We closed all our directional short ALSI futures positions yesterday.
The market is in consolidation phase, ZARUSD 7,35, Gold 1165 and DOW down half a percent. We are sitting on the sidelines at the moment and looking for a down leg to the market. When the break occurs we will start to sell short with all stops at 2 x ATR. (one MUST always have a stop on ANY short position)
A bit more later during the morning.
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