Anyone scalping the FTSE Futures??

[SuddenDeath]

the dollar is very important, whenever the dollar is +50pips from yesterday at 4.30pm, it is a bullish indication for the ftse100

gbpusd went +50pips from yesterday 4.30pm time at 9.30am today, this was bullish for ftse, if u see it down 50pips from 4.30pm then is bearish, its the key to direction

 

[SuddenDeath]

slowing or pausing?

the dollar is key to find direction for ftse100

 

[samirs]

the dollar is very important, whenever the dollar is +50pips from yesterday at 4.30pm, it is a bullish indication for the ftse100

gbpusd went +50pips from yesterday 4.30pm time at 9.30am today, this was bullish for ftse, if u see it down 50pips from 4.30pm then is bearish, its the key to direction

sterling is where it was yesterday at 1630...may be slightly higher at the moment ....

 

[lurkalot]

So SD, yesterday 4.30 5932, ftse bullish at 5982?

 

[lurkalot]

long 5697

stopped be+1

 

[lurkalot]

Try again long 5697

 

[samirs]

Uk ppi @ 0930

http://t.co/jUCCem9X

 

[SuddenDeath]

So SD, yesterday 4.30 5932, ftse bullish at 5982?

Hi, the levels for FTSE100 are bullish above 5711 and bearish below 5690, the SPY is the one to watch its harder to manipulate than FTSE100.

SPY levels bullish above 138.22
bearish below 137.18

the dollar is flat from yesterday at FTSE100 close.

You can go long FTSE100 and only close half if SPY goes below 138.22 and close all at 137.18

My hunch for Dow today is that it will be flat to down on closing basis, yesterdays strong move needs to be digested, You can look at a chart of the dow and notice the candle after each strong up day.

 

[samirs]

FOMC Member Bill Dudley speaking now and core CPI in 30 minutes

Rocket ready to launch or will the boat sink further

 

[samirs]

CPI 0.3%, core 0.2%, both as expected....so no QE3?

 

[samirs]

only hope in Prelim UoM Consumer Sentiment at 1500 GMT being poor and later Bernanke speaks at 1800

 

[SuddenDeath]

only hope in Prelim UoM Consumer Sentiment at 1500 GMT being poor and later Bernanke speaks at 1800

think UOM was close to highest level for 3 or 4 years

 

[SuddenDeath]

sterling is where it was yesterday at 1630...may be slightly higher at the moment ....

notice the movement of gbp/usd from the 9pm close of the dow to the next days dow open, gbpusd fell heavily,

 

[SuddenDeath]

Legendary floor trader William Greenspan - Day Trading Made Simple - YouTube

 

[neil]

Legendary floor trader William Greenspan - Day Trading Made Simple - YouTube

Interesting video - thanks

 

[SuddenDeath]

Interesting video - thanks

if you look in the channel that video came from, you will find a few more good ones about trading

 

[SuddenDeath]

FTSE100 levels

5660 buy
5650 sell

 

[samirs]

FTSE100 levels

5660 buy
5650 sell

assuming you are talking about cash not futures

 

[SuddenDeath]

assuming you are talking about cash not futures

yep, sorry i should make that clear

go long above 5660

go short below 5650

cash = future +50pts

 

[SuddenDeath]

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

so where did the ftse100 traders go?