Anyone scalping the FTSE Futures??

[2be]

ABC correction in play on dax M5
soon time to go north again for the next 20 - 40 pips

 

[honeill]

Looking to get long on FTSE @6,813 for a 22.5 points profit.

 

[tar]

sp cash should be around 1900 now , limit to buy es at 95 sl 92

-10

 

[lexcorp]

Long Dax again 9743
stop at 9720

 

[lexcorp]

Long Dax again 9743
stop at 9720

Out here at 9770 for +27

 

[tar]

Good

 

[2be]

locked the long profits at 780
very close to the all historic H of Dax at 794 (another 10+pips)
well done lexcorp!!!
tea break and some garden exposure b4 the us open

 

[lexcorp]

Out here at 9782 for +27

Out here at 9770 for +27

Break for me, too. Think i'm done with trying to short the markets, full stop! They're just so rigged, the odds are in the favour of my long trades rather than my short attempts.

 

[2be]

Break for me, too. Think i'm done with trying to short the markets, full stop! They're just so rigged, the odds are in the favour of my long trades rather than my short attempts.

There will be few days for shorting indices after this move up has run of steam, than short will be an option. There are different emotion to rising market and falling market.
Optimism matched by the governments interest to look good and( not to mention the state of pension funds related to the performance of the market) usually accompanies the move up.
Panic and blaming anything and everything apart of the decadent western governments, many playing with socialism is usually part of a major move down, yet to be experienced again. These "crushes" are fast and furious, yet they are necessary, clearing the board and providing opportunity for shorting while the drop lasts.

Interestingly, dax went up while the ZEW news release was weak. Contrarian move so far, but eventually this move up will run out of steam, at least for a few days. When? Who knows. I would like one or even two up days, than a good pull-back before the up move is resumed.
Us open might provide further stimulus for taking the previous Hs, when it comes I shall be there and let the mice (the IT vermin) do their work 🙂

 

[Dentalfloss]

great stuff..this thread is getting really good
nas 100 index getting near a big test zone at 3640

 

[2be]

Dax H4
Divergence between PA and MCD
top in progress, eventually the bulls will need a break, bears still deep in the forest are sharpening their teeth

 

[postman]

Dax H4
Divergence between PA and MCD
top in progress, eventually it bulls will need a break, bears still deep in the forest are sharpening their teeth

Those Germans just dont know when to quit.
The Dow is ready to go down on open but it hasnt got through to Daxy yet.

 

[Dinos]

2be, can I ask what the 2 yellow lines are on your chart?

 

[2be]

Those Germans just dont know when to quit.
The Dow is ready to go down on open but it hasnt got through to Daxy yet.

Dow provides a much selective and narrow perspective of the market compared with S&P
Dax is more in sync with S&P but at times on intra day the enthusiasm of DOW is also effecting dax
Attached charts to compare

 

[2be]

2be, can I ask what the 2 yellow lines are on your chart?

Hi Dinos
Yellow line on MACD histo is Linear Weighted, Period 8 Shifted 2
Yellow on the chart is a Price channel EMA period 5 Shift 2 High and Low
on other monitors I use similar PA channel with H A candles, comes as Synergy_Pro_APB indicator it does similar job to the EMA5 H & L

 

[postman]

Those Germans just dont know when to quit.
The Dow is ready to go down on open but it hasnt got through to Daxy yet.

Dow provides a much selective and narrow perspective of the market compared with S&P
Dax is more in sync with S&P but at times on intra day the enthusiasm of DOW is also effecting dax
Attached charts to compare

Yes quite. But I'm short Dax @762 nonetheless.

 

[Dinos]

Cheers 2be 👍

 

[timoti]

Run, Forest,Run!

 

[postman]

Yes quite. But I'm short Dax @762 nonetheless.

Well it hasnt gone up since I shorted so thats an improvement on yesterday.
But it hasnt gone down either. 🙄

 

[2be]

Well it hasnt gone up since I shorted so thats an improvement on yesterday.
But it hasnt gone down either. 🙄

looks like dow has closed the gap, often the case
I do not see any confirmation to go short yet, in a bigger way
Intra day presents opportunity both ways though I still have a slight bias to the long site (it can be v dangerous to have a bias, but ?)