FTSE

dl.dropboxusercontent.com/u/40497882/ftse_eod.JPG

Clearly not!

Could this be backtesting the breakout from 6106 today? The weekly RSI is at support though not from a bullish divergence. It's very risky going against this correction so it's more a technical question than anything else...



dl.dropboxusercontent.com/u/20815047/FTS...SEweekly24_06_13.gif

Possible head and shoulders on the ftse????
If this finishes below 6205 then really bearish.
That would be the signal to avoid any new longs for the time being. Obviously short term trading is different but going long also requires speed and watchful eyes.


dl.dropboxusercontent.com/u/4899609/ftse20thjune.png

123 low breakout on 4H (6348)
Long @ 6350
SL 40 points

This trade has played out perfectly so far.
Now if you look at the chart its showing a hammer formation currently(you still have 1.5 hours of day left). And this has come at the perfect level as well. If your not already long from the entry mentioned earlier then you maybe able to re-enter from half way down the hammer with stops below over the next few trading days.


dl.dropboxusercontent.com/u/4899609/ftse13thjune.png