Watch David Hickson’s Trading Summary Video for 21 January 2013.
Interesting times in the markets as the US markets reached higher last week.
- I continue to expect an F-category short trade next in the S&P 500.
- The Nasdaq is in the unusual situation of having both long (C-category) and short (F-category) trading opportunities.
- The Euro/US Dollar is in a similar situation, although the F-category short trade opportunity is less likely and further removed from price.
- The British Pound/US Dollar has been providing text-book examples of the FLD & Price interaction over the past 80-day cycle.
You can also watch David Hickson’s – “Trade Entries – Getting The Timing Right Video” – the first in the series about the next FLD Trading Strategy course.
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