14 Mar
Footsie 100 / uk100 futures trade, long 150 pips potential hourly chart
Posted in Uncategorized by admin No CommentsThis trade was based primarily on the waht all the indicators were telling me, the price had tested monthly support 1 and had also bounced off the red moving average, cci 84 was above zero and moving up, cci 21 was oversold and was now also moving up.
The trigger , cci5 was crossing above zero and notice the volume indicator had changed from red to green indicating buyers were increasing also. If you drop down to the 15 minute chart it also confirms the downward momentum had eased off.
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