Anyone scalping the FTSE Futures??

[zorbas]

SP500 dec futures hit 20 hour high

Thanks

 

[SuddenDeath]

Thanks

on a daily basis 1432.2 is bullish threshold

1432.2 = 5781.

would u say 5781 level has been significant in todays trading?

 

[hereward the wake]

on a daily basis 1432.2 is bullish threshold

1432.2 = 5781.

would u say 5781 level has been significant in todays trading?

I'm at a loss too WHY is 1432.2 a bullish threshold?

 

[hereward the wake]

Sd.

Edit. Got it you are using sb charts, hence difference.

 

[SuddenDeath]

Sd.

Edit. Got it you are using sb charts, hence difference.

excellent

 

[zorbas]

I entered long DAX @ 7304 about one hour ago. I think it can have some legs up.
Read that there was some easing from China.
Introduced a stop just above beakeven.

was just stopped out..

 

[zorbas]

was just stopped out..

Not so good news from US. GDP revised down and durable goods orders fell.
Only jobless claims came better. This may provide support.

 

[SuddenDeath]

Not so good news from US. GDP revised down and durable goods orders fell.
Only jobless claims came better. This may provide support.

think the market has accepted bad gdp data. and that economy is weakening. there are many non traditional ways to get a heads up on gdp. railway tonnage, containers at the ports. electricity usage. etc.

 

[zorbas]

Not so good news from US. GDP revised down and durable goods orders fell.
Only jobless claims came better. This may provide support.

Entered again @ 7301

 

[SuddenDeath]

dow transports is one more

true, UPS/Fedex price charts also.


I wanted to send u something about market breadth article, but u dont have "send private message" on your drop down menu

 

[zorbas]

Entered again @ 7301

Hope it doesn't fall again like a rock

 

[jungerns]

Hope it doesn't fall again like a rock

Personally feel Zorbas that we are all likely to make more Pointage Shorting any Rallies............??

Only my opinion obviously.

 

[zorbas]

Personally feel Zorbas that we are all likely to make more Pointage Shorting any Rallies............??

Only my opinion obviously.

I have the same opinion. Just I had the feeling that today It could go a little up.
Got stopped out almost immediately at the 2nd entry.

 

[SuddenDeath]

Dow important level was 13,435

FTSE 5792

both levels did not hold so far

 

[jungerns]

I have the same opinion. Just I had the feeling that today It could go a little up.
Got stopped out almost immediately at the 2nd entry.

How tight do you have your stops ??

 

[SuddenDeath]

this room has been very quiet today.

 

[jungerns]

this room has been very quiet today.

Still the most overall number of Viewers on the forum no matter what part of the day it is....

Was going to put up earlier Nicks views from FTSE Day Trader. He's of the opinion that its 5500 here we come soonest.....

 

[zorbas]

I have the same opinion. Just I had the feeling that today It could go a little up.
Got stopped out almost immediately at the 2nd entry.

For long positions as of today I usually set 10 points and as it advances i gradually advance the SL until breakeven or upper.

For shorts, it depends, on Friday I shorted at 7460 with no SL in place. Usually 15-20 points. I feel more comfortable with short positions at these high levels.

 

[zorbas]

Entered again @ 7301

On the 2nd entry I already had advanced my stop to 5 points and it was taken, which retrospectively it was right, beCause then it colapsed more.

 

[SuddenDeath]

Still the most overall number of Viewers on the forum no matter what part of the day it is....

Was going to put up earlier Nicks views from FTSE Day Trader. He's of the opinion that its 5500 here we come soonest.....

Nick is very good on FTSE,
40 days to the US election. 6th nov. i think they want this market higher, need to work out exactly the day they calculate the fund performance for those 401ks. i would guess pressure on the manipulators to get it bid up.

today the market absorbed a dreadful durable goods number, think the sellers are exhausted,