13:20 Sometimes it is better not to listen to guts feelings… Barclays is 11 points down from my order but I chose not to cancel my sell order… Glaxo is 4 points down from where I bought it…
8:23 I am in with Glaxo but something hold me form entering Barclays. So I will give up this one.
7:40
Looking into the News Calendar it seems that all eyes are looking for tomorrow Nonfarm payrolls. Good results can send the Dow around 11k bad one and we can see it back to 10300 level.
So I don’t expect big movements today but here is my orders for Thursday:
1) Barclays Buy 346 stop loss 331 target 376 or Sell at 331 with stop at 346 with 301 as a target. Reason: Triangle & outside bar on the daily chart.
2) Glaxo. Buy 1139 stop 1121 target 1175. Reason inside bar on the daily chart near support level. MACD & Elder ray are rising.
Good luck