Anyone scalping the FTSE Futures??


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I swing trade the FTSE100 Looking for 200 pts+ Expecting a drop to 6000 - 6200 then back up to 6800 - 7000


6 0
I'm a DOW, and forex majors pair trader. Can anyone tell me do the DOW and FTSE correlate?
I assume you are talking short-term. They correlate better if you express FTSE in USD (ie multiply by GBPUSD). Here's the last few days of DJIA (candleS), FTSE (cyan), and FTSE in USD (blue)


Junior member
23 1
If you have not watched my video on my stock market system to predict the moves on the Dow Jones then this is a picture of the indicators I use. This is a 3 month 1 day bar chart of the Dow Jones. The top window is the Dow Jones. Under this is the first indicator that I use to predict the rise and fall. What I am interested in is when the indicator reaches 100% in the green or 100% in the red. You buy into the Dow Jones when the indicator (in red) turns up from 100%. You sell when the indicator (in green) turns down from 100%. As you can see it appears to predict the direction of the Dow Jones very accurately. Let me know what you think.
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