Anyone scalping the FTSE Futures??

[piphoe]

add l es 37.25

 

[piphoe]

dont game this, it is what it is

 

[piphoe]

add l es 40.50

trgt 44

out 45.50

 

[piphoe]

i s es 45.25

 

[piphoe]

i s es 45.25

out + 13 ticks

flat

 

[itspossible]

pork bellies now flat-good profit.

 

[itspossible]

long pork bellies-trade is real-water is good

 

[piphoe]

i s es here 44.50

 

[itspossible]

adding to the pork bellies trade-hedging with grain obviously-this is a realtime trade

 

[swissy]

FTSE - interesting yesterday. Classic of market makers pumping and then taking profits after bears rinsed.

After couple of levels going short - primarily 7100 - 10, got steamrollered and I gave up and waited for the market to culminate before entering shorts.

Always interesting to note the crazy last five minutes trading from 1625-30hrs where stops get taken out before resuming the previous movement.

This has happened quite a few times EOD and could be profitable if you keep your powder dry till 1630hrs as price usually reverts - as it did yesterday aftermarket.

Today some consolidation after yesterdays excitement - looking at support 7050 and rez 7080 for starters. Lets see.

 

[joseph1986]

FTSE - interesting yesterday. Classic of market makers pumping and then taking profits after bears rinsed.

After couple of levels going short - primarily 7100 - 10, got steamrollered and I gave up and waited for the market to culminate before entering shorts.

Always interesting to note the crazy last five minutes trading from 1625-30hrs where stops get taken out before resuming the previous movement.

This has happened quite a few times EOD and could be profitable if you keep your powder dry till 1630hrs as price usually reverts - as it did yesterday aftermarket.

Today some consolidation after yesterdays excitement - looking at support 7050 and rez 7080 for starters. Lets see.

Pattern after new highs achieved = lower ranges followed by one huge fall....then slow rally up

 

[psaTrading]

Yesterday, the British stock market led the gains on a day the British Pound has considerably devaluated, reaching the minimum of the last 31 years.

 

[Dowser]

Yesterday, the British stock market led the gains on a day the British Pound has considerably devaluated, reaching the minimum of the last 31 years.

We all know this because it's in every news paper and on every website. How is vomiting this information all over this thread useful to us as traders? How will you trade today based on these insights?

 

[piphoe]

out es l @50 from 42 yesterday..

+8 pts

 

[itspossible]

TOOK +15 bellies profit-from yesterday-real trade

 

[joseph1986]

We all know this because it's in every news paper and on every website. How is vomiting this information all over this thread useful to us as traders? How will you trade today based on these insights?

it's not an actual person................

 

[piphoe]

just view the markets as WATER

The trader must be like water, the market is the container. Water takes the shape of the container, like the trader must adapt to the changing market conditions.

be formless, shapeless. be like water

:smart:

 

[Dinos]

The trader must be like water, the market is the container. Water takes the shape of the container, like the trader must adapt to the changing market conditions.

be formless, shapeless. be like water

:smart:

or learn to trade price action, every indicator /oscillator and trend line can only be generated from what the price does, takes away the guess work

 

[piphoe]

or learn to trade price action, every indicator /oscillator and trend line can only be generated from what the price does, takes away the guess work

Exactly. Indi's manipulate the raw data into something that appears more palatable ..satisfying but in effect is nothing more than... distortion.

as the price ebbs & flows, ebb & flow with it. be like water

 

[piphoe]

i l ym here