Trading the FTSE 100 - futures io
futures io



Trading the FTSE 100


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one Alexander Fleming with 8 posts (0 thanks)
    2. looks_two Hood with 4 posts (0 thanks)
    3. looks_3 Turveyd with 2 posts (0 thanks)
    4. looks_4 Bvend with 2 posts (0 thanks)
    1. trending_up 6,564 views
    2. thumb_up 0 thanks given
    3. group 8 followers
    1. forum 19 posts
    2. attach_file 1 attachments




Welcome to futures io: the largest futures trading community on the planet, with well over 125,000 members
  • Genuine reviews from real traders, not fake reviews from stealth vendors
  • Quality education from leading professional traders
  • We are a friendly, helpful, and positive community
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts
  • We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

(If you already have an account, login at the top of the page)

 
Search this Thread
 

Trading the FTSE 100

(login for full post details)
  #1 (permalink)
Alexander Fleming
London, UK
 
 
Posts: 9 since Apr 2014
Thanks: 0 given, 0 received

Hello Everyone!

My name is Alex and have been trading the FTSE for about 3 years.

I would like to start a thread to do with all things FTSE 100 related. This can include trading strategies and/or FTSE 100 traders, products and services.

I have used a few different services in the past so would welcome any input you feel would assist in successfully trading the FTSE.

I will update and share my findings and review anything and everything FTSE related

Thanks
Alex

Reply With Quote

Journal Challenge April 2021 results (now extended!):
Competing for $1800 in prizes from Jigsaw
looks_oneMaking a Living with the Microsby sstheo
(82 thanks from 13 posts)
looks_twoSalao's Journalby Salao
(25 thanks from 6 posts)
looks_3Deetee’s DAX Trading Journal (time based)by Deetee
(25 thanks from 9 posts)
looks_4Learning to Profit - A journey in algorithms and optionsby Syntax
(12 thanks from 8 posts)
looks_5Maybe a little bit different journalby Malykubo
(7 thanks from 5 posts)
 
Best Threads (Most Thanked)
in the last 7 days on futures io
futures io site changelog and issues/problem reporting
76 thanks
The Crude Dude Oil Trading System
73 thanks
Would You Sell Your System?
71 thanks
FIO Journal Challenge - April 2021 w/Jigsaw Trading
35 thanks
Big Mike in Ecuador
32 thanks
 
(login for full post details)
  #3 (permalink)
 Hood 
London
 
Experience: Beginner
Platform: Ninjatrader
Trading: FGBL, CL
 
Posts: 31 since Jan 2014
Thanks: 8 given, 15 received


Hi Alex, what time of day do you trade the FTSE?
I have been looking at the FTSE in the UK evening.
What's your opinion of the market during this time?

Reply With Quote
 
(login for full post details)
  #4 (permalink)
Alexander Fleming
London, UK
 
 
Posts: 9 since Apr 2014
Thanks: 0 given, 0 received

I have been following the FTSE generally trading the London Open as the spread is 1 point usually.
It also sees a nice bit of volume making ideal for scalping.

Can trade any time of the day I guess but reckon London and US sessions work well enough.

The following downside targets should it break back down to 6500s.

Based on the last swing high to 6880s down to 6490s.

6710 - 38.2% Fib
6670 - 50% Fib
6630 - 61.8% Fib

FTSE often likes the 61.8%.

Needing to clear 6770s for the moment though for the above targets to be valid

Reply With Quote
 
(login for full post details)
  #5 (permalink)
Alexander Fleming
London, UK
 
 
Posts: 9 since Apr 2014
Thanks: 0 given, 0 received

Hey Hood,

Where are you based and what time do you usually trade the markets?

Reply With Quote
 
(login for full post details)
  #6 (permalink)
Alexander Fleming
London, UK
 
 
Posts: 9 since Apr 2014
Thanks: 0 given, 0 received


Hood View Post
Hi Alex, what time of day do you trade the FTSE?
I have been looking at the FTSE in the UK evening.
What's your opinion of the market during this time?

Hey Hood,

Just sent you a message asking what time you usually trade? Is it after hours?

Reply With Quote
 
(login for full post details)
  #7 (permalink)
 Hood 
London
 
Experience: Beginner
Platform: Ninjatrader
Trading: FGBL, CL
 
Posts: 31 since Jan 2014
Thanks: 8 given, 15 received


Alexander Fleming View Post
Hey Hood,

Just sent you a message asking what time you usually trade? Is it after hours?

Hi Alex, I usually trade in the uk evenings. I am Uk based.
Mostly I trade the US afternoon session.

The FTSE does move after 5pm uk time though and it does give me entries.

