Anyone scalping the FTSE Futures??

[wallstreetwarrior87]

Ideal scenario would have been to get retail short on a break of 27180 then pop back up on their closing - but we dont always get ideal

 

[wallstreetwarrior87]

@luckyvictor - watch this in real time - dont trade - just see the reactions of each level. Take note of what happens when opportunity is not taken etc

 

[wallstreetwarrior87]

Retail will jump back in long (if) we get to 27230

 

[wallstreetwarrior87]

So you look for a chance to get in with low risk way before this, as you want to then start to think about closing into their buying.

 

[luckyvictor]

@luckyvictor - watch this in real time - dont trade - just see the reactions of each level. Take note of what happens when opportunity is not taken etc

I am watching and didn't take any action, however, I also dont know what action I am going to take. I don't have much idea of how to analyze the current situations, so if there is a pullback, should I join to long or short? Equally if there is a breakout to the upside, should I chase long or short it?

I have no idea at all.

 

[wallstreetwarrior87]

And obviously short if we break the 27180 level - same idea for either side - dont be biased. Trade current flow and keep a tight stop

 

[postman]

If you needed any more evidence of where the price is being forced too here is an exploded view of the 1 hour chart.

 

[wallstreetwarrior87]

I am watching and didn't take any action, however, I also dont know what action I am going to take. I don't have much idea of how to analyze the current situations, so if there is a pullback, should I join to long or short? Equally if there is a breakout to the upside, should I chase long or short it?

I have no idea at all.

Just watch - take note of everything - then you will start to see opportunity! takes a long time, no shortcuts that I know off

 

[wallstreetwarrior87]

If you needed any more evidence of where the price is being forced too here is an exploded view of the 1 hour chart.

View attachment 267640
View attachment 267641

Agree on destination - just the case of shoving the pesky buggers out along the way!

 

[postman]

S&P just shy of last weeks high.

 

[john jackson III]

bought @ 27232

 

[postman]

S&P just shy of last weeks high.

And 6 points off the year high.

 

[postman]

You've come a long way baby...

 

[john jackson III]

covered +30

had the idea they'd take this to at least '260'

 

[john jackson III]

bought 27228

 

[john jackson III]

covered '228' no gain

 

[john jackson III]

bought @ 27181

 

[john jackson III]

add another YM contract @ 27146

 

[john jackson III]

closed for no gain

 

[inzimam]

where is the ramp up