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Looks like once again I underestimated the power of the positive KHC’s and WNER pull.
I have no idea in this NML still other than the TREND remains down for me which suggests I need to short a rally.
Problem is if 1679 breaks up its gap fill next at 1684.75.
Plan your trade, trade your plan!
and sadly I missed shorting 1679 earmarked resistance.
Plan your trade, trade your plan!
In the past downtrend has meant downtrend and uptrend an uptrend.
Sadly due to QE, downtrend really is not getting down fast.
It will change but for now we have to be patient
Plan your trade, trade your plan!
Apart from the overnighter bank of 5 points today, I have not managed anything else due to distraction city today.
It is still perky and if 1678/9 then it carries on up and fills the gap.
Plan your trade, trade your plan!
Very much in NML here still.
Can go either way into close.
I will not be looking at shorting 1679/9 this time as due to WNER and approaching crookshour, it can do whatever it wants, including rally and gap fill
Plan your trade, trade your plan!
Apologies I thought I posted it when I caught up.
Yes it did Ayaz.
Plan your trade, trade your plan!
Long 1676 as it looks like its about to start another intraday leg up
Plan your trade, trade your plan!
Oh dear, it is stuck at 1678/9 resistance.
I will hold for now.
crookshour cometh
Plan your trade, trade your plan!
Oh dear, they sucked me in.
It never broke 1678/9 and therefore remained in a downtrend.
I had three points in the trade but did not take.
I will just hold this lone long for now against the swing shorts.
Plan your trade, trade your plan!
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