Reply With Quote
 
(login for full post details)
  #8 (permalink)
Alexander Fleming
London, UK
 
 
Posts: 9 since Apr 2014
Thanks: 0 given, 0 received


Alexander Fleming View Post
I have been following the FTSE generally trading the London Open as the spread is 1 point usually.
It also sees a nice bit of volume making ideal for scalping.

Can trade any time of the day I guess but reckon London and US sessions work well enough.

The following downside targets should it break back down to 6500s.

Based on the last swing high to 6880s down to 6490s.

6710 - 38.2% Fib
6670 - 50% Fib
6630 - 61.8% Fib

FTSE often likes the 61.8%.

Needing to clear 6770s for the moment though for the above targets to be valid

6770 area is still holding for now. Still managed over 100 points today 7th May 2014 @ £5 per point

Reply With Quote
 
(login for full post details)
  #9 (permalink)
Alexander Fleming
London, UK
 
 
Posts: 9 since Apr 2014
Thanks: 0 given, 0 received


Hood View Post
Hi Alex, I usually trade in the uk evenings. I am Uk based.
Mostly I trade the US afternoon session.

The FTSE does move after 5pm uk time though and it does give me entries.


Hi Hood,
Are you unable to trade the London Open around 8am?

Reply With Quote
 
(login for full post details)
  #10 (permalink)
 Hood 
London
 
Experience: Beginner
Platform: Ninjatrader
Trading: FGBL, CL
 
Posts: 31 since Jan 2014
Thanks: 8 given, 15 received



Alexander Fleming View Post
Hi Hood,
Are you unable to trade the London Open around 8am?

yes, unfortunately I have to work in my 9-5 job during this time. So I trade the US market afternoon session when I get home from work and usually take a few trades from FTSE or FDAX. These 2 markets really slow down after 5-6pm Uk time but I am developing a method to trade these markets during these low volume periods. So far the method is giving me good results in SIM mode. I will go live in a month or so when I have a better sample size of trades to analyse.
Is your method fib based?
Cheers

Reply With Quote
 
(login for full post details)
  #11 (permalink)
Alexander Fleming
London, UK
 
 
Posts: 9 since Apr 2014
Thanks: 0 given, 0 received

Yes, my method is mainly uses the 3 main Fib levels (38.2%, 50%, & 61.8%).

I also use https://www.tradingknowledge.infon now for all FTSE related data. Guy's name is Dominic Nardone.
Best thing is he shows you his account and charts when trading live so you can really see what he is doing.

Do you ever use any services, products or any funky indicators for trading that you recommend?

Cheers
Alex

Reply With Quote
 
(login for full post details)
  #12 (permalink)
 Hood 
London
 
Experience: Beginner
Platform: Ninjatrader
Trading: FGBL, CL
 
Posts: 31 since Jan 2014
Thanks: 8 given, 15 received

I use price action and S/R levels. I don't like indicators.
I prefer the futures market over the CFD's for FTSE100.

I'm still on sim with my method and the results are positive so far.
Looking forward to trading live soon.

Reply With Quote
 
(login for full post details)
  #13 (permalink)
Alexander Fleming
London, UK
 
 
Posts: 9 since Apr 2014
Thanks: 0 given, 0 received

thanks Hood for the heads up.
Good luck with your back testing!

I'm almost 2 months into mine but using a live account.
Guess I'm cheating though because I'm following a FTSE trader subscription free so not had any drawdowns yet!!!
Will let you know if I screw up though but so far so good

Alx

Reply With Quote
 
(login for full post details)
  #14 (permalink)
Turveyd
Birmingham UK
 
 
Posts: 336 since May 2014
Thanks: 7 given, 64 received

Just started trading the FTSE mainly out of desperation as Forex is so dead these days and DAX my main interest currently has the odd slow day so it's a fall back, I like the 1 pip spread aswell.

Sadly bank holiday stops play, I thought DAX wasn't trading so took the day off and missed some good moves Most likely FXCM UK is closed, ahhh just checked miss read it, normal

Reply With Quote
 
(login for full post details)
  #15 (permalink)
 Jason Rogers 
New York
 
Experience: Intermediate
Platform: Strategy Trader
 
Jason Rogers's Avatar
 
Posts: 166 since Aug 2010
Thanks: 122 given, 153 received


Turveyd View Post
Just started trading the FTSE mainly out of desperation as Forex is so dead these days and DAX my main interest currently has the odd slow day so it's a fall back, I like the 1 pip spread aswell.

Sadly bank holiday stops play, I thought DAX wasn't trading so took the day off and missed some good moves Most likely FXCM UK is closed, ahhh just checked miss read it, normal

Hi Turveyd,

I just noticed your post. UK100 (FTSE) was closed for trading today, but GER30 (DAX) was open. Below were the Memorial Day trading hours for CFDs today. All times listed are in GMT. Forex trading hours remained unchanged, opening on Sunday between 21:00 and 21:15 GMT and closing on Friday at 20:55 GMT.

