Secrets of day Trading Methods

Tuesday, January 31, 2012

FTSE Trading Report - 31 January 2012

Yesterday we saw a decisive break below 5700 which indicates we have a short term top at 5810. However we could well see a bounce upwards today.  The reason being Tuesday's often reverse Mondays and have a bullish bias and we also have yesterday's magnet. We chose to avoid this for good reason but it will still draw the market in if we go above 5710.


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Monday, January 30, 2012

FTSE Trading Report - 30 January 2012

We discussed good sales opportunities for a failure at 5800 on Friday and we have since fallen back.  The open today is very important to confirm whether 5800 will act as a short term top in this market.  As we know 5720 has been key support for some time and gapping below a key support level at the start of the week is a negative signal.


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Friday, January 27, 2012

FTSE Trading Report - 27 January 2012

A consolidation day is on the cards today early and we could well see the market trade the over night range (5760-5790) during the first 2 hours of trading.  The market will struggle to gain ground over 5800 as its Friday and traders will be squaring off positions so look at selling a failure at 5800. 


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Thursday, January 26, 2012

FTSE Trading Report - 26 January 2012

The FTSE closed just above 5719.90 yesterday which I would imagine most of you were watching for. The close was 5723. As such we did not receive our sell signal that a major top is in place at 5790 and I would hope for those short in the lifestyle trade took profits at this point.   At this stage I am neutral and waiting for confirmation of the next pattern to trade. 


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Tuesday, January 24, 2012

FTSE Trading Report - 24 January 2012

A strong up day for the FTSE yesterday after holding key support at 5720.  We can't get too bearish whilst we trade above this level (5720) but I also think the index will struggle to gain ground above 5800 before a pull back to relieve over bought conditions. The daily RSI diverges negatively against current price action which supports my view for limited upside from here. In terms of a pull back , 5700 is the most likely area for now.  Once we see this area I can decide whether we have seen a top in this market or not.  This rally is all about squeezing the bears until they give up. Then we fall.  Yesterday would have a done a good job at doing this.


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Friday, January 20, 2012

FTSE Trading Report - 20 January 2012

Following on from yesterday's report I wanted to see the FTSE make a new peak at lunchtime and then fall away.  This is pretty much what happened but the US markets have dragged the FTSE up and we are once again trading at yesterday's lunchtime highs.  Right now we want to see some evidence that a top is in place. Its expiry today and key moves often come in after this event or first thing on the following Monday. In fact Monday morning signals after expiry can be one of the best time to confirm a move or pattern completion and offer a low risk entry.


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Thursday, January 19, 2012

FTSE Trading Report - 19 January 2012

No real change to my view from yesterday. We have observed break outs above 5700 but buying has been short lived. This indicates that sellers are dominating over 5700 and any rally that does develop will be short lived.

Today if we open and hold 5700 we could well see one final blow off top and peak around lunchtime.


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Wednesday, January 18, 2012

POM PROGRAMME - 14 APRIL 2012


Mark Austin Trading


MARK AUSTINPOM PROGRAMME - 14th April 2012


Mark Austin Trading

UK's Premier Online FTSE Subscription

 

Dear Stephen,

I was a little rushed last week taking bookings for my Systems and Gap Trading Seminar on 13th April - in fact we sold out!

It was hectic and I neglected to advise you that we have increased the price of POM - there is also a POM seminar on 14th April - and the deadline on the old price was meant to be last Friday.

But it is not fair to impose that on you without telling you, so this email is just to tell you that if you want to save £300 you still have a few days to go.

Here is the POM link at the old price...

http://www.markaustintrading.com/promo/POMaweb.html

The new price will take effect from midnight on Friday 20th January.

