Secrets of day Trading Methods

Friday, September 30, 2011

Mark Austin FTSE Trading Services - 30 September 2011

Its the last trading day of the 3rd quarter this year and one which can only be viewed as a dire period for the stock market.  It is not uncommon for fund managers to ''window dress'' (http://www.investopedia.com/terms/w/windowdressing.asp#axzz1ZPCAErM6) at quarter ends to improve the performance of portfolios.  If this is to be the case then we would see a big buy in straight off the open at 8am.  If we don't see this and the markets falls again today then its likely that the next stage of this bear market has begun and the recent bouncing around in a tight range was just a mechanism to flush as many sellers out of this market as possible before the next stage of selling.

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Thursday, September 29, 2011

Mark Austin FTSE Trading Services - 29 September 2011

For now the FTSE is in a rectangular formation between 5023 and 5332 and a break either side of these levels will confirm the next major move for this index. Whilst we trade between these levels we are just seeing sideways action which is why we are seeing conflicting signals right now.

Today we have an important bail out vote from Germany and this could spark a major move today. Its possible we could see the market rally early on in anticipation of good news which seems to be the recent trend at present and then fail if investors do not hear what they want to.  I.e these rallies are fueled by hope. The vote is at 9.00 GMT.


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Wednesday, September 28, 2011

Mark Austin FTSE Trading Services - 28 September 2011

We closed above 5167 (which was also the days low) yesterday and this is short term positive however the move was on a dividend day and we have seen these gains reversed the next day in previous sessions.  For now the short term outlook for the FTSE lacks any clear direction but the medium term trend is still down whilst we trade below 5300.  

Whilst we trade above 5167 the bulls have control however if we break below here I expect yesterday target to be reached at 5152 and then further selling towards 5000. 

The magnet today is was looking like a good opportunity but we have shot up already.


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Tuesday, September 27, 2011

Mark Austin FTSE Trading Services - 27 September 2011

We are set to open strong this morning after the FTSE gained ground over 5100 again last night. Our key level from Friday.  We attempted selling the market yesterday with the break of 5min bar at 2.30pm and although the second half of the trade was stopped out there was still some overall profit taken. As mentioned I was only comfortable with a low risk set up for this as we didn't have a magnet target below us.

Until we get some clearer news on Europe I expect to see volatile action but in the absence of a daily close above 5167 , selling it still the preferable option. Rallies are unlikely to be sustainable with no plan in place for Europe.


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Monday, September 26, 2011

Something a little bit different...

Something a little bit different...


Mark Austin Trading

UK's Premier Online FTSE Subscription

 

Dear Trader,

After living in the Far East now for a number of years I have met quite a few independent financial traders, who with their skill set can choose where they want to live. But it would be unrealistic to think trading the financial markets is the only profession that allows ultimate freedom. John Piper recently allowed his clients special access to an individual called Simon Lloyd who specialises in a different market but with just as many inefficiencies to exploit and profit from. After reviewing Simon's work and returns over the last 2 months I am impressed with his depth of knowledge on his chosen field and would now like to extend this special risk free offer to a limited amount of people. Before I go any further here's some background on Simon and what he is offering:

Background

Allow me to introduce myself. The name is Lloyd, Simon Lloyd. Having shrugged off teenage fascinations with James Bond movies (well, almost), I decided to bore myself nutless by working in an office for 14 years. It was after a vision of Pope John the 2nd being strangled whilst staring at the office stapler that I decided to quit life in the funny farm and do some backpacking in Australia for 3 months. It was then I made my first trip to Asia, I quickly became inspired to learn more about this part of the world.

Simon Lloyd Img

It was upon returning to my glorious country (yes, England), when I had the pleasure of temping for a few months and using my passion for sport to create an extra income - I quickly realised I could spend a few hours every day analysing sport and this turned out to be a profitable business. I have been betting now for about 7 years, in England and in exotic Asian locations, thanks to the trusty laptop.

After successfully completing my CELTA teaching certificate, I left the UK for pastures new 4 years ago and chose to teach English in Hanoi, Vietnam where I combined teaching and brushing up on my tennis in the tropical sunshine each day! Since then, I have travelled and worked in Japan, Cambodia, Thailand and last year was spent in Danang, Vietnam.. This is a fascinating country and city with an appealing culture and I highly recommend you pay a visit one day.

