Anyone scalping the FTSE Futures??

pop city babe...don't s this..

(if you do, place that trade here ;)
they are serious
 
Today officially begins the Earnings Season with the presentation of Alcoa's quarterly accounts. The earnings season starts today, but only in the next week is to gain greater intensity. In addition to Alcoa's results will be published on Friday Citigroup accounts, JP Morgan and Wells Fargo.
 
ouch! v-shape reversal here pls

may have to add lower to get my basis down a bit :|
 
piphoe said:
wow this is a pretty scary SO:|

drawing my fibs here...
Click to expand...

These Banks are bitches eh Pip ! They're all busy drawing their fib levels as I type !

........no wait a minute, they're busy smashing out imaginary lines !
 
tokyojoe said:
These Banks are bitches eh Pip ! They're all busy drawing their fib levels as I type !

........no wait a minute, they're busy smashing out imaginary lines !
Click to expand...

nowing when to draw your fibs is the hard part, and not easily put into words.

a feel developed over time..
so i understand your sentiments..

i've drawn mine now(y)

and mabey those bankers have too???
 
piphoe said:
nowing when to draw your fibs is the hard part, and not easily put into words.

a feel developed over time..
so i understand your sentiments..

i've drawn mine now(y)

and mabey those bankers have too???
Click to expand...

Pip, I'm going to tell this for free, when I first got into this game I asked my best mate, a real life person, a time served instu-banker "what do you think of candle sticks ?"

He told me "they are good for seeing in the dark"

I didn't need to ask him what he thought of fibs.
 
tokyojoe said:
Pip, I'm going to tell this for free, when I first got into this game I asked my best mate, a real life person, a time served instu-banker "what do you think of candle sticks ?"

He told me "they are good for seeing in the dark"

I didn't need to ask him what he thought of fibs.
Click to expand...

certainly, bankers have the inside track. but what about rest of us that aren't insider bankers..are we to just throw up our hands and say can't make any $ at this?
 
tokyojoe said:
Pip, I'm going to tell this for free, when I first got into this game I asked my best mate, a real life person, a time served instu-banker "what do you think of candle sticks ?"

He told me "they are good for seeing in the dark"

I didn't need to ask him what he thought of fibs.
Click to expand...
agreed-i traded for 5yrs without the above boll@@@ and still came out on top.
get in a movement and scale out.
if wrong get out -simples.;)
5yrs of statements to follow -after pips.
 
piphoe said:
certainly, bankers have the inside track. but what about rest of us that aren't insider bankers..are we to just throw up our hands and say can't make any $ at this?
Click to expand...

No we don't throw our hands up, we read the accumulation zones, we read the trappy nature of these zones & try to stay neutral as much as humanly possible.

We are gambling at the end of the day, so are the Banks.
 
tokyojoe said:
....& a very hard way to earn easy money mate ;)
Click to expand...

it's not that hard... TODAY is hard for me cause i'm on wrong side...

but most days on right side.

i'll work this out, watch me:eek:

btw, 38.2% = 4860 (by coincidence?)
 
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