Thursday, 27 December 2012

Ftse - Bearish shooting star 144 days from the low

we formed a bearish shooting star today and came within a few points of the measured move posted in Tuesday's chart   https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEianyXmNt9Tsoy33oDuxZy_RFl2wXu72I9fQa1tV-Ai7RrdK7LU5YEjK3R9QHGbwF5iyohKpKO4R2g9ZJ4or4alSMjsnU17JrqEZZRHclrW9lKXdS01fK2jjJ3a2e05LtD-YfrrMcdrT456/s1600/ftse.jpg

we also got a Bollinger band pierce.In these manipulated markets the Bollinger band pierces seem to give quite good entry and exit signals,whereas the swing charts rarely seem to fulfill their potential  :-)

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