Anyone scalping the FTSE Futures??

[Soloquan]

Dow has bounced straight off that first resistance level, ftse still holding support level, if ftse breaks this now I'm short for sure.

Holding up far too well for my liking. Think this is it now until US open

 

[SuddenDeath]

Dow has bounced straight off that first resistance level, ftse still holding support level, if ftse breaks this now I'm short for sure.

Holding up far too well for my liking. Think this is it now until US open

good luck

 

[hereward the wake]

my short/long coming good at last +15 now. What did you guys think of my ftse/dow note by the way?

Fine piece of work thanks for sharing going to incorporate it into my thinking

 

[Soloquan]

You think the market might be artificially inflated by traders driving the price up so there is more to sell at 14.30?

 

[SuddenDeath]

my short/long coming good at last +15 now. What did you guys think of my ftse/dow note by the way?

the "note" = word doc about the relationship between dow/ftse

 

[SuddenDeath]

gold manipulation, cnbc guest asking for investigation

video

The price of gold has been manipulated. This is more scandalous than Libor – Telegraph Blogs

 

[Soloquan]

Nice down looking move

Again just conscious of the bounce here, ftse approaching daily S3 level

looks like it really needs Dow to break that 12500 mark

 

[Dick Lexic]

Nice down looking move

Again just conscious of the bounce here, ftse approaching daily S3 level

looks like it really needs Dow to break that 12500 mark

where do you get your levels from? normal daily calc gives S3 5490?

 

[Soloquan]

I've got it as 5482

H+L+C/3

Depends on what you class as 'close' obviously will give a different number. I take close as 17.00pm

 

[SuddenDeath]

12,500 dow is 50% retracement of the move up from 12035

 

[SuddenDeath]

Nice down looking move

Again just conscious of the bounce here, ftse approaching daily S3 level

looks like it really needs Dow to break that 12500 mark

would it be better to use the Dow pivots and s1/s2 then transpose them onto FTSE100?

 

[SuddenDeath]

5600 ftse = 50% retracement on Dow move up from 12035

 

[barjon]

the "note" = word doc about the relationship between dow/ftse

aye - if anyone got more than a passing interest i've got an excel thing to enable you to keep track

 

[Soloquan]

would it be better to use the Dow pivots and s1/s2 then transpose them onto FTSE100?

Here's what I'm looking at right now, as you can see the price on both Dow and Ftse trading under a support level which is now resistance....

not sure how I would go about transposing Dow S/R onto ftse?

 

[SuddenDeath]

Here's what I'm looking at right now, as you can see the price on both Dow and Ftse trading under a support level which is now resistance....

not sure how I would go about transposing Dow S/R onto ftse?

transposing might be wrong word, FTSE= Dow divide by 2.231 currently.

if u have a support level on Dow say 12,550 this equates to 5625 (12550/2.231)

 

[Dick Lexic]

think somethings gonna hit the fan

 

[Soloquan]

transposing might be wrong word, FTSE= Dow divide by 2.231 currently.

if u have a support level on Dow say 12,550 this equates to 5625 (12550/2.231)

This is genius

thank you think this might help me a lot

 

[SuddenDeath]

aye - if anyone got more than a passing interest i've got an excel thing to enable you to keep track

thanks barjon, is it very hard to understand, does it contain macro's?

 

[SuddenDeath]

This is genius

thank you think this might help me a lot

no thanks required. good luck

 

[hereward the wake]

Rio daily chart nasty adx and trend break