Best wishes,

Mark Austin
mark@markaustintrading.com
www.markaustintrading.com


Here's what my members say-

"Happy New Year to you! Thank you for the outstanding service you have provided this past year. I am a better trader now than I was at the start of 2011 - and that is largely down to your influence. Here's to a happy, healthy and prosperous 2012." Dave

 
Mark's FTSE trading service is designed for educational purposes only. There is a risk of loss in all trading. Spread Betting carries significant risk and should only be undertaken by those who can afford to lose some or all of their investment. Past performance is not indicative of future results. Before investing, or if in doubt about the suitability of an investment please seek independent financial advice. Mark's FTSE trading service is authorised under an arrangement with t1ps.com Ltd, which is authorised and regulated by the Financial Services Authority and can be contacted at 3rd Floor, 3 London Wall Buildings, London EC2M 5SY.

FTSE Trading Report - 18 December 2012

Major resistance still lies at 5700 but an upward break again is a short term positive signal but I would not expect this to last long.  We saw a break above 5711 yesterday but sellers came in. If this market was setting up for another major move to the upside we should have seen buying continue. This was not the case. At this stage if we see the FTSE rally above 5700 I will be looking at selling short term over bought conditions.


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Tuesday, January 17, 2012

FTSE Trading Report - 17 January 2012

The FTSE has risen over night on low volume. If we trade above 5711 after the open then the FTSE is set to climb higher in the short term and possibly towards 5800 but i don't expect prices to remain above 5700 for very long. 


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Monday, January 16, 2012

FTSE Trading Report - 16 January 2012

Friday's session ended the week producing an inside week which means we traded within the previous week's range. This suggests we will either break down below last week's low or the high.  Given that we failed to go above 5711 on Friday and our analysis is calling for a fall towards 5470 the chances of a break down below 5583 are favoured. We also saw a negative outside day on Friday which is also short term negative.

In terms of trading today many investors will being focusing on the European downgrades on Friday and keen to sell early on so we may see some initial higher prices early on to offset traders.


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Thursday, January 12, 2012

FTSE Trading Report - 12 January 2012

No change to our FTSE analysis and we are still trading in a very tight range between 5700 -5600.  A break out is looming and it could come in today as we experienced an inside day yesterday. If we do break out above 5700 I do not expect the rally to last very long and it would be more of a stop hunting exercise.


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Wednesday, January 11, 2012

FTSE Trading Report - 11 January 2012

Although we saw a break out above 5700 yesterday, the market has failed once again above this region.   We could well see a rally above 5700-5720 today to remove shorters from this market but only an end of day close above 5720 is going to change the short term trend from negative to positive.  My target at 5470 is still valid even if we close above 5720 but we may well see higher price towards 5800 in the meantime.


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Tuesday, January 10, 2012

300 DISCOUNT if you sign up by midnight Friday 13th January 2012

£300 DISCOUNT if you sign up by midnight Friday 13th January 2012 

FTSE Trading Report - 10 January 2012

We have a magnet today. We can sell the market for this at the open but the market really needs to drop straight away and then make progress below 5650 quickly.  So avoid the trade if we open and move higher as we could see higher prices quickly. The stop is therefore the open price. 

I am expecting a break out below 5600 or above 5700 today and the open will be key.  If we climb higher I will once again be looking for signs of failure below 5700 as well for a possible trade.



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Monday, January 9, 2012

FTSE Trading Report - 9 January 2012

We remain bearish on the FTSE and calling for a move to 5470 and below. However until we see a decent break below 5600 we are still using 25% normal leverage for any short positions.  My analysis will be confirmed if we see the FTSE receive an end of day close below 5570.  There is strong support here so could well see a short term bounce in this region and we would use this to go short.  Until we see my above criteria it would be unwise to get too bearish just yet and is why for any new short positions I am only using 25% my usual stake. 

A move above 5700 at this stage would change the pattern and is short term bullish. I.e a message that this market is happy trading above its MA 200 at 5600.

There is no magnet today.


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A FEW PLACES LEFT! MFS SYSTEMS AND GAP TRADING 2012 LIVE SEMINAR


 
Mark Austin Trading


MFS SYSTEMS and GAPMFS SYSTEMS and GAP Trading 2012 LIVE Seminar


Mark Austin Trading

UK's Premier Online FTSE Subscription

 

Dear Trader,

MFS SYSTEMS and GAP Trading 2012 LIVE Seminar

With hundreds of skeptics proclaiming 2012 as the year of doom I am personally looking forward to another great year of opportunities. In fact with volatility on the rise this year could easily outperform 2010 and 2011's performances.

