Anyone scalping the FTSE Futures??

[f2calv]

The London Traders Network March 2016 Social Beer Call

I'm planning on going tonight, if anyone is going it would be good to put names to faces

http://www.meetup.com/TheLondonTradersNetwork/events/228580477/

Wednesday, March 16, 2016, 6:30 PM

The New Moon
88 Gracechurch Street
EC3V 0DN
City of London

 

[psaTrading]

The expectation of today’s meeting of the Fed dominated the Asian session. In fact, there has been a decrease in the volume and volatility, and most investors adopted a defensive stance, which explains the decrease of some stock exchanges such as the Japanese and Hong Kong.

 

[postman]

I would expect the oil price to recover now that Russia has been booted out of Syria.

"Oil rises as producers announce meeting on output freeze"
http://www.reuters.com/article/us-global-oil-idUSKCN0WI03Y

What a shocker. Who could have seen that coming. :whistling

 

[postman]

Dax 9980 - easiest 20 points your going to make all day.

 

[Splitlink]

Dax 9980 - easiest 20 points your going to make all day.

I got 40 on FTSE during the budget speech. I'm not boasting. I'm not a consistent winner, but today was worth a mention.

 

[Splitlink]

Thanks for the morale boost. Good Luck to you all, too.

 

[joseph1986]

expected more volatility from fed minutes....

 

[NickBk]

expected more volatility from fed minutes....

You didn't look at fx or gold much I see.

 

[swissy]

FTSE unusually frisky for the time o' the morn. Kept short so far but just went L @6145.. lets see.

 

[f2calv]

^gl with that, I've been scalping a few longs on the dax but I don't think the drop is quite done with

 

[swissy]

FTSE unusually frisky for the time o' the morn. Kept short so far but just went L @6145.. lets see.

Stop hit -5. L again 6136.

 

[swissy]

Stop hit -5. L again 6136.

Closed @6150 now flat.

 

[swissy]

^gl with that, I've been scalping a few longs on the dax but I don't think the drop is quite done with

I think FTSE will bump around 6140 - 150 for a while now. Did you have a few beers last night and gain trading insights? (would like to have gone but wife needs about a month's notice to conduct due diligence on any booze up and I live a couple of hours from London)

 

[f2calv]

I think FTSE will bump around 6140 - 150 for a while now. Did you have a few beers last night and gain trading insights? (would like to have gone but wife needs about a month's notice to conduct due diligence on any booze up and I live a couple of hours from London)

Yeah mate I had a couple more beers than I was planning, so yeah it was a good crack I met Zak from tiptv and John Walsh (the black cabbie trader) who were both a good laugh, all good to get opinions from real people rather than just faceless nicknames on a forum

 

[swissy]

I think FTSE will bump around 6140 - 150 for a while now. Did you have a few beers last night and gain trading insights? (would like to have gone but wife needs about a month's notice to conduct due diligence on any booze up and I live a couple of hours from London)

Well maybe around 6120 - 130 lol. Should have stayed short from this am but I have put a cheeky L in @6124 lets see if it holds for some pips.

 

[f2calv]

I have a dax long under water at 9810ish - I totally forgot my game plan to wait until 9750s ooops!

 

[swissy]

Yeah mate I had a couple more beers than I was planning, so yeah it was a good crack I met Zak from tiptv and John Walsh (the black cabbie trader) who were both a good laugh, all good to get opinions from real people rather than just faceless nicknames on a forum

Worth going to meet Zak! I hope he was on form with his acerbic wit. I don't imagine for a moment there were trading "insights" but a good laugh and maybe some self-deprecation to boot.

 

[swissy]

Well maybe around 6120 - 130 lol. Should have stayed short from this am but I have put a cheeky L in @6124 lets see if it holds for some pips.

Closed @6147. Now flat again.

 

[f2calv]

Worth going to meet Zak! I hope he was on form with his acerbic wit. I don't imagine for a moment there were trading "insights" but a good laugh and maybe some self-deprecation to boot.

There were actually a few trading insights, I was actually surprised by the number of people who have their own stock/forex trading systems based on Excel with a bit of VBA code thrown into the mix... which is a platform I myself wouldn't touch with a bargepole! I guess it showed to me the commitment of non-coders to try their utmost build a "system" regardless if it was out of their comfort zone or skill-centre or not!

 

[swissy]

There were actually a few trading insights, I was actually surprised by the number of people who have their own stock/forex trading systems based on Excel with a bit of VBA code thrown into the mix... which is a platform I myself wouldn't touch with a bargepole! I guess it showed to me the commitment of non-coders to try their utmost build a "system" regardless if it was out of their comfort zone or skill-centre or not!

I'd be in the latter category I'm afraid and I don't even use excel. For my "system" on FTSE I stick to price levels, PA, watching what's happening on other indices (including oil, USD) and use a couple of indicators (mainly BB and RSI) to give me context to make a trading decision. What is VBA code btw?

Thanks.