Secrets of day Trading Methods

Friday, April 15, 2011

Mark Austin FTSE Trading Update - 15 April 2011

Good morning

I am holding my seminar in Dorking today so the usual service will resume on Monday. http://www.markaustintrading.com/seminars.html

The FTSE is currently correcting based on our analysis from last week and so far the market action is correctional. We had discussed the magnet target at 6042 on Tuesday and the possibility of the FTSE reaching this before we fell. The sharp move towards this level on Wednesday fits with our overall analysis.

We have expiry today so we could see a solid move come in after lunch.

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