Europe: UK GFS rally profit

[Tony Beckwith]

Hi to traders on the European markets

GFS [UK FTSE100 component stock] gave a Minor MTPredictor Buy set-up, found automatically by the Scanner - a simple example.

Training lesson: find similar set-ups by doing this - click Advanced tab, click Minor, tick ABC. Remember also, always keep Last Point at Typical Wave C WPT unticked when scanning a small universe...here 100 instruments.

Result: currently +2.7x profit on a risk-controlled Buy.

Thanks

Tony.

[Gepetto]

This trade is now break-even. Would be interesting if target reached... but this is far far away

[Tony Beckwith]

GLE rallied to Euros 73.4 in Paris this morning - a rallying free trade...

Good call Gepetto.

Tony.