Secrets of day Trading Methods

Tuesday, May 29, 2012

FTSE Trading Report - 29 May 2012

My weekly target at 5340 was hit yesterday and we are trading above 5360 at present. Coupled with the facts that we have a 4.7 dividend on the FTSE today and the US has been shut for 3 days indicates that we could have a strong UP day if the FTSE manages to trade 10 points higher than its open price.  This would be re-enforced if the US markets manage to open at current prices (futures) and move higher at their open (2.30pm).


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