Anyone scalping the FTSE Futures??

FTSE was at 6006 on 25th June, only last week. We are looking at 6500+ already its insane. July is supposed to be the start of bear season.
 
TrendLines said:
FTSE was at 6006 on 25th June, only last week. We are looking at 6500+ already its insane. July is supposed to be the start of bear season.
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well sell in may, so we got the june "correction" and we seem to be retracing

Carney the currency debaucher, all ftse foreign earners being boosted,

carney issued a statement anyone come across it yet?
 
The MPC’s statement is a clear sign that the Committee regard the recent rise in UK rate expectations as overdone and harmful to the UK economy’s prospects, and also is a fairly clear hint that the MPC are likely to initiate forward guidance at the August meeting or soon after. Our base case is that the MPC will implement Fed-style forward guidance at the August meeting, committing to not tighten via Bank Rate or QE at least until the jobless rate is down to 6.5% or 7%, unless the MPC’s inflation forecast two years ahead is at least ½% above target or inflation expectations become destabilised. It is possible that the MPC will set a threshold in terms of nominal GDP growth, but we regard the jobless rate as more likely. With the UK jobless rate around 8% over the last four years, such a framework would set the stage for a long period of ultra-low rates: the IMF expect the jobless rate to fall to 6.5% only in 2017 and the OBR expect it will take until 2018.
 
SuddenDeath said:
The MPC’s statement is a clear sign that the Committee regard the recent rise in UK rate expectations as overdone and harmful to the UK economy’s prospects, and also is a fairly clear hint that the MPC are likely to initiate forward guidance at the August meeting or soon after. Our base case is that the MPC will implement Fed-style forward guidance at the August meeting, committing to not tighten via Bank Rate or QE at least until the jobless rate is down to 6.5% or 7%, unless the MPC’s inflation forecast two years ahead is at least ½% above target or inflation expectations become destabilised. It is possible that the MPC will set a threshold in terms of nominal GDP growth, but we regard the jobless rate as more likely. With the UK jobless rate around 8% over the last four years, such a framework would set the stage for a long period of ultra-low rates: the IMF expect the jobless rate to fall to 6.5% only in 2017 and the OBR expect it will take until 2018.
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Thanks SD, another reason the FTSE has charged ahead.
 
So. Last Friday I was bearish on the Dow along with a number of other people, and now I'm wondering what has changed between then and now and the answer is nothing. Yet there seems to be a general feeling of bullishness for the Dow. I'm not getting sucked into the 'emotion', I will wait to see what happens after the open before entering a trade. (y)
 
FTSE is going to continue to rise, just go with it, hate NFP such a lottery, dont liek the fact the DAX got smacked from 70 to 40 at 1 oclock for no reason though
 
Talbs! said:
FTSE is going to continue to rise, just go with it, hate NFP such a lottery, dont liek the fact the DAX got smacked from 70 to 40 at 1 oclock for no reason though
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gbpusd getting killed

eurusd sitting on 10mth trendline 1.2828

it was sitting now fallen through 1.2812

King Dollar
 
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barjon will be happy

dow index needs to test that sweet spot
M30 data
should be around 14880 area
a 50% retrace of the push upwards
to see if the bulls are still around
33w30ua.gif
 
malaguti.....slap bang on the button

to all..never load up too much on your charts..






watching Al Murray..the pub landlord on centre court now
now for the big stuff on sunday
 
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FTSE king in July.

ASX buy on Monday.

Looking for 4,835/45, current 4,819

Shorts in play above 4,865 - Monday only

Expect pull back in futures open, before cash open 2 hour's later

Patience is key.
 

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