Anyone scalping the FTSE Futures??

[postman]

Dom's view

Home > Comment > The Trader
FTSE to fly shortly
FTSE to fly shortly

...

I was just about to post how the FTSE hasnt moved in 11 days. It is clinically brain dead the body is just twitching like a headless chicken.
Its at the same level it was on 22nd Oct, and less than 1% above mid september levels.
You wont make money shorting it but I doubt you'll make much going long. Its just not that type of index.

 

[hereward the wake]

htw how does dom know how the retail punter is positioned?

Doesn't one of the sb companies show who is long/short and on what?

 

[Jessi_trader]

Who is Dom?

 

[postman]

Dax touched 9300 new resistance perhaps?

New support more like, its through 9300.

 

[postman]

Dom's view

Home > Comment > The Trader
FTSE to fly shortly
FTSE to fly shortly

I was just about to post how the FTSE hasnt moved in 11 days. It is clinically brain dead the body is just twitching like a headless chicken.
Its at the same level it was on 22nd Oct, and less than 1% above mid september levels.
You wont make money shorting it but I doubt you'll make much going long. Its just not that type of index.

It's flying like a penguin.

 

[hereward the wake]

Who is Dom?

Hi JT..... Dominic Pickard of Investors Chronicle he is v good.

 

[ianhey]

Doesn't one of the sb companies show who is long/short and on what?

Yes IG have their Insight pages.

Currently FTSE 54% long
DAX 85% short
DOW 79% short.

 

[SuddenDeath]

Who is Dom?

this is his twitter page

https://twitter.com/DominicPicarda

 

[hereward the wake]

Yes IG have their Insight pages.

Currently FTSE 54% long
DAX 85% short
DOW 79% short.

That's the one cheers

 

[SuddenDeath]

current high 6700 should do 6715 easily

hmm this not looking too clever

 

[hereward the wake]

hmm this not looking too clever

6688 = today's dow buy pivot (16,083)

 

[SuddenDeath]

6688 = today's dow buy pivot (16,083)

yes

dow should not go below that level,

iran nuke deal adds extra element to normal, buy pivot strategy.

"sell the news" how big a up spike will we get on open ? big enough for people to safely "sell the news" ?

 

[SuddenDeath]

FTSE 6693

but dow 16,105

 

[Jessi_trader]

Hi JT..... Dominic Pickard of Investors Chronicle he is v good.

this is his twitter page

https://twitter.com/DominicPicarda

Ah, I know him , I buy IC every week

 

[hereward the wake]

yes

dow should not go below that level,

iran nuke deal adds extra element to normal, buy pivot strategy.

"sell the news" how big a up spike will we get on open ? big enough for people to safely "sell the news" ?

Well if 79% of IG are short dow ... go long

 

[postman]

Dominic tweets this link http://video.ft.com/2857518695001/How-to-spot-a-bubble/Editors-Choice
Where the commentator 'Vinny' makes the point "This is the most hated bull market in history" and he's right! Why is this. Why does everyone hate this bull market? It doesnt make sense, speaking as a hater myself.

 

[Jessi_trader]

FTSE 6693

but dow 16,105

World keep going up and ftse keep going down, whats wrong

 

[hereward the wake]

6688 = today's dow buy pivot (16,083)

also 88 is the 50% retrace of the down move 18th / 19th/ 20th

 

[postman]

World keep going up and ftse keep going down, whats wrong

Theres nothing wrong. Thats how it goes. Buy Dax sell ftse.

S.N.A.F.U.

 

[postman]

Well if 79% of IG are short dow ... go long

Another classic quote.
http://video.ft.com/2857518695001/How-to-spot-a-bubble/Editors-Choice
"Its not a bubble because everyone thinks its a bubble!"