One fantastic advantage trading offers, is the ability to make money whether the economy is on the up or the down. In fact, the state of the economy has very little bearing on one's trading income. For this reason trading is an extremely valuable life skill to have as you really do receive complete financial Independence from main stream society. With uncertainty growing over the economic world I believe it is now more vital than ever to master trading. For this reason I will be releasing my DVD systems and strategies ahead of my live 2012 seminar in a few months. These dvd's cover all the in's and out's of my methodology on which I have based my successful trading career. Even this year with fund managers struggling to make positive returns I overtook 2010's performance and looking at my last 57 trades , 42 of them have been winners. That's a 73% win rate! Those of you on my service will also know I use extremely low risk. And these are just service trades and don't even include my personal trades. These are some of the best stats you will get in the industry and I am now offering the chance to learn exactly how I do what I do.

The majority of my trades are learnt from institutions and from shared knowledge from other professional traders . You will not find my style of trading in a text book or from the internet. In fact if you follow this route you will most likely go around in circles or at best receive a break even account. The majority struggle at trading because they are all following the same methods printed in thousands of hand books! My approach to trading is linked to market internals and is the prime reason why I am able to receive such a good success rate.

So what value do I put on this information? Well, firstly I don't think you can place a value on useful information. The fact is, knowledge is power, what ever industry you are in but for just 2 x payments of GBP 299 you can enter my world of successful trading. Two good trades could easily cover this cost.

Click here to sign up:

http://www.markaustintrading.com/OnlinePaymentSystem.html

PLUS AS AN ADDED BONUS

Purchasers of the DVDS's will also receive a free ticket to my 2012 live seminar due to be held in March/April in Dorking Surrey. I plan to spend a double session at this event covering how you can make a living just trading the ''gap''. This one skill alone is extremely valuable. I will also be covering my top 5 systems which I use (including the magnet!) and the event will be filmed and provided to you on DVD. I like to keep numbers small for these seminars to keep the experience personal so act fast if you want to reserve your space.

HURRY THERE ARE ONLY A FEW PLACES LEFT!

To sign up please click the link below:

http://www.markaustintrading.com/OnlinePaymentSystem.html

Mark Austin
mark@markaustintrading.com
www.markaustintrading.com


Here's what my members say-

"Happy New Year to you! Thank you for the outstanding service you have provided this past year. I am a better trader now than I was at the start of 2011 - and that is largely down to your influence. Here's to a happy, healthy and prosperous 2012." Dave

Friday, January 6, 2012

FTSE Trading Report - 6 January 2012

5700 was kept intact yesterday and we have reversed towards our target at 5470. What I will mention is we have a level of confluence just above 5570. The reason being - there is a gap close target just above, its also the 38.20% fib retracement for the 5 wave pattern.  Given this information the latest decline could have a bounce to the upside if we trade near 5580. I will therefore remove my short from 5700 if seen and then look to see where we close tonight. A weekly close below 5600 will strengthen a continued move towards 5470.  


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Thursday, January 5, 2012

FTSE Trading Report - 5 January 2012

No change to my analysis from yesterday and my late afternoon email.  We have avoided a retest at 5700 for now so I still remain 25% short which I plan to add to if we see an end of day close below 5600.   Its quite possible we will trade above 5700 yet again today but as long as we avoid a sustainable break the market still targets 5470 in the near term.


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Wednesday, January 4, 2012

FTSE Trading Report - 4 January 2012

Today you will see we have a 5 wave formation on the FTSE.

If we have topped at 5700 then we have an imminent target at 5470 below.  I mentioned yesterday we have conflicting signals as a result of the big gap through the MA 200 at 5600 ( a strong buy signal).  If the wave count is correct then I would expect prices to remain below 5710. If we see price action trade above 5710 and hold this level then the market could well accelerate higher in the short term towards 5840 .  


