Friday, 22 July 2011

Friday 22nd July

Australia consolidated the gains it made out of hours, whilst Japan, China were quite bullish and added more upside during trading hours.


Expecting a moderately bullish day but will be trading extremes only as want to keep profits from this week in the bank.  Will consider long entry point only in pullback, possibly FTSE around 5925. If not then will wait for Dow open.

1 - nice pullback at open, long at 5938, base stake * 0.4

2 - added more at 5930, base stake * 0.4

3 - closed at 5954. Signs of weakness and i wanted to bank the money. Profit = £87.00.

4 - long again smaller stakes at 5942. Basw stake * 0.4.

5 - added another at 5932.  Both stops at 5913.  Base stake * 0.4

6 - stop hit for loss of £-96.60.

that's enough for today and the week, took a big loss there and want a break. Had a pleasing week overall, now for 48 hour away and come back refreshed next week.

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