Anyone scalping the FTSE Futures??

Great move from the Dax 5 waves + a fork, u don't get much better:)
 

Attachments

  • dax5.PNG
    dax5.PNG
    30.8 KB · Views: 83
  • daxmen.PNG
    daxmen.PNG
    30.5 KB · Views: 85
Old Mother FTSE finally breaks 6386 if she holds this level it could provide a very bullish final quarter :)

I think we could nominate the FTSE 6386 for level of the year award he he
 
Dick Lexic said:
Old Mother FTSE finally breaks 6386 if she holds this level it could provide a very bullish final quarter :)

I think we could nominate the FTSE 6386 for level of the year award he he
Click to expand...

FTSE bullish!

That'll be a whole 10 points rise today then. :LOL:
 
sold my positions way too early, why do I listen to the pundits and useless analysts? pull back? what bloody pull back grrrrr
 
Mario Draghi is a skilled manager of expectations and an excellent communicator with the financial markets, even to have a greater effect than the disclosure of corporate results and economic data.
 
The almost vertical rise in European equity markets after the ECB’s intention to extend the quantitative easing program and the decision by China’s central bank to cut interest rates put the European indices at extreme levels of overbought. The performance of these two central banks is not a surprise being expected by investors and by economists, so it is not to exclude a short-term correction but that does not invalidate the positive medium-term trend.
 
Morning all, only a 98 point range on daxy, what a bore.
Currently long ftse and long dax, both small/ill positions.

Currently recovering from manflu, is it me is or is the current strain going around a tad more lethal than it used to be?? Or am I just getting old[er]/weak[er]?
 
According to a statistical study conducted by Asbury Research, the last week of October is usually, since 1957, the worst stock market week of the 4th quarter and one of the worst of the year.
 
The meeting of the Fed will be the main event of the day and perhaps of the week. Economists do not anticipate any increase in the reference rate. Attention will be focused on meeting announcement and publication of the minutes a few weeks later. In relation to the Fed executive committee, opinions are considerably divided. Regional Governors, 8 out of 12 are in favor of an increase in interest rates in December. From the other members, Janet Yellen also advocates an increase in December as well as its Vice-President, although it has shown some reservations. Two governors advocate the maintenance of interest rates until 2016. Thus, Fed’s emerges a picture something divided by Janet Yellen, whom to keep the tradition of decisions based on consensus, will have to develop in the coming weeks a conciliator role within the Executive Committee with a basis to raise interest rates later in the year.
 
In short, yesterday's Fed statement challenges the prevailing perception in the financial markets (and especially monetary) that there will be no increase in interest rates before the year end, which had been one of the catalysts rally in stock market indices in October.
 
The statement from the Fed lead investors to focus again on major economic issues. The US economy suffered a sharp slowdown in Q3 to grow only 1.50%, significantly less than the 3.90% observed in the previous quarter. Estimates of economists pointed to an increase of 1.60%. However, this variation is less serious than it appears. The economic slowdown was mainly due to the sharp fall in inventories (almost 50%). This effect is equivalent to about 1.44% of the economy. This is likely to be temporary in that, depleted inventories will need to be replenish in the coming months, thus making a positive contribution to GDP.
 
psaTrading said:
The statement from the Fed lead investors to focus again on major economic issues. The US economy suffered a sharp slowdown in Q3 to grow only 1.50%, significantly less than the 3.90% observed in the previous quarter. Estimates of economists pointed to an increase of 1.60%. However, this variation is less serious than it appears. The economic slowdown was mainly due to the sharp fall in inventories (almost 50%). This effect is equivalent to about 1.44% of the economy. This is likely to be temporary in that, depleted inventories will need to be replenish in the coming months, thus making a positive contribution to GDP.
Click to expand...

... This is likely to be temporary in that, depleted inventories will need to be replenish in the coming months, ...


Only if people start buying things again.
It doesnt look good over there, if it did they would have raised rates years ago.
 
Been a while since intertrader tried some dirty tricks. THey've shut their platform down 20 minutes before the close.
Purely a 'technical error' I'm sure. :whistling
 
With today’s speech the Governor of the San Francisco Fed (John Williams) at a conference organized by this institution starts an intense week of speeches among the Central Bank members. Among the various interventions, the focus is on Janet Yellen on Wednesday. Statements by members of the Fed will help investors define their expectations for the next meeting of the Central Bank in December.
 
Dax up 100 Dow up 100 FTSE Up 0.7
Thats about right.

Whats the betting those S&P manipulators leave it at 2098 tonight and we wake up tomorrow to find it open at 2130. :rolleyes:
 
You must log in or register to reply here.

Similar threads

O
Scalping
Replies
7
Views
4K
roberk
R
O
Futures scalping
Replies
10
Views
4K
neil
neil
D
Pivot Point Scalping on the ES
Replies
7
Views
7K
dancorcal
D
S
Scalping the Dow
2 3 4
Replies
67
Views
19K
Dave1971
D
O
Futures micro trading (scalping)
Replies
1
Views
3K
SuperDriveGuy
S
Top