Secrets of day Trading Methods

Thursday, October 7, 2010

Mark Austin FTSE Service Update - 7th Oct 2010

Good morning

Today sees the start of the third quarter earning season in the US. 

We also have a raft of important economic data released over the next 2 days in both the UK and US.

http://www.dailyfx.com/calendar.

The big item of news is the Non Farm Payrolls (tomorrow) and we will be looking to profit from the tunnel trade strategy on this.

Yesterday was also the last FED buying purchase until the end of October so we could see some profit taking on the US indices which will drag the FTSE down. 

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