UK - HMSO short profits

[Tony Beckwith]

Hi to traders on the UK markets

A sell/short on HMSO [FTSE100 component stock] was automatically found by the EOD scanner recently...

This is a good example of a standard ABC correction-to-trend - simple ABC correction, completing in Typical price resistance, red sell bar, red/black STF indicator, at least +2x risk/reward at the 1st profit target.

Down again in London now, currently in +2-3x profit zone....

{Remember the 2 changes to the Scanner settings to find the best trades in small universes such as the FT100 stocks.....}

Thanks

Tony.

[Tony Beckwith]

Training Update: HMSO [U.K. FTSE100 component stock] short...

Thanks

Tony.