Tuesday 5th January 2016 – Afternoon

Tuesday 5th January 2016 – Afternoon

The FTSE struggled for the rest of the morning before running into support near yesterday’s lows, formed a double bottom and staged a small recovery over the afternoon session. I took 11 points from this mornings second trade (see the tweets below) and managed to grab another 10 points from a trade this afternoon after noticing the MACD divergence and entering once price had pushed past an intraday resistance level.

H023. FTSE TUE 05012015 PM

Twt 05012016