The Federal reserves decision to keep interest rates low until at least 2014 sparked a reaction from investors yesterday. The FTSE100 beneficiaries of the Feds decision were stocks in the mining sector as they led Britain’s benchmark index to close higher @ 5795.2.
The Solas Swing Trading Software was well positioned to take advantage of this surge in the markets as it had activated strategies from the previous days pull back ahead of the FOMC (Federal Open Market Committee).
Exits were executed on this mornings open.
RRS.L – Exits S4 & S5 Positions
KAZ.L – Exits S1 & S3 Positions
JMAT.L – Exits S2 Position
Below is a snap shot of the current open and closed positions from the S1 & S3 Strategies.
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