robbyduffy

channel trade 18th July

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TVC:UKX   UK 100 Index
The market turned at 9am but didn't break the 8-9 range. It's unlikely so to do unless there's news.

Otherwise we will drift back up to the linear average I've put under my chart in yellow. It's a very clear and safe way to place swing trades, even with quite a close stop.

Reversing the opening spike didn't really profit anything but selling the 5min bar break down did for 10 points.

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