Anyone scalping the FTSE Futures??

[wallstreetwarrior87]

what contract are you trading?

Cash I G index

 

[john jackson III]

Cash I G index

never heard of it. why trade this rather than emini YM contract?

 

[john jackson III]

If this dont hold then its new lows on the day -

too early to make this prediction.

 

[wallstreetwarrior87]

Nothing really to indicate this is going down

Its not so much that you are looking for indication for going down, its more to do with not looking for longs after 15.30pm Uk time, as we had been shown there was no real demand at the high of the day - so its a case of trading against those late longs, and getting something short side in the relevant time sequnce. If we take the day lows then all good, or the days highs all good also, as that is not my direct concern at the time of taking the trade. All im looking at it the current flow (if that makes sense??)

All IMHO

 

[john jackson III]

add another contract @ '133' YM

 

[wallstreetwarrior87]

never heard of it. why trade this rather than emini YM contract?

Whats your commision per 1 lot?

 

[wallstreetwarrior87]

too early to make this prediction.

Gonna take time as we have to use these support levels due to the market being so light on volume. But youre right - its not a prediction, as any support "could" hold, thats why I much prefer to trade the flow as its is in real time.

 

[john jackson III]

Whats your commision per 1 lot?

ok, i get it you're getting a break on commish

 

[wallstreetwarrior87]

never heard of it. why trade this rather than emini YM contract?

Also who are you trading through, then Ill tell you why i do cash

 

[wallstreetwarrior87]

ok, i get it you're getting a break on commish

No comission as such, 1 will work the figures out for your trades vs mine just need the rate you pay currently.

 

[john jackson III]

Also who are you trading through, then Ill tell you why i do cash

happy where I am at, if i ever trade the huge vol you do..

 

[john jackson III]

add another contract @ 27115

 

[wallstreetwarrior87]

happy where I am at, if i ever trade the huge vol you do..

You do know your rate???????

 

[wallstreetwarrior87]

Or who you trade through ? Ill be able to suggest a way to get the fees down for you

 

[john jackson III]

You do know your rate???????

i can look it up. not that important to me right now, what is ...is racking pts.

 

[wallstreetwarrior87]

i can look it up. not that important to me right now, what is ...is racking pts.

 

[john jackson III]

don't care what my commish is, when trading only 20-30 X/day. least of my worry.

 

[john jackson III]

my target here here = '142'

 

[wallstreetwarrior87]

don't care what my commish is, when trading only 20-30 X/day. least of my worry.

Who is your broker is enough?

 

[wallstreetwarrior87]

30 x $3.80 = $114

So you need to make 23 pts on YM just to BE for the day. Seriously, PM me if you want to get your fees down - just trying to help