Watch David Hickson’s Trading Summary Video for 28 January 2013.
The S&P 500 reached new highs last week, but the Nasdaq didn’t. The markets are looking fractured, and so I am wary of a strong move down.
- In the S&P 500 I am expecting a short F-category trading opportunity next.
- In the Nasdaq I am in a (small) long C-category trading opportunity, and am ready to enter a short D (or F) category opportunity next.
- The third trade in the profitable A-category opportunity in the EURUSD was closed last week, and on Friday I entered the long C-category trade.
- The GBPUSD continues to bring in the profits – we are riding trade three in the short F-category opportunity, and standing by to enter a (small) long A-category opportunity next.
To receive these Trading Summary Videos directly to your mailbox, be sure to Subscribe to “RECEIVE THESE BLOG POSTS BY EMAIL” from the blog.