I hope you have all had a good few days rest over the holidays. The mother of a friend of mine died over the weekend, my thoughts are with you Farai.
Well an early morning couple of trades for me today. I traded my stochastic strategy on Oil, entry 8645 and took 8 points at 8653. Very early for big moves and I wanted to make the week a really good one. I am going away with my family for a few days and we are all looking forward to it...No Laptops allowed!
Well just time to tell you of my trade on Cable...Had been talking with a friend in the states and we were discussing shorting Cable at the S1 level of 15241. It had been using this as resistance all morning so when it shot up earlier we both jumped on. See below how the trade went.
Well I am off now to enjoy a week away with my family...No electronic items allowed.
The Investor Guru
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