Good morning
After a strong Asian session the FTSE will open positive this morning. Currently the index is trading at 5735.
With Ireland on the verge of being bailed out this could cause some short term upside towards 5800 (we have some gaps to fill above here) so I will be using systems to enter me short this morning but removing the risk early on. I then plan to run the second half of the trade if we see sustained price action under 5700.
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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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