Learn what is behind my success and how I became a professional sports better

I focus on soccer, cricket, tennis and golf - this is where I have the most knowledge and past performance success - though I will throw in the odd horse racing bet as I see fit!

Whilst I do not employ a 'secret method', I regard myself astute in knowing what to bet and not bet on -my service is about helping you learn these strategies, the key to helping you become a professional sports better. Furthermore, I have learnt the hard way betting over the years and this means you don't have to!

I will also give you an insight into how I go about my business and by this I mean how I analyse the outcome of sport and the odds - the strategies behind why I favour some bets and not others.

You will also be given exclusive access to high probability sports bets - so you can profit as I do.

Some of my notable recent successes include:

SOCCER - BARCELONA TO WIN CHAMPIONS LEAGUE FINAL AGAINST MAN.UTD 2011 - ODDS 1/2 STAKE 1000 POUNDS WIN 500 POUNDS

CRICKET - ENGLAND TO BEAT INDIA 4th TEST IN-PLAY - ODDS 7/4 STAKE 100 POUNDS WIN 175 POUNDS

GOLF - T BJORN TO WIN JOHNNIE WALKER CHAMPIONSHIP IN-PLAY - ODDS 9/1 STAKE 5 POUNDS EACH WAY WIN 56 POUNDS

I envisage a healthy profit from golf as my selections are consistently well placed (not always!), and the rewards are very high when you pick a winner at 25/1. Each-way betting on the golf events is similarly rewarding.

Football is the common man's favoured sport and I particularly like DRAW NO BETS, doubled or accumulated sometimes, as these offer a cushion if your team(s) only draw. Also, if a clear favourite goes a goal down, you can bet at this time at favourable odds knowing that your selection is still unlikely to lose, a great example being Chelsea falling behind to Norwich recently. Betting in-play thus becomes a wise method.

I will also give you an insight into how I go about my business and by this I mean how I analyse the outcome of sport and the odds - the strategies behind why I favour some bets and not others.

You will also be given exclusive access to high probability sports bets - so you can profit as I do.

My tipping service

I send a general report by email when I come across a high probability bet - this could be daily or every couple of days.

Every time I place a bet you will be alerted on your mobile phone through an SMS alert and by email.

My specialist areas are soccer, cricket and golf, whether its Polish League 2 or some Italian golfer you've never heard of!

I recommend to start that you paper trade my bets and this is so you can try the service at no risk. Once you are confident this service is for you I recommend that you keep your initial bets much lower than the service stake - this is recommended for someone new to sports betting and indeed the service. More experienced betters may increase their stake gradually when confident in either my or your selections.

 

Here's some feedback from John's clients already:

"An excellent start although I did not go in as heavy as you" - John

"I have been paper trading until now but you are right so often that it is time to risk some real money" - David

...and an example of a winning bet from last week:

SOCCER - EUROPA LEAGUE

AZ TO WIN ATLETICO MADRID TO WIN This is a DOUBLE bet 
priced at .87/1

STAKE: £300

Potential Win - £263.30

Comments: Atletico are at home to Celtic, a very poor team away from home in Europe. AZ are a top Dutch team who should have no trouble dispatching Malmo from Sweden.

BET MADE 15/09/2011

Nothing complicated and nothing clever.... this easy 5 minute double bet pocketed members£263.30!

Ok so if sports is your thing and you want to make some money on the side you may find this quite exciting.

Simon is opening the doors to just 20 people for this initial offer and the first months trial comes with a no question money back guarantee. At this points the monthly sub is just GBP 37.

  • PLUS you get the first month at HALF PRICE - just £18.50!
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I also want to stress that if you subscribe at this low rate but then cancel that the rate will NOT be available subsequently.

Here is the payment link...

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Best regards,

Mark Austin

Mark Austin FTSE Trading Services - 26 September 2011

Short was the preference for all of last week and this was re-enforced on Friday with the market unable to make any head way above 5100.  We are opening well below this key level again and we could see further selling today towards 4800 before a rally comes in.

