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FTSE 100 Index
Long

$FTSE in USD Parallel Channel

By elroytrader1
Updated
Much has been made in the British press about FFTSE running inversely to GBPUSD because it is in reality a USD index. Certainly the path is much clearer in USD. To trade this, you have to buy FFTSE and sell GBPUSD to create a synthetic.
Trade closed: target reached
Not bad, not quite as strong as I expected. Closed now.
FTSEftseinusdftseusdftseusdlong
elroytrader1

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