Anyone scalping the FTSE Futures??

[morgan_edge]

We know, Dentist - we either go up or down...as always!!
Good luck next week, all

 

[Dentalfloss]

dax into next week
a break higher or a bull test

 

[2be]

I have posted 3 TFs of DAX, with otherwise that same set up, to compare PA and the trend
TFs are M30, M15 and M5

The support on Friday was very close to Thursdays US Session close, within 10 pips to the downside, with the exception a few pips penetration on two occasions, so very strong support created by the previous day's close, ( I treat US session close as the close or end of the day for trading purposes). I start the day at London's open.

Bull flag at the top with the new lines drawn from the US close on Friday
Happy weekend to all,
2be

 

[Hedging Highwayman]

Check the price action. Firstly the sell off at around 14.4o was eaten up by the bulls relatively quickly, right back up to test the resistance point. After that, the market failed to push lower every time it tested that area again. Look at the wedge setup there, thats a pretty bullish setup.

Thanks ffsear, perfect sense no I look at it

 

[Dentalfloss]

Everybody will be right on the dax......why ?
because it is now heavily overbought...so many levels ..it will be..both up and down
so ..lots of points to be had...it should not range too much with thoseoverbought signalas and bulls wont settle down
a great week leas ahead

 

[Dentalfloss]

dax 4 hour data.looks overbought on these chart inputs
that does not mean it will tank or retrace..could mean caution on a move higher..should have lots of bull tests and maybe a small move higher
2BE..need your Delta waves now..what is target for a small move higher ??
we can pick up support areas underneath from p/f chart
plenty of oscillation between those areas mean loads of pips

 

[2be]

dax 4 hour data.looks overbought on these chart inputs
that does not mean it will tank or retrace..could mean caution on a move higher..should have lots of bull tests and maybe a small move higher
2BE..need your Delta waves now..what is target for a small move higher ??
we can pick up support areas underneath from p/f chart
plenty of oscillation between those areas mean loads of pips

Hi, will work on it later on today and will post it on this thread.
So far I am thinking in line with the count I have posted on Delta thread, but some fibs has to be worked out.

 

[Dentalfloss]

Thanks
need some upside targets if it breaks higher
should be very profitable week ahead with bulls trying to break higher on an index that is overbought
expecting every upmove to get tested and retested and every strongish support to hold...there will be no clear winners...but lots ofpips to be had in the crossfire

 

[Dentalfloss]

getting 11424 then 11472-11496 area as a p/f 1 box horizontal count
11500 should cap it for now
horizontal supp 11300-1111352 areas
How does that coincide with delta targets ??
that gives us a good range to trade next week
11232 area if 11300 breaks down

 

[Dentalfloss]

S&P 500
a tinge bearish

 

[2be]

getting 11424 then 11472-11496 area as a p/f 1 box horizontal count
11500 should cap it for now
horizontal supp 11300-1111352 areas
How does that coincide with delta targets ??
that gives us a good range to trade next week
11232 area if 11300 breaks down

There is confluence of Fib extensions in the area between 11600 and 11850.
By the 16th March DAX is very likely to hit that zone.
On a shorter TF I expect a small pull-back of several hundred pips starting on Tue/ Wed, ( if my current ITD Delta count holds) before DAX goes up again to that zone, which will make a significant H.
So far I pulled the M1 TF.
DAX is certainly in the finishing stages of Impulsive wave.
On Monthly it looks live the topping of the 3rd (large degree of EW Count)
On Weekly it also looks like topping of the 3rd (of a smaller degree EW count in relation to the weekly one)
So far I only attached one chart, will work on it later and will add other charts too.


Part two:
Daily TF:
Confluence @ 13390 -already achieved (TD6 Chart)
APP 1.272 @11498 + (DT6 Chart) H ITD9 To be achieved by 3rd March
Confluence @ 11590-11600 zone H ITD11 (TD6 Chart) to be achieved or surpassed on 16+ March

L ITD 10 is due around 9th March, do not have fib on that as the move up is not finished yet

Small white window (DT6 Function)displayed probability of the ITD turning points

 

[Dentalfloss]

thanks
need some levels between 11400-11600 please
11440 looks an easy upside target to make..short term,with 11352 support
areas for the open

 

[2be]

thanks
need some levels between 11400-11600 please
11440 looks an easy upside target to make..short term,with 11352 support
areas for the open

Have added part two to previous posting No:62139

 

[Jessi_trader]

11350 is the number to watch tomorrow on DAX....

11340-11360 is buying area....don't expect to much price movement tomorrow, DAX can be choppy and give you too many buy signal near 11400 - 11420...

DAX up for 11600 next week...

If breaks clearly above 11410... I would be buying....

 

[Jessi_trader]

expect some good movement on DOW this week... perhaps on Monday...18140-18160 is buying area if you can get...DOW is up next week at 18420...

 

[Jessi_trader]

11350 is the number to watch tomorrow on DAX....

11340-11360 is buying area....don't expect to much price movement tomorrow, DAX can be choppy and give you too many buy signal near 11400 - 11420...

DAX up for 11600 next week...

If breaks clearly above 11410... I would be buying....

if 11340 can't hold then 1300 is buying area....

I would sell DAX only if DAX breaks 11240

 

[Jessi_trader]

expect some good movement on DOW this week... perhaps on Monday...18140-18160 is buying area if you can get...DOW is up next week at 18420...

I have to say... DOW close was bit unclear and confusing in terms of price action... if can't hold 18140 just in case then 18020 - 18040 is buying area...

 

[Jessi_trader]

Morning everyone......

 

[2be]

first "spoken about" shot of fresh money from the ECB injected in the market today
any offers of pampers for the newly born qE-baby, all the hot cash is to be spent on bonds and other assets

http://www.bloomberg.com/news/artic...s-golden-for-stocks-as-europe-gets-11-billion

New era for Europe has began, Europe joined the club LOL http://news.bbc.co.uk/1/hi/8678979.stm

 

[2be]

unlikely "union" at last
http://www.bloomberg.com/news/artic...s-up-with-france-as-merkel-hollande-get-along