is there to be broken

 

[samirs]

short covering seems to have started

 

[Dick Lexic]

thanks w ....we're just looking for a higher high before drawing the line?

 

[wernluck]

thanks w ....we're just looking for a higher high before drawing the line?
yes,
as soon as a minor swing is taken out we can draw in the new PF

 

[Dick Lexic]

thanks w ....we're just looking for a higher high before drawing the line?
yes,
as soon as a minor swing is taken out we can draw in the new PF

any view for next week?

 

[Dick Lexic]

It's a bit subdued.

looks like dow below 15100... a bit bearish unless the fiddle it up after hours

 

[postman]

Its just a big scrap to manufacture the Dow futures closing at 15,000 on a Friday.

 

[wernluck]

any view for next week?
............

flow is down
so sell the pullbacks..

and yourself?

 

[postman]

Have a good weekend everyone.

 

[bustech]

ASX is a buy on Monday, S.4,732, R 4,775 & C 4,750

But we still face the problem with Japan's bond yield's.

So fasten your seat belt's for more overnight action next week.

 

[samirs]

Stocks Slide, VIX Ends At Highest Weekly Close In 2013

 

[Dick Lexic]

any view for next week?
............

flow is down
so sell the pullbacks..

and yourself?

i still have the long signal so looks like more nibbling for me

 

[wernluck]

may the cash be kind and the futures be your friend
have a great weekend all

 

[Dick Lexic]

this trading lark is hard sometimes .....time for a beer

 

[Dentalfloss]

dow index H2
coiling up and ready to pop
if you get the direction wrong...then double up on the other side