Secrets of day Trading Methods

Friday, February 25, 2011

Mark Austin FTSE Trading Update - 25 Feb 2011

Good morning

With the FTSE making a new high this week and falling away sharply the index will create a negative sell signal on the weekly charts if we close today's session under 6023.   For cautious positional traders this should be the sell signal to look out for.

We have major GDP news out in the US today at 1.30pm so we could have a volatile session on our hands.

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