Today we closed our FTSE ladder position and also took a tunnel trade. The FTSE ladder 5100 position was taken earlier this week in conjunction with my analysis calling for the FTSE to close sub 5100 at the end of the week. (4.30pm Friday). Although this is still possible with time running out and some bullish signs appearing I closed the remaining half of the profit out early.
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When I met Mark I was enormously impressed with his FTSE trading abilities, so much so that I decided to recommend him to my clients. John Piper
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