FTSE UK100 - Short - new position (see related)

Hi all

After shorting it on the initial down move, after the retrace, it has hit support and made an engulfing bearish candle on the 4 hour.

I now do expect it to head lower again, in turn gold to go higher and Yen pairs to go lower.

It is cycling lower nicely and an I think indices could be in trouble over the net few week.

Thanks for looking.

Duncanforex.com coming soon

Transaction en cours:

Hi all, I have entered a second position short at 7346.10

Transaction en cours:

Hi all
Trades are still live and going well

Transaction en cours:

Hi All
Trade is still live, stops are at entry point - will be looking to move them lower once this new swing high is printed at 7250 area.

Transaction en cours:

addtional entries at 7214 taken short and 7050 area is looking good for some take profit

Transaction en cours:

Stops moved to 7240 area with Yen strength decreasing, I think this will retrace up