Tis was a lovely move and there should be more to come (actually had a small H&S on top of the gap etc etc). Setting up for another and bigger H&S on both ftse and alsi that should come right around the time DJ open this pm for 1/2 a day and which will most likely see a weaker DJ. Then again DJ might start positive and then end negative that will negate the H&S and turn into a nice short squeeze. Just hope enough players remain at their trading desks this pm to make it happen. Should the H&S confirm this pm, we could see 19,000 and 4,150 respectively. More than likely the bias should be to the downside having had an impressive run this week on the alsi
Its very hard to do, but have found to close my positions within 10 minutes after opening it and still in a loss seems to work. Every time you do that, and you do it plenty of times it costs you and it means you were wrong, and you dont like being wrong. But when you get the move right its all good....