Anyone scalping the FTSE Futures??

[postman]

If we are all now Hagopian converts (and I have found the 'Holy C' as wernluck puts it. According to the Dow 1 minute chart we can expect a drop of at least 40 points below 14,828.

Please tell me if I have this wrong.

wernluck - Thank you so much for introducing me to the "screwdriver" that was missing from my trading toolbox of assorted sized hammers.
I see I can learn a lot from you.

 

[Talbs!]

I've updated it for you - hope you dont mind....

haha we shall see ! im still buying dax on this dip at 50

 

[postman]

I'm out now no more trading until I recover from the high of getting something right.

 

[Talbs!]

Goldman have been right about so many other things in the past - surely we must follow their lead.

think someone is confusing goldmans economists and what they read in the news and what the traders are doing , who knows it could ahve been a customer order but generally there pit boys are good

 

[postman]

think someone is confusing goldmans economists and what they read in the news and what the traders are doing , who knows it could ahve been a customer order but generally there pit boys are good

Yes your right Talbs - its one thing to say it on the TV it's completely different when its their own money. I guess they're looking at it over a longer time frame.

 

[Talbs!]

Yes your right Talbs - its one thing to say it on the TV it's completely different when its their own money. I guess they're looking at it over a longer time frame.

if you want to me real money dont look at 1 min charts, pointless exercise really, when things look like the world is going to end generally it bounces, i might be wrong , looks that way at mom, but im still buying

 

[Martin Gale]

so a test of yesterday's lows look on the cards ..bounce or dive?

 

[Talbs!]

looks like lets sell the sh1t out of it until europe is gone to me

 

[Martin Gale]

looks like lets sell the sh1t out of it until europe is gone to me

DAX is getting creamed: divergence on the FTSE might give a bounce from here

 

[Talbs!]

dax buy at 50 looking ok, double bottom at 40 at mom

 

[postman]

I dont think the bottom is in yet.

 

[SuddenDeath]

@JeffMacke

In the 220 years of trading since the Buttonwood Agreement stocks have never once bottomed on a Friday.

 

[Talbs!]

We could push lower into the close, i still think that gap at 8117 gets filled next week its too big not,all about trading your margin and how deep your pockets are in this market, the fed will see what they have done , bet we get some w/e fed speak if not 8.30 pm our time rumours, who knows all speculation, but dax way oversold here against all markets

 

[postman]

I dont think the bottom is in yet.

What do you guys think ?

 

[SuddenDeath]

Triple- and Quadruple-Witch Explained - Business Insider

These days have become known for the unusual level of trading that takes place on or around them, and they have been named "witching" days after the three witches of Shakespeare's “Macbeth."

This month, the Triple and Quadruple Witch fall on June 21.

Watch below for NYSE floor trader Jonathan Corpina, a senior managing partner at Meridian Equity Partners, explain why there is so much trading activity on Triple and Quadruple Witches and what you need to know about it.

 

[Talbs!]

just not normal ! market will correct this soon -

 

[postman]

@JeffMacke

In the 220 years of trading since the Buttonwood Agreement stocks have never once bottomed on a Friday.

I dont think London or Frankfurt signed that agreement.

 

[Talbs!]

and here comes the backtracking !

Fed's Bullard says Fed may need to increase QE if inflation slows; says FOMC should focus on inflation not unemployment ^EV

 

[SuddenDeath]

yesterdays dow low 14,732 is gone

 

[Talbs!]

haha LOD on equity closes ! RIIIIIIIIIIIIIIIIIIIIIIIGGED