Anyone scalping the FTSE Futures??

just had a look at the GBPUSD, daily, it seems that the 7 day simple, using previous day level makes for a good buy/sell trigger
 
yip....hear we go again:LOL:

you remember when the SB low was above the actual low, and I surmised t was because the real low was at fib 50% level and sb's company did not want to let all those longs on board for the sharp multi day move higher

sorry to be obvious,
 

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you remember when the SB low was above the actual low, and I surmised t was because the real low was at fib 50% level and sb's company did not want to let all those longs on board for the sharp multi day move higher

yes and i said you guys all got stopped out and the sb's didn't

if i remember right our sb charts worked out a peach that day...fib and all:)
 
yes and i said you guys all got stopped out and the sb's didn't

if i remember right our sb charts worked out a peach that day...fib and all:)

People would be buying or looking for a rebound from the 50% fib. if the SB saw their were stops at the 50% level they would have spiked below that level but there were buy orders there which sb's did not want to trigger
 
People would be buying or looking for a rebound from the 50% fib. if the SB saw their were stops at the 50% level they would have spiked below that level but there were buy orders there which sb's did not want to trigger

and so my charts worked out just fine:)....i think sometimes you complicate things a bit sd....
 
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