Anyone scalping the FTSE Futures??

The main poster was Martin and I think he is taking a break from trading.

This was a good thread when people were posting actively
 

Struggling to make any head way trading at the moment, de-risked after the VIX jumped sharply, staying short the s&p, cut my FTSE bull, bought Tullow oil after their east africa oil find.. but made no difference as they have fallen inline with the FTSE
 
Well if it helps anyone, I could post my trades. You will make money by doing the complete opposite!

Long 5628
 
Struggling to make any head way trading at the moment, de-risked after the VIX jumped sharply, staying short the s&p, cut my FTSE bull, bought Tullow oil after their east africa oil find.. but made no difference as they have fallen inline with the FTSE

Hi, you believe in long/short pairs trading? have you been to a anton kreil seminar?
 
Struggling to make any head way trading at the moment, de-risked after the VIX jumped sharply, staying short the s&p, cut my FTSE bull, bought Tullow oil after their east africa oil find.. but made no difference as they have fallen inline with the FTSE
If you buy TLW AFTER the oil find, then would "buy the rumour, sell the news" be in effect
 
Where does 5670 come from SD?

I use the sp500(spy) to trade the ftse100,

The daily buy trigger is 138.22 for spy, which given the ratio of spy-ftse100 = 41.065, gives us a value of 5675 for ftse, as the daily pivot for being long above this level and short below
 
No, but I would be interested in anything that could refine the direction.

I tend to take a start position and hedge if it starts to go the wrong way. Biggest problem is closing too early i.e. the +5 stop (although it didn't today) is hit more than it isn't so I should probably just close the trade - I must do some stats on this to see if the reality matches the gut feeling.

Now be+37

And closed out as I type
 
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