Secrets of day Trading Methods

Tuesday, October 25, 2011

FTSE Trading Report - 25 October 2011

An end of day close above 5543 yesterday indicates we will see higher prices towards 5600 in the short term if we continue to trade above 5449.

Today the magnet stands and I will therefore look to buy the the FTSE binary to finish up for the day if we see any early sell off towards 5460. I would be looking to buy at a price of 15 or below (half usual stake). Its also dividend Tuesday which would support buying later in the day (last 1.5 hours). If the magnet has been reached before hand I will leave the binary alone.


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