The magnet stands today and I expect this level to be seen this week.


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Friday, September 23, 2011

Update* Mark Austin FTSE Trading Services - 23 September 2011

Sorry that should read 4950 and not 5950 !
 
Mark

Mark Austin FTSE Trading Services - 23 September 2011

Yesterday we saw the market close under 5100 which confirms we will see further selling.  The strong sell off yesterday was typical of wave 3 (which are the most powerful waves in Elliott wave theory).  The rally up to just under 5100 over night could be wave 4 which means we are likely to see the FTSE stall under 5100 this morning and decline further or we will see a brief blip up over 5100 towards 5130 and then further selling towards 5950 and lower.
 
 
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Thursday, September 22, 2011

Mark Austin FTSE Trading Services - 22 September 2011

Today we are following on from yesterdays analysis.  The stop which i mentioned for sellers in this market was kept in tact (a full 10 minute bar closing above 5360) and we have see a case of ''buy the rumour, sell the fact'' , in response to Bernanke's comments last night. Yesterdays forecast was a decline to 5100 and we are almost there now.  The next big hurdle is 5100 and an end of day close below this level is the big sell signal and will indicate a final move to 4800. If we don't see this then we could trade sideways for the time being between 5100 - 5360.


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Wednesday, September 21, 2011

Mark Austin FTSE Trading Services - 21 September 2011

The market saw a short covering rally yesterday which has investors second guessing the direction of this market. So the market achieved what it needed to do which was probably the result of too many sellers positioned in the market.  

Its day 2 of the FOMC meeting and after last night failed to deliver any meaningful comments, we will have to wait to see if Bernanke can deliver this evening.  I don't foresee the market making new highs above 5406 unless some positive news is delivered. 


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Tuesday, September 20, 2011

Mark Austin FTSE Trading Services - 20 September 2011

Our analysis remains the same as per yesterdays report. The FTSE is on target to hit 4800 whilst the market trades below 5406. A few key points today:

Its dividend Tuesday - The dividend is only 1.5 today however the FTSE generally finishes positive on these days.  If we closed down for the day that would be a bearish sign and re-enforce the case for a sell off towards 4800 in the near term.

There is a FOMC meeting scheduled tonight (after the FTSE closes) and again rumours are circulating that Ben Bernanke will announce new liquidity measures (QE3). 


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Magnet Strategies - How to use this leading indicator* TIP 9

Magnet Strategies - How to use this leading indicator* TIP 9




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Monday, September 19, 2011

Update * Mark Austin FTSE Trading Services

The FTSE could continue to slide today.  Unless the Greece problem is resolved its unlikely the market will trade above 5406 in the mean time. Traders are in fear mode whilst this is lurking over their heads and are unwilling to commit to the stock market long term. 

I will look to position subscribers when I see the structure of the next rally.

Mark Austin FTSE Trading Services - 19 September 2011

We had expiry on Friday and turning points either come straight after this event or the following Monday. 

Today the FTSE is opening very weak on fears over Greece.  Traders are unlikely to become bullish until this matter is resolved. Until then the preference is continued selling towards 4800.


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Friday, September 16, 2011

Mark Austin FTSE Trading Services - 16 September 2011

Today we have triple witching which will take place mid morning - 10.10 - 10.20 am.  The moves that come in after expiry are often pivotal and shape the direction of the market going forward.  On Monday the open (8am) will gives us important information on how we need to trade next week.

Subscribers have the triple witching strategy which can be deployed later on. I will provide some guidance mid morning but more experienced traders who have done this before are wise to choose their own parameters.


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Thursday, September 15, 2011

Mark Austin Trading FTSE Services - 15 September 2011

Yesterday we held 5100 firmly at the open and the market pushed higher towards 5240 which we had discussed. If the market is going to start its next decline then we should see a turning point either today or expiry (tomorrow). 

Mid morning I will be sending the triple witching system for expiry to service subscribers.


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Wednesday, September 14, 2011

Mark Austin FTSE Trading Services - 14 September 2011

The volatility continues with wild swings over night. As we discussed yesterday this is quite typical for a week leading up to a quarterly expiry and I expect big action on Friday.

