More strength from the states has pushed the FTSE to yet another new high with 5 strong UP days in row. The bulls continue to dominate this market. As the market is so over stretched, traders who are long in this market will now be placing their stops below the previous days low on a trailing stop basis. They are aware this market could turn at any point and this is a very common place to place stops [Read the full report]
When I met Mark I was enormously impressed with his FTSE trading abilities, so much so that I decided to recommend him to my clients. John Piper
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