UK100 reaching historical high.

28 dic 2016

As the UK100/FTSE reaches its historical high at 7127, I am looking for a clear opportunity to short and scale out potential profits at clear S/R points.

28 dic 2016

Nota

Still climbing, currently at 7093. Waiting for further movement for a clear signal and to reduce stop loss gap.

28 dic 2016

Nota

Open SHORT position at 7101.80 with S/L at 1737

28 dic 2016

Nota

Correction S/L: 7137

28 dic 2016

Nota

28 dic 2016

Nota

Short FTSE is now in the money, however it is still too early to tell if this is a reversal. I will leave S/L as is until there is a definitive move downward before setting B/E. There could still be another test on the support to come.

29 dic 2016

Operación cerrada manualmente

Looks like UK100 is continuing its test of precious highs, it did not break down dramatically as I anticipated. Will let it test again, clear my mind and see it from a fresh perspective. Closed at +18

29 dic 2016

Operación activa

Took another short position this morning at 7098 as FTSE retested its highs. It went as high as 7124 and was rejected. That was the candle I was looking for.

Let's see if this is where it breaks down as there are now 3 tops, the last one being lower than the rest. Good luck all.

S/L at 7133.

29 dic 2016

Nota

You could wait till a clear breakdown and retest or you can take a bit more risk and get in now. This trade will most likely have to be held over the weekend into next week. Let's see.

30 dic 2016

Operación cerrada: precio stop alcanzado

I got stopped out and UK100 broke its all time high by a few pips. Going to sit back and see what happens now. -34.5 pips. Happy New year everyone!