Wednesday, 21 December 2011

Wednesday 21st December

Long the FTSE again today.

I think we are in for another up day.

1 - Long @ 5465, stake * 0.4

2 - Long @ 5457, stake * 0.4

Stops @ 5413.

Target @ 5494

3 - Long @ 5444, stake * 0.2. Max stake now in. Have to be careful here.

4 - closed @ 5471 on the spike up at 10.20. Not sure what caused it but releived to take money there. Max stage with 17 points profit, happy day again. 

Will await any pullback on FTSE later this morning or on Dow this afternoon before possible re-entry, otherwise happy to call it a day.

5 - good pullback after the spike on ECB news. Long again @ 5424, max stake * 0.4.  I'm expecting FTSE to turn back up to 5450 again before Dow opens, and will layer in more stake if we drop to 5410ish.

6 - stopped out at 5391, -33 points. Not good.

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