Secrets of day Trading Methods

Tuesday, March 15, 2011

Mark Austin FTSE Trading Update - 15 March 2011

Good morning

Asian markets were hit last night on the back of Japan which has led to a sharp decline over night.

From a trading perspective I mentioned the importance of 5777 in yesterday's report and to avoid any long positions if we closed the day under this figure. The actual market close was 5775. I know this is only 2 pips but still relevant.

So what do the technicals tell us from here?

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