I don't tend to trade Bank Holidays as volumes are low and traders are generally off taking long weekends. These are times when the markets can do funny things. I didn't trade today but in hindsight, our system would have worked and bagged our 30 pips. For reference, here is the chart, the upper line is at 14493 and the lower at 14444. The market hits a high of 14550 which is almost 100 pips.
Today wasn't too exciting........ I was rather miffed about yesterdays double loss so hoping today would bring back some results. The lines were at 14488 and 14402. The upper bar was breached and the long trade was initiated... an easy 30 pips were bagged. However, the market initially went to 14541 before a smallish retrace and shot even higher to around 14587 (100 pips) before falling all the way down.. it wasn't too far from the lower of my lines and if a short was initiated, it would have
Quite a standard day today.. the market just went one day... down!! The trade lines were at 14375 and 14327 and the short was triggered about 730 GMT. It didn't take long for the profits to be bagged.. the low point was 14258 so more points could have been captured.
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