Anyone scalping the FTSE Futures??

[SuddenDeath]

Well I thought this at 7am THIS morning. But i may be right for tomorrow.

do gapped open , may need some backing and filling tomorrow, locate some level on dow futures to find entry for dax

 

[postman]

Long Dow 15500 LOL

I'm not - I just wanted to type it. Although I think I should be.

Missed 18 points there - not to be sniffed at.

18 points in an hour is a good hourly rate.

 

[SuddenDeath]

morning everyone.

dow cash buy/sell 434/392

be bullish while dow remains above 434, its 466 currently if it holds this into cash session then we have very big upside.

the pivots gave good signals, those shorting will, be punished

 

[postman]

the pivots gave good signals, those shorting will, be punished

Which sounds like just about everybody....

 

[postman]

Dax behavior very odd compared to Dow and FTSE. But then it is only one of the 3 at all time highs.

 

[postman]

160 point fall on the Dow starting ..... tonight.

 

[postman]

160 point fall on the Dow starting ..... tonight.

 

[postman]

I just had a quick short on the Dow @522.

 

[SuddenDeath]

Which sounds like just about everybody....

the movement higher is those shorts closing losing trades, market moves against the majority and the minority are rewarded

i have been considering trading the IG daily options, selling otm put to finance the call on my long target

I would essentially have upside with zero downside

 

[postman]

S&P please stop at 755.

 

[postman]

the movement higher is those shorts closing losing trades, market moves against the majority and the minority are rewarded

I know. The problem is now everyone thinks were going up. Hence my tounge in cheek 160 point fall post. And an opportunistic short which is underwater.

 

[postman]

I will close my short if its not in profit within the next 5 minutes.

 

[postman]

Sellers coming in.

 

[SuddenDeath]

I know. The problem is now everyone thinks were going up. Hence my tounge in cheek 160 point fall post. And an opportunistic short which is underwater.

from the ftse options expiry last friday it gave a contract high for ftse at approx 6760 before the 3rd friday of nov. for committed shorts that would be a place to try and short it.

it is interesting with a vix at 13.2 the absolute move close to close should in theory not be as large as 100pts, might explain the weakness before close yesterday

 

[postman]

the movement higher is those shorts closing losing trades, market moves against the majority and the minority are rewarded

i have been considering trading the IG daily options, selling otm put to finance the call on my long target

I would essentially have upside with zero downside

If the maths works then do it.

 

[postman]

I think we have to test 15500 from the upside then see if it holds !!!

 

[SuddenDeath]

I think we have to test 15500 from the upside then see if it holds !!!

find a level from the futures, 450 cash is one of those levels,

 

[postman]

find a level from the futures, 450 cash is one of those levels,

I'm seeing 15400 close on the futures.

 

[postman]

I just had a quick short on the Dow @522.

I took a quick 17 points and closed half the position. I will hold the rest for later.

 

[SuddenDeath]

I took a quick 17 points and closed half the position. I will hold the rest for later.

nice,