Secrets of day Trading Methods

Wednesday, December 29, 2010

Mark Austin FTSE Trading Update - 29th Nov 2010

Good morning
 
I hope you all had a pleasant Christmas period.
 
The FTSE has achieved 6000 and in one go. The final burst was based on low volume and its a big reason I don't trade the Christmas period as the market ignores normal behaviour patterns. A normal market does not move up in a straight line.
 
With a few days until the year end I don't anticipate the markets reacting to over bought conditions just yet. Fund managers will be keen to finish the year on a high.

0 comments:

Post a Comment