May be taking the bullish option, although the 'H&S' is still a threat.

I like the way the EMA's are lifting it...

There is a good chance the Inv 'H&S' may play out...Failure of the stops (red) at the close will close out longs and keep the hedges.

Running satellite scalps around the main positions on the 1Min chart is preferable for me at times like these...

Bonds hading lower...The German Bund is down again giving rise to higher yields from extremely low levels. trying to find support at S2. Any further weakness in not only German but world bonds will no doubt cause further destabilising ewffects on world stock markets.

The FTSE not being exempt, as it dropped 2% earlier and has since recovered to -1.6%. We did get the warning yesterday as I posted with the  'Spinning Top' Doji ('Morning Star') being confirmed today.

Look for the mid-line of Mondays candle and the 50/DMA for support. For now still in the lower frame up-trend, with both an Inv 'H&S' and 'H&S' options. 

Taken action to hedge and cover longs as a lower high may have been plotted...

The 'H&S' failed - look for potential support in here, but have trimmed longs...

Closed out the Scalp long from Friday. And re-hedging. Maybe a Bullish 'Wedge' but watch for the 'H&S' .

Daily shows the resistance again.

My have completed the 'triangle' and now will head down. If so eyeball the 10/Week Average for support...

Somewhat stretched intra-day and may need to settle in b4 attempting the highs...

Daily looks good but need the McD to go positive, keeping stops below mid-line of Fridays candle and below the 10DMA at 2092

The weekly is a worry...

Watch for the potential Slanted 'H&S' top - With 7065 (III) as the LS. Bear in mind the RS could go higher as a slanted neckline is present. Be aware of the 'Spinning Top' being left today (FTSE closes in 5Mins) and watch for confirmation tomorrow.

The intra-day shows a potential 'Bull Flag' and maybe one more high before completing the RS and rolling over.

Weekly shows a long wicked candle last week recovering the 10/Week Average and portending more gains...

Roll stops up...

Got the impulse move up alright...Only a bit more than I had plotted. Not complaining -- Sweet!...

Raise Stops...

Will watch for a reversal and buy signal to hedge again (Inv 'H&S' to plot?) Or new low?...

Hanging onto Scalp longs and Closed out hedges..

raise stops on remainder...

Bullish 'Wedge' may now be complete and a lift could ensue from here. Note the bullish composition of the averages...

raising stops is the usual exit, but I found for me stops were almost always tagged for price to then boom on up without me. So I tend to take a third slice of the profits on an initial gain, and then roll stops up, but will prefer to use hedges when stops are tagged rather then exit the trade, or a combination of both...ie one third as a stop and one third hedged at stop.

...Nice work.

Slice a third at 20 points and raise remainder stops to entry...