BG Group near the top of trading range

Diver993
Only short on the first attempt of that level. The risks of a breakout mount on every re-test.

Remo

Excuse this old fella talking out of his nethers: the long ws from 1300. I'm getting totally confused with the note I made on my chart at the time. Humble apologies.

I was into this a couple of weeks ago for a long from 1240....

screencast.com/t/zktfSbTzz

....I might just take your advice and short it from 1356

dl.dropbox.com/u/4899609/bggroup18thoct.jpg


This one is in a nice trading range.
The range if fairly big.

I always short at the top of the range on first attempt but with a very tight stop.Maybe 6-7 points.
If this does go through the top then i will look to go long. Best entry then would be on a re-test of that level again with a stop attached







DYOR
remo