Anyone scalping the FTSE Futures??

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[postman]

🚀🌔

 

[Majid (boombastic)]

I have seen a lot of head and shoulders patterns in my time and this doesnt look like one of them. Just my opinion.
Take a look at the 200 day MA and you'll see its going up in a straight line, its not looking like a reversal.

Of all chart patter h&s has the highest probability of being successful.

 

[postman]

Of all chart patter h&s has the highest probability of being successful.

Agreed, if it actually IS a H&S pattern.

 

[inzimam]

what is going on man....

 

[postman]

what is going on man....

Twitchy ahead of important data.
Unenjoyment numbers AND inflation.
Inflation is the big one this time.

 

[postman]

Dow is 600 points off new all time high. Were not going to get that this week even with good numbers.

 

[postman]

8 hours of yesterday's losses on the dow all gone pre market.

 

[Majid (boombastic)]

Agreed, if it actually IS a H&S pattern.

Shorting the dow open and holding for 10-20 minutes sometimes more seems to be working many times what do you think postman?

 

[postman]

Shorting the dow open and holding for 10-20 minutes sometimes more seems to be working many times what do you think postman?

Yep I'm short at 34600 with a modest 50 point limit for the open.

 

[postman]

The inflation number wasnt screamingly bad but it is showing consistent high inflation which should force the fed to act earlier than anticipated.
Although most people think the fed 'acting' means increasing interest rates early, they will probably 'act' by printing moar money. 🤦‍♂️

 

[Artycharty]

Into the open

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]

 

[Artycharty]