Dear all
Today I went short the FTSE at 5546. Stop 5556. Half profit target 5515.
The stop was move to entry and half profits were taken at 5222. The remainder stopped out at entry. The markets are looking bullish right now. If you want to short from current levels (5600) put your stop in at 5610. As its Friday afternoon and we are well into the American session I will be leaving this alone.
The trade was based on this mornings email:
Trading Opportunities
No signals this morning with the FTSE currently trading at 5522. The only trade I will be looking at will be if the FTSE attempts to fill last night's closing level at 5547. As mid resistance lies at 5550 this could be a low risk opportunity with stops at 5557. Target 5500. I'll send an sms if I deem this appropriate.
No signals this morning with the FTSE currently trading at 5522. The only trade I will be looking at will be if the FTSE attempts to fill last night's closing level at 5547. As mid resistance lies at 5550 this could be a low risk opportunity with stops at 5557. Target 5500. I'll send an sms if I deem this appropriate.
The half profit target at 5515 was used from POM. If you look at the graph today you will see this target was hit and then the market reversed. Another powerful illustration of how effective POM is!!. There is just ONE space left for the POM trading package at this special price so sign up below to avoid disappointment.
http://www.markaustintrading.com/pomseminar.html 
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