Secrets of day Trading Methods

Monday, July 25, 2011

Mark Austin FTSE Trading Services - 25 July 2011

Uncertainty over the US debt deal has pulled the FTSE down overnight and we have tested the MA 200 currently standing at 5877.  We talked about a buying opportunity in this zone on Friday and this still stands however an open under 5900 is short term bearish so I am not willing to commit to a swing trade just yet and instead use a lower risk trade set up.

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