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TOPIC: IMI

IMI 07 Apr 2014 14:55 #1

  • remo
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from this weeks share tips :cheer: :cheer:
Perfect short


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Last Edit: 07 Apr 2014 14:56 by remo.
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IMI 14 Mar 2014 10:38 #2

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Thanks for the feedback remo....much appreciated.

Some of my "rules" (so to speak) are:

1) No touch trading
2) Trade only after close of candle
3) Trade only if you get a decent candle...ie if we get small candle trundling along the trendline I won't trade. Only if we get a decent/strong break and then sell below the candle.

For this particular trade I would also prefer a trade to the downside, as I think it would be more significant rather than trading back into the range?

That was my train of thought anyway...not sure if it makes much sense ot if it's complete rubbish !!
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IMI 14 Mar 2014 10:21 #3

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DrMorpheus
Nice spot mate
This is in a trading range and if it does breakout then you have a target of the high-low of the trading range .So about 150 points.
Short below 1403.so best go short maybe 1398..
Id actually go long on the first attempt of 1403 with a 5 point stop. If this fails then my short will activate.


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IMI 13 Mar 2014 22:12 #4

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Last Edit: 13 Mar 2014 22:32 by DrMorpheus.
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