There are quite a few possible trades this week.There are a few that are first attempt basis trade that should be done for very short term trades. Theirs a few 123 highs trade as well and you have to be careful when trading the 123 highs due to the risk of a correction only.They are not as reliable as the 123 lows mainly due to most corrections take the form of 3 waves down.Just be aware of this.
We had a fairly quite week as only about 3 trades were activated. These are Oxford Instruments,Savills,and Unilever.Some of these have become free trades already like Unilever our star performer which has already moved over 100 points from the breakout. Then we have our other star performer Oxford Instruments which filled the gap trade perfectly and bounced 120 points.We also have entered Savills but this has not moved that much so this may falter as this did bounce on first attempt but the following day has come back to test the trend line again so risk is attached to this trade.Stops are still tight so hopefully wont hit them.We also had a few that nearly activated but were only a few points out.Its worth keeping an eye on the previous weeks tips as some of them have come good since. Please remember to use stops on all trades and DO YOUR OWN RESEARCH.
For all index and currency live trades its best to keep an eye out on the forums as thats where i post them if they look good.
These trading tips are the ones to watch for the week ahead from 23rd September to 29th September.
If your looking for the Navigation bar then please minimize the chat window before clicking the charts.
Subscribe Plan to Read more