channel trade 12th June

TVC:UKX   UK 100 Index
Hi all.

I didn't post yesterday because I was in appointments all morn. I didn't trade forex on election night either. I was in Nando's when the exit poll came out and that was pretty much the extent of the drama anyway. I was hedged on the FTSE but as the currency went down I was completely expecting a gap up. In any case it was a normal looking range bound wavy day just with a lot more volatility . Good day to make money. (+3%)

The spike down from pivot and 7500 area worked today with the volume of the election news trading giving us a 20 point spike. The range seems to be scoped out for today and I'm expecting low volatility after Fri . If there's a break it will be upwards.


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