Thursday, September 24, 2009

And we're off.

1st trade in the ETX account

Short at 16346 stoploss 16366 size 0.5 (50p)

Short of 7am IB 16349-16382

below 6am open and 50ma

Nice break lower from Cable and we were never really in any drawdown.

The high of the 9am candle is 16242 so i have moved the stop down to 16256, hoping 16250 will act as resistance. Still should be 90 pips locked in, not bad for a 20 pip risk!

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