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Tuesday, January 3, 2012

FTSE Trading Report - 3 January 2012

Its the first trading day of a new year and as mentioned on Friday these are usually bullish days so a large gap up on these days is not unusual.  If you look back on your daily chart over previous years you will see similar action.  We have also gapped up above the MA 200 so we have to take note that this is a short term bullish signal.


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Monday, January 2, 2012

THE RUNAWAY GAP - when the closing gap doesn't fill


 
Mark Austin Trading


GAPTHE RUNAWAY GAP - when the closing gap doesn't fill


Mark Austin Trading

UK's Premier Online FTSE Subscription

"Happy New Year to you! Thank you for the outstanding service you have provided this past year. I am a better trader now than I was at the start of 2011 - and that is largely down to your influence. Here's to a happy, healthy and prosperous 2012." Dave

Dear Mark,

THE RUNAWAY GAP - when the closing gap doesn't fill

A closing gap is simply the difference in price between where the FTSE closes and where it opens the next day. Many traders make a healthy living fading the gap close in the early morning session. Myself included! In fact mastering this one technique can be very valuable. Fading means trading in the opposite direction of the gap. So if the FTSE opens higher than the previous close at 4.30pm you would short the market back to the closing level. However to make trading the closing gap a profitable exercise you can't trade all the gaps. The key to success is selection and knowing when the closing gap is ripe to trade and when it's not. I plan on holding a double session on this subject at my forthcoming seminar in April. The reason being, this strategy provides an excellent edge in the market and forms a nice clear trading plan. A few benefits to this strategy:

The trades can be done and dusted within a few minutes

Clear methodology and linked to order flow

Very high win rate - 70%

Little preparation needed - 10 minutes before the market opens

The trade set ups occur very frequently and once you know what you are looking for its very easy to spot.

The set up works in bull and bear markets

You don't need complicated charts and software which means this is a perfect lifestyle trading strategy even if you are in full time employment or travelling the world!

You can apply the same rules across multiple markets however I decided to specialise on the FTSE 100.

Once a trader has identified which gaps to trade and which ones not to, there is also a common development which occurs on the days where the closing gap does not fill. You will see in most cases a surge of volume in the direction of the gap (i.e away from the gap fill) during the last 1 hour of trade (3.30pm -4.30pm). This is basically institutions covering their long or short positions. They do this because many trade the closing gap with an end of day stop and many will cover losing positions towards the end of the day. There is also the fact that if a closing gap does not fill on the same day there is a high probability that the market will continue to trade away from the gap fill. Only 25% of unfilled gaps get filled the next day! For this reason institutions will build positions at the end of the day in anticipation of the market continuing to move away from the gap fill. Its these 2 factors combined which create a surge in volume and momentum during the last h our of trade, away from the gap fill.

As a trader there are many ways to profit from this knowledge. One example would be selling or buying a break of the high or low during the last hour of trade. Stops could be the low or high of the previous 5 min bar.

Happy trading!

Mark Austin
mark@markaustintrading.com
www.markaustintrading.com

 

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"Not a bad day all in all after a difficult start - bagged two binaries one in the morning and then one in the afternoon session - and made a good profit with the opportunities that developed - I must say that the learning curve of information you e-mail to me as a subscriber is invaluable and I look at and study each message and compare it with the chart on my monitor - and watch it develop into something that seems quite amazing to me as everything unfolds on the monitor as you suggested - and through the course of the day I watch and listen to your 'you tube' lessons and take in as much as I can - I'm not saying I remember it all - the knowledge that you give we the subscribers is fantastic and is much appreciated."
Steve

 
Mark's FTSE trading service is designed for educational purposes only. There is a risk of loss in all trading. Spread Betting carries significant risk and should only be undertaken by those who can afford to lose some or all of their investment. Past performance is not indicative of future results. Before investing, or if in doubt about the suitability of an investment please seek independent financial advice. Mark's FTSE trading service is authorised under an arrangement with t1ps.com Ltd, which is authorised and regulated by the Financial Services Authority and can be contacted at 3rd Floor, 3 London Wall Buildings, London EC2M 5SY.