IMI- Trendline bounce

This is a free trade now.
Ive taken most of the profit from the gap fill yesterday . I left an order in the market to close most of my short at 1097.
The gaps are great places to take profits from.
The remaining positions ,i have moved my stops to profit at 1132.

Im showing my trade idea for learning purpose so that people can see how to trade.
My trading is in and out so not for everyone as can be seen from this thread.



DYOR

This is looking good so far.
Is this a island top ?????right at resistance....
im already short on this and its a free trade now.



who says technicals dont work

dyor

just gone short with 15 point stop.This is a first touch basis trade.



dyor

This ones approaching a possible double top???
Im gonna short this on a first attempt basis only with a tight stop of 20 points.
1142 is the all time high and was hit in july 2011.
Its worth a short only on first attempt basis.This is obviously going against the trend trade




dyor

screencast.com/t/poce6X8v

Just increased my IMI short ( Spread is 3.2 and I got a sell at 1079.91). Stop is at 1104 and my target is around 995. I'll trail the stop down manually should the trade move my way.

Maybe time for a little pull back, to 1030 at least?
channel and Fibb extension at 1098