Anyone scalping the FTSE Futures??

[john jackson III]

Its TOO quiet out there, something is going to hit the fan soon.

we are between netherworlds here...

they don't want to lose this but don't have the umph to push higher either given the news lately

 

[inzimam]

above 27060 is in bullish territory

 

[john jackson III]

I have an ascending triangle here that I'm carelessly disregarding...

I don't want to believe it

 

[john jackson III]

27K please

 

[wallstreetwarrior87]

above 27060 is in bullish territory

Thats what the market wants you to think - gets you in then dumps you right back out.

So Ideally you need to be in well before the 60 zone, to give yourself enough time to see what gives when its up there. Rather than getting in at @27060 and being vulnerable to a shake out.

 

[inzimam]

Thats what the market wants you to think - gets you in then dumps you right back out.

So Ideally you need to be in well before the 60 zone, to give yourself enough time to see what gives when its up there. Rather than getting in at @27060 and being vulnerable to a shake out.

yup. I was waiting for the reaction and took the short, but don't know when to get out

 

[wallstreetwarrior87]

yup. I was waiting for the reaction and took the short, but don't know when to get out

Cool, well you can always take half off here, and gun for 26970 on the rest. If you have downside as your target?

 

[postman]

Look its moving ... Its alive ....

 

[postman]

Dow's biggest move of the day, 35 points in 20 seconds and then comatose again.

 

[postman]

• Saudi Energy Minister: oil supply has resumed as before

 

[postman]

Now we wait for the cruise missiles to hit Iran.

 

[postman]

Still nicely in that triangle posted 10th sep, 3 days to go.

Anyone scalping the FTSE Futures??

 

[luckyvictor]

Market is so quiet these days, I think we can chase some move after FOMC today

 

[postman]

Market is so quiet these days, I think we can chase some move after FOMC today

A few 'fireworks' then settle around the same levels.

 

[luckyvictor]

A few 'fireworks' then settle around the same levels.

Interesting point, may I ask why?

 

[postman]

Interesting point, may I ask why?

The result of todays FOMC is well broadcast and the futures expiry is only 2 days away. No unexpected moves.

 

[luckyvictor]

Thanks for sharing, if u don't mind, can be please explain a little bit how the expiry of futures leads to ur conclusion?

 

[wallstreetwarrior87]

Short Dow @27060

 

[wallstreetwarrior87]

stop to 27062

 

[wallstreetwarrior87]

stop hit -2