Category Archive : The Open

Thursday 14th January 2016 – Morning

Not trading this morning as I got home from the game at 3am! Chart posted later for reference.

H030. FTSE THU 14012015 AM

Wednesday 13th January 2016 – Morning

Charts still messed up so using the 30 minute chart instead of the hourly. The overall trend is down, however we have an upward channel on the 30M and also an upward trendline on the 5 minute chart which seems to be holding, so looking to go long off key levels.

H029. FTSE WED 13012015 AM

 

Tuesday 12th January 2016 – Morning

Overnight selling pressure on the FTSE. Still trading within the downward sloping channel on the hourly. Looking to short any pullbacks to key levels.

H028. FTSE TUE 12012015 AM

Monday 11th January 2016 – Morning

Good morning! My thoughts going into today’s session were as follows:

  • Daily and hourly charts show downward sloping channels with the FTSE having bounced up off the bottom trendlines of both. The daily chart shows further potential upside, although I’m inclined to trade the channel off the hourly chart with the top of that channel around the 5960 level.
  • On the 5 minute chart you’ll notice the market trending up overnight, retracing back to support during the pre-open session, and resuming upwards at the open. Will look to trade off any pullbacks to the 5900 level and see if the upward sloping trendline holds or not.

H027. FTSE MON 11012015 AM