The pattern for now is just consolidating and we are unlikely to see a major break to new lows unless we see the FTSE break below 5100 today.


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Tuesday, September 13, 2011

Mark Austin FTSE Trading Services - 13 September 2011

We'll open near to 5200 this morning which fits in with our medium forecast from yesterday - albeit I expected prices to target 5030 before we saw a rally.

Is the rally over?  Well if we see the market trade above 5215 today (during cash hours) then I would expect to see higher prices in the short term but I would not expect the FTSE to go above 5300.  


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Monday, September 12, 2011

Mark Austin FTSE Trading Services - 12 September 2011

The FTSE has reached our initial target at 5190 and also filled a previous unfilled closing gap at 5150 from the 6th September. 

The question now is whether this move down is part of a larger and more severe decline which would carry the stock market to 4800 and below in the next 2 weeks. The open should give us some clues today as if the pattern is correct, then this is wave 3 down (the most powerful wave down in a wave sequence) and I would expect to see prices trade below 5150 and also break down through 5132 today.  

(Since writing this report prices have dropped to 5120 so I would imagine we will trade below 5132 at the open.)

The catalyst for deeper selling is Greece defaulting and this may come to a head this week. 


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Friday, September 9, 2011

Mark Austin FTSE Trading Services - 9 September 2011

President Obama delivered his speech last night but there has been little reaction in the markets so far and no clear sell signals.

At this stage because we now have 2x closes above the 61.8% Fibonacci level at 5311 ( a positive sign), if we see a clear break above 5360, this would be a positive signal for the market and a decline to at least 5190 will be delayed.


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Thursday, September 8, 2011

Mark Austin FTSE Trading Services - 8 September 2011

We saw prices trade above 5311 yesterday during cash hours (8am - 4.30pm) and we also closed above this level on the days highs.  This is short term positive action and has delayed any sellers coming into this market.

Yesterday's wave count is still valid but with prices trading above 5311, prices could theoretically trade all the way back to 5450 and the pattern would still be intact .  We also have Barack Obamas speech today which is rumoured to provide details on QE3. This could change everything.  Therefore expect another volatile day. Its a day for tunnels if I see a good price.


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Wednesday, September 7, 2011

Mark Austin FTSE Trading Services - 7 September 2011

The FTSE completed 5 waves down yesterday albeit by one pip. The low for the day was 5086 so just 1 pip from the early morning session low.  This also counted as a false break below the key level at 5089 that we had discussed.  5 wave patterns are impulsive and signifies the trend. In this case the trend is down and we can expect lower prices shortly. The rise we are seeing now is wave 2 up. Once complete wave 3 which is the most powerful wave could carry us to below 4800. Wave 2 could end just over 5300 so i will be looking for sell signals.


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Tuesday, September 6, 2011

Mark Austin FTSE Trading Services - 6 September 2011

The FTSE closed just above key support yesterday at 5089. The close was 5102. At this stage if we see the index close below this figure then we are likely to see prices fall below 4800. 


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Monday, September 5, 2011

Mark Austin FTSE Trading Services - 5 September 2011

The close below 5358 on Friday confirmed our analysis for further selling towards 5150.

We saw a very rapid selling spike just after the non farm payrolls news release on Friday which is a negative leading indicator.

Today we have labour day in the US and American markets are shut.  With this in mind expect a low volume afternoon for the FTSE.


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Friday, September 2, 2011

Mark Austin FTSE Trading Services - 2 September 2011

Its non farm payrolls day and these days are often pivotal. The news release is at 1.30pm.  At this stage 5358 is a key level for determining where the FTSE is heading for the month of September.  The short term market is bullish whilst we avoid an end of day close below this level but the longer term trend is still firmly down. American markets are also at key levels.  A weekly close below 5358 today will indicate a move to at least 5100 and lower and a weekly close above 5358 will indicate higher prices towards 5700. 


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Thursday, September 1, 2011

Mark Austin FTSE Trading Services - 1 September 2011

The anticipated rally came in yesterday and has reached the target between 5350-5400.  

I will point out the FTSE did close near its highs for the day which is not ideal when you are looking for sell signals.  Whilst the index trades above 5358 we have to respect the positive price action. I am on the look out for reversal signals for us though.  


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