Trading Analysis based purely on Price Action as taught by Nial Fuller at www.learntotradethemarket.com. All I post here are setups which i see fit to trade win or lose.
Wednesday, 13 January 2010
LIVE TRADE - FTSE Short Closed
For 78 points. Opened Year end at 5450, closed at 5372.
Reason being Dow has made a new high, S&P wave 4 has gone into Wave 1 so the count is not impulsive down. The FTSE count down got very messy so i believe we still have a 5th up coming.
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