Indice UK 100

channel trade 4th August

44
Bank announcement yesterday kicked the FTSE up 100 points which means getting stopped out of the 1h break down trade. But if you'd had a 1h break up trade ready then you'd be up many a point.

Overslept so didn't trade the open but it looks as though the 5min break out wasn't a winner.

After such a move and especially on a Thursday, expecting low vol. Correction downwards but there might be some residual buying from yesterday's news.

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