FTSE UK100 - Short - new position (see related)
Updated
Hi all
After shorting it on the initial down move, after the retrace, it has hit support and made an engulfing bearish candle on the 4 hour.
I now do expect it to head lower again, in turn gold to go higher and Yen pairs to go lower.
It is cycling lower nicely and an I think indices could be in trouble over the net few week.
Thanks for looking.
Duncanforex.com coming soon
After shorting it on the initial down move, after the retrace, it has hit support and made an engulfing bearish candle on the 4 hour.
I now do expect it to head lower again, in turn gold to go higher and Yen pairs to go lower.
It is cycling lower nicely and an I think indices could be in trouble over the net few week.
Thanks for looking.
Duncanforex.com coming soon
Trade active
Hi all, I have entered a second position short at 7346.10Trade active
Hi allTrades are still live and going well
Trade active
Hi AllTrade is still live, stops are at entry point - will be looking to move them lower once this new swing high is printed at 7250 area.
Trade active
addtional entries at 7214 taken short and 7050 area is looking good for some take profitTrade active
Stops moved to 7240 area with Yen strength decreasing, I think this will retrace up
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