Anyone scalping the FTSE Futures??

[tar]

Hurricanes in New York on 4th July!

https://twitter.com/weatherchannel

Ahhh bless.

Bullish ...

 

[tar]

Greed is good.

Remember what happened to him!

 

[psaTrading]

U.S. stocks rose to records, as gauges of factory output in major economies signaled expansion.

The U.S. economy is seen as stable. Valuations are not cheap, but that doesn’t mean the end of the bull market.

Major Indexes benefited and climbed significantly today.

We might watch to a narrow day in the markets tomorrow.

 

[12WBT]

Anyone else think Dax 10,000 by Friday.

Might find a few more sellers this time on the way up.
Could be few stuck in longs on the way.
Mind you NFP Thursday could confuse the market this week.

 

[postman]

Yes I expect tomorrow to be fun... bid rate first and then NFP and an ECB press conference kicking off at the same time lol.

Yes it will be difficult to know if were going up fast or super fast.
I'm long dax 9908 stop 9860 Target 10,000 and beyond....

 

[lexcorp]

obviously risky as we know it goes UP over time, but small size.
Short 9910

 

[lexcorp]

stop at 9928

 

[postman]

obviously risky as we know it goes UP over time, but small size.
Short 9910

 

[postman]

Was v focused on the open so just saw this... was long with you from around 9908, but have closed it all about 10 pts higher.

.

 

[Dentalfloss]

use your girlfriend as a trading signal

 

[lexcorp]

Nearly got me there. 2 ticks shy. No doubt will get me on the next run. Serves my right if it does, though. We all stray sometimes.
'Long only' is an inbuilt traders edge!

 

[Maddog79er]

Short DAX @ 9924
Struggling for direction and I can see a bit of selling coming this afternoon.
Stop 9950
Target 9850

 

[postman]

use your girlfriend as a trading signal

I like this one better.

Does anyone know what Hubris means? I'm going to keep quiet now.

 

[postman]

Yes we may see some selling and yes Dax did shoot up a lot late yesterday, but there was a lot of pent up buying and it looked like the market was being held down. I think theres still a lot of upward pressure and given Draghi CUT rates last month hes hardly likely to raise this month.
Still thats rational thinking for you and these markets certainly aren't that.

 

[Maddog79er]

Yes we may see some selling and yes Dax did shoot up a lot late yesterday, but there was a lot of pent up buying and it looked like the market was being held down. I think theres still a lot of upward pressure and given Draghi CUT rates last month hes hardly likely to raise this month.
Still thats rational thinking for you and these markets certainly aren't that.

I agree that the momentum is certainly up but I think we could see a pause, if not a small pullback from here. The Americans are as always over optimistic and European markets are a better picture. I think if the American markets drop a bit today then the FTSE and DAX will slowly drift down into the end of the week. Watch this space!

 

[postman]

If your scalping you can pick up 5 or 10 points in either direction. Its difficult to post those trades in a timely way. My trade is more longer term so theres room for profit either side.
Anyway, nothing can go wrong, I'm wearing womens slacks!

 

[hereward the wake]

I grabbed a quick 10 from the 1/2 step to my bias today of 9911

 

[postman]

As Postman says, not easy to call scalp trades in a choppy 10pt range, but possible to put some green on the P&L.
Here's my progress so far. I vary position size, but as a std posn size this totals +16.5 pts.

:clap:

Thats the first hour over with and no downside, which is a good sign. Creep up from here into the Dow open maybe 20 or so points.

 

[lexcorp]

too fast to post. Cut my losses at -10 and flipped long.
(long from 9920 now)

 

[postman]

too fast to post. Cut my losses at -10 and flipped long.
(long from 9920 now)

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