Anyone scalping the FTSE Futures??

[Jessi_trader]

If you think logically, market is not UP

Jobs data today is the most important economic release of the month. Market has come back to the same level where it was at the start of the week (aprox)

The direct indicated after the 1:30 will last probably the rest of the month.

 

[zorbas]

40mins time, 1:30 gmt

shorts run for cover when the bull surges

the algos have taken over..

 

[SuddenDeath]

If you think logically, market is not UP

Jobs data today is the most important economic release of the month. Market has come back to the same level where it was at the start of the week (aprox)

The direct indicated after the 1:30 will last probably the rest of the month.

i think there is an absence of shorts prior to data release, so market drifts higher firmly.

the data is expected to be good, so people more likely to be long and shorts are fearful . the market has "priced" in strong recovery and good jobs growth

 

[postman]

Short ftse 6764

Well its only down 3 points at the moment. Apparently the FTSE has stalled in mid air.

 

[Jessi_trader]

i think there is an absence of shorts prior to data release, so market drifts higher firmly.

the data is expected to be good, so people more likely to be long and shorts are fearful . the market has "priced" in strong recovery and good jobs growth

Hang on....

anything above 190K will be bad and market will be sold.

remember we have come back to "Good news is Bad"....

 

[hereward the wake]

is anyone going to be in an open position at 1.30

 

[postman]

Short ftse 6764

As I have a healthy attitude to risk and I'm not hedged I've closed this position at 6768 (-4) going into a volatile period. We will see if its going up or down soon enough and I will have funds to trade it.

 

[postman]

Closed my S&P at 1847 + 100 it took soooo long to get there....

 

[Sp4c3d]

Any predictions on NFPR?

Think most estimates are in around 196k.

I think that anything less than 190k would see the market retreat rapildly.

Anything above 203 would continue the rally.

 

[Sp4c3d]

Closed my S&P at 1847 + 100 it took soooo long to get there....

Very nice indeed

 

[Jessi_trader]

is anyone going to be in an open position at 1.30

I have hedged short on ftse and dow.

 

[postman]

Whatever the number is the markets are going to jump UP, after that is where it gets interesting...

 

[SuddenDeath]

Closed my S&P at 1847 + 100 it took soooo long to get there....

good job postman

postmans perseverance pays divi's

someone "bust a cap" in the bull

 

[postman]

Unemployment rate 6.7% TAPERRRRRR

 

[postman]

Yes that seems to be the smart opinion. And, a 2 hour press conference afterwards! Someone is going to be doing a lot of "managing the message" to keep traders calm.

Now we know why theres a 2 hour press conference.

 

[SuddenDeath]

CNBC federal reserve shills now massage the message

 

[SuddenDeath]

was that a good number or bad number?

 

[Sp4c3d]

was that a good number or bad number?

Bad lol

Which is good for the market as it reduces the chances of tappering next month.

 

[postman]

Now we know why theres a 2 hour press conference.

CNBC federal reserve shills now massage the message

Bernanke said rate hikes start at unemployment 6.5%, it went from 7.3 to 6.7 in 2 months. Its wont be long before the threshold is reached.
This is why the 10 year is over 3% yield.

 

[SuddenDeath]

Bad lol

the wonder of cnbc, sow confusion and spout disinfo.