Message For Ftse Traders......

price has moved up above the trendline on a lower chart.however,watch the reetrace.it must stay above the trendline.there is overhead res at 4270 and 4280
 
********............should have kept my long!!

darn..............need to stick to trading plan!! arrrgh!!
 
price should now definitely stay above the downtrend line,uneless there is a huge retrace.ftse sometimes spikes when dow futures do the same
 
I bealive in a retracement to 4270..

Possible Regular divergance forming here. Would like to see Candle pattern at the top. Perhaps Shooting star or Doji.
 

Attachments

  • snapshot-60.png
    snapshot-60.png
    175 KB · Views: 228
looks to me that this could just shoot up and go long again at any moment.

There was still Hidden Divergence at the day high. nice trade if you weent short at the top.
 

Attachments

  • snapshot-62.png
    snapshot-62.png
    182.9 KB · Views: 224
I think i'll short 4305, get in while a squeeze happens (if it happens) shame about the DOW ****ing everything up in 7 mins.
 
Top