FTSE, closed on the highs on Friday. Spiked up in asia trade today and has now closed the extreme gap in pre-market trade. Monday on the FTSE you can wait for the first 5mins of trade and if it breaks the range by 3 points go long or short and target the first 5min range in pips usually 8-15 works best.
In the first 5mins I am going to look for a spike up to 7705 for a sell and target the closing gap if pre-market is still above 7670.
FTSE, closed on the highs on Friday. Spiked up in asia trade...
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