Monday, 4 July 2011

Monday 4th July

Morning,

Difficult day today with little movement as the US is closed.

Waiting for a short around the 6,000 mark as i don't think the high of Friday will be topped today, without the US open.  Waiting for 6,000+  befort shorting at least lowers the risk.

1 - short ftse 6002.5.  Stop  6021. Target 5986.  Minimum stakes for this trade. Base stake * 0.4.

2 - stop hit for a loss of £-40.  Surprised by the strength of the FTSE today.

Don't fancy any more trades now today, with the Dow closed.

Cheers

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