Stoxx 50 : Possible end of a correction cycle

8 feb 2016

Hello traders,

We might assist to the end of a correction cycle , started May-June last year.

Gann cycle also coincides with a 50% Fibo retracement from last bullish impulse . This month low should be an inflection point. I´m entering long at current level

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6 Trading Rules :

1. Never add to a losing position .
2. Don´t be the first to buy low and sell high ., and don´t be the last one to exit
3. Think like a fundamentalist, trade like a technician .
4. Keep your analysis simple
5. Start small and increase exposure when trend is confirming your analysis
6. The hard trade is the right trade

Josep Pocalles

29 feb 2016

Trade attivo

Trailed stop to 2600 , profits protected