Shorting FTSE big time
Hi
- if u are reading this u are witness to the beginning of what could be a legendary trade.
The chance of this to play out is about 20 pct.
- Atm im long dax and sp500 from the lows of 25th of January 2022.
But i shorted ftse today for to reasons:
1. Short setup confluences: Dobbelt top, failed auction of highs before covid, HTF inversive head and shoulders could be forming, and this is the right shoulder bout to form. - And we are having at daily pattern in dow jones that if friday is trading lower then monday the 14th of february would be to the short side as well..
2. For a Hedge.. I can not predict the future but only take the trade i know have a higher outcome for me to be on the right side - statically. I will close my longs in the us indicies, if we get a weekly close under this weeks close.
- if u are reading this u are witness to the beginning of what could be a legendary trade.
The chance of this to play out is about 20 pct.
- Atm im long dax and sp500 from the lows of 25th of January 2022.
But i shorted ftse today for to reasons:
1. Short setup confluences: Dobbelt top, failed auction of highs before covid, HTF inversive head and shoulders could be forming, and this is the right shoulder bout to form. - And we are having at daily pattern in dow jones that if friday is trading lower then monday the 14th of february would be to the short side as well..
2. For a Hedge.. I can not predict the future but only take the trade i know have a higher outcome for me to be on the right side - statically. I will close my longs in the us indicies, if we get a weekly close under this weeks close.