Its the end of the month today so we could see some profit taking come in at some point.
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
Secrets of day Trading Methods
Get immediate access to the 'Secrets of Marks Day Trading Methods' today!
Market Trading Can Be Challenging -
Find Out How Mark Can Assist You.
The secret techniques of professional traders! Key strategies, Winning Mind set and Much Much more!
You'll also start receiving my daily Market Review
e-letter for free as well. All you need to do to is pop your name and email address into the box below.
Friday, February 28, 2014
Thursday, February 27, 2014
MAGNETIC Trading Report - 27 February 2014
Thursday's are often a tricky day in the market so for the service we are looking at a low risk signal to get short again. I am using this as the overall market is still bullish and this weakness could end soon [Signup For Mark's Trading Plan]
Wednesday, February 26, 2014
MAGNETIC Trading Report - 26 February 2014
The FTSE failed to make a new high above the Jan 2014 high yesterday so no buy signal confirmed. Instead we saw selling pressure all day. That last push up towards the end of the session was the final verizon/vodaphone deal going through and now we are back below key resistance [Signup For Mark's Trading Plan]
Tuesday, February 25, 2014
MAGNETIC Trading Report - 25 February 2014
The FTSE is fast approaching its January 2014 high (6867). If we take this out then we have a buy signal [Signup For Mark's Trading Plan]
Monday, February 24, 2014
MAGNETIC Trading Report - 24 February 2014
If the FTSE opens below 6815 this morning then we could see selling pressure come into the market whilst we trade below 6840 [Signup For Mark's Trading Plan]
Friday, February 21, 2014
MAGNETIC Trading Report - 21 February 2014
It's expiry day! A trade is to fade the expiry. Expiry is between 10.10am - 10.20am. This is for advanced traders [Signup For Mark's Trading Plan]
Thursday, February 20, 2014
MAGNETIC Trading Report - 20 February 2014
If the FTSE breaks 6745 this morning then further selling towards 6680 is on the cards [Signup For Mark's Trading Plan]
Wednesday, February 19, 2014
MAGNETIC Trading Report - 19 February 2014
The FTSE trended to the upside again yesterday so today we may well just consolidate. If we trade towards the over night lows at 6771 then one idea is to buy the dip [Signup For Mark's Trading Plan]
Tuesday, February 18, 2014
MAGNETIC Trading Report - 18 February 2014
The FTSE closed the day above 6730 yesterday which was a positive and whilst we trade above 6680 higher prices are likely towards 6780-6800 in the very short term [Signup For Mark's Trading Plan]
Monday, February 17, 2014
MAGNETIC Trading Report - 17 February 2014
5 min bar acceptance above 6680 was important last week and remains the case this week. Whilst we avoid this then the FTSE can fall back towards an unfilled gap.
Thursday, February 13, 2014
MAGNETIC Trading Report - 13 February 2014
The FTSE saw a false break above 6700 yesterday which is a sign buyers have run out of steam in the short term. Therefore a further move towards 6600 is likely [Signup For Mark's Trading Plan]
Wednesday, February 12, 2014
MAGNETIC Trading Report - 12 February 2014
The dividend trade worked a treat yesterday so I hope you all booked a nice profit on that. Today the dividend needs to be knocked off the 8am open price [Signup For Mark's Trading Plan]
Tuesday, February 11, 2014
MAGNETIC Trading Report - 11 February 2014
Today we have a dividend of 11 for the FTSE. I may build in a long position after 3pm as long as we see the market rise from its open price at any stage of the day [Signup For Mark's Trading Plan]
Monday, February 10, 2014
MAGNETIC Trading Report - 10 February 2014
We have a good dividend tomorrow which I will confirm on tomorrow's report which should allow us to position for a decent dividend trade in the afternoon. Please read appendix 2 of your manuals (subscribers only) if you are not familiar with the dividend trade [Signup For Mark's Trading Plan]
Friday, February 7, 2014
MAGNETIC Trading Report - 7 February 2014
We have the MA 200 at 6558. If the FTSE spikes down at open and makes a false break on the 5 min bar then the reversal can be taken to the upside [Signup For Mark's Trading Plan]
Thursday, February 6, 2014
MAGNETIC Trading Report - 6 February 2014
6440 is a key level right now in the market. Whilst we avoid a full 5 min bar acceptance [Signup For Mark's Trading Plan]
Wednesday, February 5, 2014
MAGNETIC Trading Report - 5 February 2014
The FTSE held off breaking below 6400 yesterday which as I mentioned would be very bearish and indicate a longer term trend change in the market. i.e we are still bullish on the longer term charts [Signup For Mark's Trading Plan]
Tuesday, February 4, 2014
MAGNETIC Trading Report - 4 February 2014
If the FTSE breaks 6400 this morning we have a major trend change in the market so keep an eye out for this. We are currently over sold and a bounce is due however markets usually end the first stage of a big correction with a 'selling climax' and then a big rally follows [Signup For Mark's Trading Plan]
Monday, February 3, 2014
MAGNETIC Trading Report - 03 February 2014
Friday's session tested the December lows and a break of this turns the medium term technicals bearish. The move from December to the January highs was around 400 points so a break of the December lows could easily see a fall [Signup For Mark's Trading Plan]
Subscribe to:
Posts (Atom)