FX:UK100 FTSE 100 index of UK listed shares
Go long the FTSE100 if it trades at 6930 or higher. If triggered, place your stop at 6803 and exit the position for a profit at 7035 or at your own discretion. (Always invest wisely).
In this idea you don’t get the following:
1. How to identify the trade setup
2. How to identify short term trend
3. How to protect gains in your trade
4. Market deciding price exit for large moves in the market
5. Money management
6. Buy/Sell line which let you know when to buy or when to sell
7. Rules of gap opening
Comment: standard exit hit @ 7035 with 105 points in the bag. now waiting for market deciding price exit.
Comment: 95 points move in the bag after market deciding price exit hit @ 7025.
Trade closed: target reached: 95 points move in the bag after market deciding price exit hit @ 7025.