Many are predicting an upward movement

BCB #1	KNN
			Profit	buy, hold:	6583.8 - 5871 - 7 * (25 + 11 + 14) - 1 =	361.80
			post expense	KNN:	1133.77 - (7 + 1) * (25 + 11) =	869.67
Right	25.00
Wrong	11.00		Bin Test	0.0057
Null	14.00
date	close	f'cast	gain/loss	cum	note	outturn
20130920	6596.4	1			cautiously optimistic
20130913	6583.8	1	12.60	1133.77	week started well	I did better!
20130906	6547.3	-1	-36.50	1121.17	week started well
20130830	6412.93	1	134.37	1157.67	believeable

... and so do I.

Model says on a scale 1-10, this rates a 3

I am less sure.

The limit was close last week.  

Close was 6596 so:- Stop loss 6510, Limit  6683

I need to look at stop-losses and limits.

Possible upturn

BCB #1	KNN
			Profit	buy, hold:	6547.3 - 5871 - 7 * (24 + 11 + 14) - 1 =	332.30
			post expense	KNN:	1121.17 - (7 + 1) * (24 + 11) =	877.67
Right	24.00
Wrong	11.00		Bin Test	0.0083
Null	14.00
date	close	f'cast	gain/loss	cum	note	outturn
20130913	6583.8	1
20130906	6547.3	-1	-36.50	1121.17	week started well
20130830	6412.93	1	134.37	1157.67	believeable
20130823	6492.1		n/a	1023.30	hol

Weak bet on rise over next week 

Been looking into stop losses and position sizes.

Position size : on a scale 1-10, this rates a 2.

Close was 6583.8:- Stop loss 6497, Limit  6670

Movements are currently driven by news and so any mechanical technique is very vulnerable.

More Congestion?

Access limited as not at home

Weak bet on fall over next week 

Been looking into stop losses and position sizes.

Position size : on a scale 1-10, this rates a 2.

Close was 6547.3:- Stop loss 6632, Limit  6416

Movements are currently driven by news and so any mechanical technique is very vulnerable.