Midday Strategy



You can short around 2430, with a stop loss of just 10 points. Don't set too large a stop loss. You may choose not to set a take profit, but a stop loss must be in place. Remember not to hold onto losing positions! There are many opportunities; don't be afraid to take a loss on a trade. Catching one good trade can recover all the small losses previously incurred.
If the price retraces to around 2380 later, I personally think it's still worth trying to go long. Set the stop loss at 2370, which is a small stop loss, and aim for a take profit at 2430.
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