For the holiday schedule for rollover interest (AKA swaps) visit the DailyFX Rollover Calendar.

* While the Australian Securities Exchange (ASX) does not list May 26th as a holiday, they tend to close early on US holidays.

If you have questions about our services at FXCM please send me a Private Message.
Follow me on Twitter Reply With Quote
 
(login for full post details)
  #16 (permalink)
Turveyd
Birmingham UK
 
 
Posts: 336 since May 2014
Thanks: 7 given, 64 received


Jason Rogers View Post
Hi Turveyd,

I just noticed your post. UK100 (FTSE) was closed for trading today, but GER30 (DAX) was open. Below were the Memorial Day trading hours for CFDs today. All times listed are in GMT. Forex trading hours remained unchanged, opening on Sunday between 21:00 and 21:15 GMT and closing on Friday at 20:55 GMT.

For the holiday schedule for rollover interest (AKA swaps) visit the DailyFX Rollover Calendar.

* While the Australian Securities Exchange (ASX) does not list May 26th as a holiday, they tend to close early on US holidays.

Lol you get everywhere I see, i was off FF miss read your whats closed post there the other day or forgot since.

Thanks

Reply With Quote
 
(login for full post details)
  #17 (permalink)
 sands 
London + UK
 
Experience: Advanced
Platform: Proprietary Analytics
Broker: Multiple broker + Multiple feed
Trading: Currently European and US equities
 
sands's Avatar
 
Posts: 443 since Dec 2013
Thanks: 256 given, 229 received


Hood View Post
yes, unfortunately I have to work in my 9-5 job during this time. So I trade the US market afternoon session when I get home from work and usually take a few trades from FTSE or FDAX. These 2 markets really slow down after 5-6pm Uk time but I am developing a method to trade these markets during these low volume periods. So far the method is giving me good results in SIM mode. I will go live in a month or so when I have a better sample size of trades to analyse.
Is your method fib based?
Cheers

Would just be careful trading the low volume price can tend to be pushed around on weak liquidity. Wondering on a high level how are you looking to trade the low volume period?

Thanks,

Sands.

Reply With Quote
 
(login for full post details)
  #18 (permalink)
 Bvend 
Greece
 
Experience: Advanced
Platform: Ninja,Sierra
Broker: IB,IQFeed
Trading: Emini ES, Dax
 
Posts: 30 since Feb 2013
Thanks: 16 given, 17 received

I am thinking of moving from FX Futures to FTSE100 futures during London hours. I cheked out at IB and the exchange is ICEEU and the costs runs up to 95 USD/M. (Specifically this cost is from Sierra Chart). Am I right about this before I activate the exchange data?

Reply With Quote
 
(login for full post details)
  #19 (permalink)
Granit
Gothenburg / Sweden
 
 
Posts: 2 since Aug 2017
Thanks: 1 given, 0 received


Bvend View Post
I am thinking of moving from FX Futures to FTSE100 futures during London hours. I cheked out at IB and the exchange is ICEEU and the costs runs up to 95 USD/M. (Specifically this cost is from Sierra Chart). Am I right about this before I activate the exchange data?

I am allso looking for a FTSE 100 futures feed and using Sierra chart... did you find a futures feed you can recommend? They all seems a bit pricey to me

I am about to start trading the FTSE 100 since IQ feed provides market internals for LSE and the underlying stocks in FTSE 100

Cheers

Reply With Quote
 
(login for full post details)
  #20 (permalink)
 Bvend 
Greece
 
Experience: Advanced
Platform: Ninja,Sierra
Broker: IB,IQFeed
Trading: Emini ES, Dax
 
Posts: 30 since Feb 2013
Thanks: 16 given, 17 received


Granit View Post
I am allso looking for a FTSE 100 futures feed and using Sierra chart... did you find a futures feed you can recommend? They all seems a bit pricey to me

I am about to start trading the FTSE 100 since IQ feed provides market internals for LSE and the underlying stocks in FTSE 100

Cheers

No, back at 2015 I was using IQFeed but then moved to Sierra's Exchange data feed, and moved to trading DAX instead.

Reply With Quote


futures io Trading Community Traders Hideout Emini and Emicro Index > Trading the FTSE 100


Last Updated on August 8, 2017


Upcoming Webinars and Events
 

NinjaTrader Indicator Challenge!

Ongoing
 

Journal Challenge w/$1,800 in prizes!

April

Seven Trading Mistakes Solved With Smart Trading Tools w/Brannigan Barrett

Elite only
     



Copyright © 2021 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts