Friday 8th January 2016 – Afternoon

Friday 8th January 2016 – Afternoon

Bit of an up and down day with the FTSE trading between 6010 and 5950 for most of the day. I managed to place a couple of trades off intraday support and resistance levels – the first with MACD divergence which was a loss (stopped out for 20pts), and the second, an inter-changing SR play, which netted a few points. Unfortunately I missed shorting the double top formation although I mentioned the 6014 level in my update this morning,

H026. FTSE FRI 08012015 PM