COB-LON

14/03/14 – My Trailing Stop has been taken out at the end of a negative for the markets as the uncertainty over the Ukraine crisis affects investors attitudes towards risk sharpen during this current sell off.  Trade has closed out giving a 1% profit on my trading account balance.  As Below

COB#8

08/03/14 – Another positive week (1 bar) for this trade with the price reaching new highs for this current Bullish movement.  With this trade’s looming MAR14 contract ending I have decided to move the Trailing Stop tight below the low of last weeks bar @ 290 to lock in 1% profit on my trading account balance.  I will have to make a decision after next week whether to close this contract and open a JUN14 contract to continue the trade or just take profits on or before the 17th of March.  Next weeks price action will help me decide, so I have just got to wait and see.  As Below

COB#7

28/02/14 – This week has seen a positive recovery from the recent pull back during this W5.  I have adjusted the Trailing Stop to 281.55 below the lows of the last two weeks (bars) and below the Trend Line I have drawn  on the chart (dark blue line).  This locks in 0.5% profit on my trading account balance and gives the trade space to work.  As Below

COB#6

15/02/14 – After 8 bars (weeks) into this trade the price has crossed the 50% to target line, but then closed back down below it on Friday 14th Feb.  Last weeks bar indicates that the buyers were dominant during the beginning of last week (bar) and bid the prices higher, however, the sellers later forced prices down from their highs and the week closed slightly lower than it opened.  This could mark a turn around and the price could tart to slide next week.  I want to make this a risk free trade and therefore have moved the stop Loss to 277 which is at the 0.25% profit line and below the lows of the last 5 bars (weeks).  Now a Risk Free Trade.  As Below

COB#5

23/12/13 – BUY order triggered and into the trade.  As Below

COB#4

17/12/13 – Stochastic has now crossed over below the 25% line (in the over sold zone), now giving 8/9 indicators in the green.  BUY order made on a MAR 14 Spred Bet contract, to BUY @ 276.28 out of the Trend Channel and above the high of the last 4 days. As Below

COB#3

29/11/13 – Trend Channel taken from Pivot B as complex Wave 4.  7/9 indicators in the green, but still waiting for Stochastic to cross below 25% line, which will give 8/9 indicators in green.  Keep a close eye on this next week as should look to trigger Tues/Wed.  As Below

COB-LON#1 COB-LON#2osc

paul@wave5trade.com'

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