Anyone scalping the FTSE Futures??

[inzimam]

I hope so. I know hope is not a strategy but it is today.

On 10th May the dow had a 5% drop in 4 days, 1800 points. We're no where near that yet.

crap

 

[inzimam]

new low again...

 

[postman]

new low again...

Financials and Energy pulling it down, tech is up on the day.
Commodity prices nosediving along with earlier than planned interest rate rises.
1800 point fall is 33290

 

[inzimam]

Today is the 7th down day...i thought there was a rule , no more than 5 in a row

 

[postman]

In one week...
Silver down 8%
Gold down 7%

Copper down 13% from its high in May.

Oil down 4% overnight.

A big change in sentiment on the future of manufacturing.

 

[postman]

Today is the 7th down day...i thought there was a rule , no more than 5 in a row

OK we just had a good bounce, chill for a while.
I still say 34,000 by 3pm tomorrow.

 

[postman]

Financials and Energy pulling it down, tech is up on the day.
Commodity prices nosediving along with earlier than planned interest rate rises.
1800 point fall is 33290

They're going for it!

 

[inzimam]

Hopefully not

 

[madharde]

The dow just wont stop falling! Yet the S&P is rock solid.

The same thing has happened over and over. It's just a game of patience, once the Low is in just buy and hold for a while and your quids in.

 

[madharde]

Buy order set @ 33505

 

[inzimam]

The same thing has happened over and over. It's just a game of patience, once the Low is in just buy and hold for a while and your quids in.

Million dollar question.. Where is the low

 

[postman]

Million dollar question.. Where is the low

Who knows.
Just buy in, then buy in 150 points lower then buy in 150 points lower then buy .... you get the idea.
Then sell them all at the new all time high.

 

[inzimam]

Who knows.
Just buy in, then buy in 150 points lower then buy in 150 points lower then buy .... you get the idea.
Then sell them all at the new all time high.

I've been doing that for 1000 points so ...

 

[madharde]

Million dollar question.. Where is the low

Usually at a S/R Zone. Or just use a pinbar, they usually work

 

[postman]

I've been doing that for 1000 points so ...

So you gunna be rich!

 

[postman]

3rd dow long 33820.

This ones in profit.

 

[inzimam]

upper target for today?

 

[Artycharty]

If the yearly R1 pivot usually givesa 10% drop.Then you are looking at 32K

 

[Artycharty]

Updated

 

[Artycharty]