Recent content by kevinburton

I had 39.90 area as a potential low and it got close enough for me. Should see a 45 or 48 as next stop as far as im concerned.

Thanks, very good points made

Good points made, thanks

Out of interest. What are the benefits of setting up a ltd company for trading activity? I understand that you can take dividends thus minimising NI contributions, but the company would be subject to corporation tax. I just assumed it wasn't worth doing but maybe it is????? Would be interested...

The most important thing is to trade with what you are comfortable doing. So if you are more comfortable staying out of the market then you are quite right, it is by far the best course of action. I shorted last week at an exact 1.618 fib extension. Stop just above. This combined with delta turn...

Im looking for a nice pullback over the next couple of weeks. safer trade is on the short side imo