Secrets of day Trading Methods

Friday, November 12, 2010

Mark Austin FTSE Service Update - 12th Nov 2010

Good morning

The FTSE will open sharply lower this morning. We have 2 consecutive end of day closes below the break out level at 5820 which confirms weakness on the index.

The area of no trading activity between 5773-5797 which I have been harping on about for almost a week has finally been filled.  This has been a real deterrent for me going long as these areas usually get filled with in 2 days.

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