Hope no was long the ALSI.

[eddy66]

I'm short.Well'I'm tall but short on agl.

[saash]

Good stop for some profit taking.

[eddy66]

I'm only getting out at 210

[saash]

Hmmm. Not even a 'little' bounce?

[saash]

Ahh, here it comes. Little delay on our side.

[#6]

ftse bounce on 61.8 now above 50 as well crazy !

[Electrox]

that was expected..did u get short there hennie??

[saash]

Wall street setting up for the next move, which should close gap.

[Electrox]

can someone pls confrim the target level for this gap close is 20220??

[#10]

no long fste 4255

[Electrox]

nice hennie.. tell me wat are the Risk per point on the FTSE?

[#12]

yes

[#13]

sorry, risk per point ?

[#14]

lets try this 8 points risk loss ( 3 below fib 61.8 )

[Electrox]

sorry,wat mean is wats the expousre for 1contract ?

[#16]

2000 pounds 26 k

[#17]

value is 10 pounds per point

[#18]

Hennie, would you trade a stop loss for this or do you have a specific exist? Say 4355 or worst case 4295 etc?

[#19]

Stop are in at 4246 ... 3 below 61.8 fib and if we are above the 50 % then move stop 3 points below that which should then give you a free trade. The big traget is the -23% fib of the retracement in a up trend

[#20]

In this case moved stop to 3 below 50 % and stopped out at a free trade ... so we move on to the next one :-)