Secrets of day Trading Methods

Wednesday, October 26, 2011

FTSE Trading Report - 26 October 2011

Today sees the EU summit meeting and traders will be paying close attention to the information and outcome of this event.  Therefore expect a largely new driven market today.  The tunnel strategy is always an option on days like this however there is a chance we may just consolidate until the meeting is finalised later tonight. I will therefore not be making a formal recommendation on this instrument but if traders can sell tunnels at 90 or higher the risk/reward always makes sense in these volatile markets.


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