The thing with trading is that you never know when you will make the profits for the year. There will be times when the market is difficult and times when the market is friendly. The key is to maximise profits when you are right and minimise losses when you are wrong...read more
So far today we have a weak FTSE 100 confirmed by the firmer GBP/USD and the weaker S&P 500. If I look at the Dax 30 it looks like the Dax will decline too in three waves similar to the previous decline. This pattern could be an expanding triangle. However the pattern is not very clear, it can be interpreted differently.