Pep_prtrading

Short on the weekly chart

Short
LSE:LAND   LAND SECURITIES GROUP PLC ORD 10 2/3P
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2
Hi all,

I only take positions on the daily/weekly chart when trading companies as they are not open 24hr and I find my win rate is higher historically

ONLY If this weeks candle breaks the previous weeks candle will I take this trade.

Reasons for to go short

- moving averages are bearish
- price has moved below the 200 MA
- 50 MA is being respected
- descending trend line
- RSI is bearish
- STOP goes above the 200 moving average
- once target is met move stop to break even and take off profit and let the rest run