Secrets of day Trading Methods

Monday, December 30, 2013

MAGNETIC Trading Report - 30 December 2013

Well the anticipated Christmas rally kicked in last week and we have seen a slow drift up on the FTSE towards major resistance at 6780 - 6800. We have the last trading day of the year tomorrow so if we remain at the highs I would expect some profit taking to come in and some book squaring from traders as rallies formed on the back of low volume tend to correct.

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