UK100 PREPARTION AND TIME TO KILL
Team, yesterday's market was very volatile, but we managed to make some profit and set our stop loss at BE.
Today, we will have our entry at the current market price at 8155-62
We will add more at 8130-35 - WHY? We could see (markets marker) trying to spike down to hit stop loss and then moving back quickly, so we want to catch that.
So our stop loss will be at 8115
Our Target 1 - 8186-88
Target 2 at 8206-12
Target 3 at 8232-46
We are expecting this week or next week; the price should be back toward the 8260-8320 ranges.
NOTE: Once the price hits our first target of 8186-88, bring the stop loss to 8145 or BE. We will be booking 50% profit at this level.
Today, we will have our entry at the current market price at 8155-62
We will add more at 8130-35 - WHY? We could see (markets marker) trying to spike down to hit stop loss and then moving back quickly, so we want to catch that.
So our stop loss will be at 8115
Our Target 1 - 8186-88
Target 2 at 8206-12
Target 3 at 8232-46
We are expecting this week or next week; the price should be back toward the 8260-8320 ranges.
NOTE: Once the price hits our first target of 8186-88, bring the stop loss to 8145 or BE. We will be booking 50% profit at this level.
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