Anyone scalping the FTSE Futures??

[psaTrading]

Trend following!

People feel most comfortable in a congestion or a consolidation area, but this may be the most dangerous place to be. So it would be logical to conclude that trading outside the comfort zone shall be the safest and correct one.

 

[Dentalfloss]

Dentist, loving your charts and explainations, i'm learning daily at present

Where do you see the DAX heading this week?

most important aspect of any chart is the trend

 

[Dentalfloss]

Trend following!

People feel most comfortable in a congestion or a consolidation area, but this may be the most dangerous place to be. So it would be logical to conclude that trading outside the comfort zone shall be the safest and correct one.

not quite..imho
congestion in p/f is the place to take positions ready for the break

 

[np74]

charting tool

Hey Guys


any good tool for charting? are there any free tools available or do I need to pay?


any recommendation is welcome!!!

Thanks

 

[Dentalfloss]

^GDAXI 13 Feb 2015 Pivot Points, Fib Pivots and Camarilla
R3 11,067.36 Fib R3 11,039.95 Brk Out Long 10,999.35
R2 11,040.61 Fib R2 11,015.77 Short 10,981.37
R1 11,002.00 Fib R1 11,000.08 HL2 10,975.38
Pivot 10,975.25 Pivot 10,975.25 HL1 10,969.39
S1 10,936.64 Fib S1 10,950.41 LL1 10,957.41
S2 10,909.89 Fib S2 10,934.72 LL2 10,951.42
S3 10,871.28 Fib S3 10,910.54 Long 10,945.43
Brk Out Short 10,927.45

 

[Dentalfloss]

got a feeling the pivots are important with no real direction..lots of uncertainties..imho
bears should be in around 11040 area and above
pivot at 10975 area as first supp
then 10940 horizontal supp from friday..coincides with S1 and Camarilla in that area
then S2 and S3 area coincide with breakout area on p/f chart
lets see what happens
a slight hint of bearish activity towards the close on friday/5 min data..this could all change at the open

 

[Jessi_trader]

Morning all...

 

[paszkman]

If nothing is leaked from EU meeting today, could be a slow day with US closed?

To fill in the time, here is an interesting doco about stress:

 

[Dentalfloss]

mornin all
Cam breakout short held...just

 

[paszkman]

mornin all
Cam breakout short held...just

"cam" = ?

 

[Dentalfloss]

"cam" = ?

camarilla

 

[Dentalfloss]

back in that Camarilla zone
see if it holds

 

[Fugazsy]

EU just broke after a very slow start....

 

[np74]

Dax

DAX is almost @10924 anyone taking long position?

 

[Dentalfloss]

 

[psaTrading]

Today’s meeting of the Eurogroup assumes crucial importance, after the impasse lived at the meeting last week. The ceasefire agreed in Minsk took effect yesterday, so the next few weeks the financial markets will observe its implementation. The molds of this ceasefire resemble the agreed in September 2014 and it is recalled that in the days that followed this agreement financial markets were quite sensitive to any rumors or news from that area. The movement of European stock markets should only be conditioned by news and events in Europe and the Asian markets, since today the US market will be closed.

 

[SuddenDeath]

Today’s meeting of the Eurogroup..................

excellent psatrading

 

[f2calv]

DAX is almost @10924 anyone taking long position?

This looks like one of those days where it's probably safer to stay on the sidelines until either;
a) we get some definitive news from the Eurozone meeting
or
b) dax drops 100 points in 2 minutes.
or
c) both

 

[Dentalfloss]

This looks like one of those days where it's probably safer to stay on the sidelines until either;
a) we get some definitive news from the Eurozone meeting
or
b) dax drops 100 points in 2 minutes.
or
c) both

those Camarilla levels worked well today

 

[ffsear]

im not trading this ****