"P and F"ing the FTSE

[Dr Mike]

Hi Oatman


I was confused in the middle bit and remembered an old post of TBS's which implied that sometimes it's better to get out when in or approaching a contested area and go back in when the fog has cleared so after spreads I broke even on the first and got 16 points on the final double bottom breakdown.

Cheers

 

[oatman]

Dr Mike,

The first one was too early for me. I like to let it settle(20mins.)
The second one, my signal was 50 not 47. Ended 9 points down.
Sold 35s, payed 21 on a reversal Stop. Not very well placed, but it happens.

Be lucky,