MAGNETIC FTSE Trading Report - 31 January 2017

IF THE FTSE STRUGGLES TO STAY ABOVE 7120 TODAY THEN A MOVE DOWN TO 7000 IS LOOKING LIKELY OVER THE COMING SESSIONS ESPECIALLY AS ITS END OF MONTH.

MAGNETIC FTSE Trading Report - 30 January 2017

The FTSE has held its bullish sideways range at 7150 so far in cash hours however we are trading at this lower level right now before the open.

MAGNETIC FTSE Trading Report - 27 January 2017

The FTSE continues to trade sideways with a bullish bias whilst above 7150. If the FTSE breaks yesterdays high at 7185 then expect a move above 7200 today.

MAGNETIC FTSE Trading Report - 26 January 2017

7194 was hit yesterday and there is no reason for the FTSE to go above this level again if it is bearish so a move back above here is likely...

MAGNETIC FTSE Trading Report - 25 January 2017

A break of 7200 is bullish with a move up to 7300 likely.

MAGNETIC FTSE Trading Report - 24 January 2017

Yesterday's real high in the market was 7175 - If we break above here we should see a move towards 7194. 

MAGNETIC FTSE Trading Report - 23 January 2017

Strong support is just below 7100 and keeps the ftse bullish for the medium term trend.

MAGNETIC FTSE Trading Report - 20 January 2017

Its expiry day. We have a high probability trade below for this http://www.markaustintrading.com/promo/promo-half-price-offer.html

MAGNETIC TRADING Report - 19 January 2016

Further upside can been seen on the FTSE towards 7300 if 7242 holds after the open.

MAGNETIC FTSE Trading Report - 17 January 2017

Finally a down day on the FTSE but this doesn't mean too much unless the FTSE can break below 7308...  [Signup For The Full FTSE Report and Video Clip] 

MAGNETIC FTSE Trading Report - 16 January 2017

A double extreme gap on the FTSE today which is one of our big fish trades...

MAGNETIC FTSE Trading Report - 13 January 2017

If the FTSE does rally today and make a new high I expect end of day profit taking to come in later in the session.

MAGNETIC FTSE Trading Report - 11 January 2017

The FTSE continues to stretch like a rubber band but as we all know the band can stretch but it always comes back. A break of the previous days lows at 7237 would set the tone for a move to at least 7190 today... [Signup For The Full FTSE Report and Video Clip] 

MAGNETIC FTSE Trading Report - 10 January 2017

In the short term the FTSE is bullish above 7207 but once the FTSE starts to break its previous days low which it has not done for many sessions then a correction is likely to come in.... [Signup For The Full FTSE Report and Video Clip] 

MAGNETIC FTSE Trading Report - 06 January 2017

Its NFP today - its possible this creates a spike up to 7230-40 which would be worth selling back down to the point of origin... [Signup For The Full FTSE Report and Video Clip] 

What a great way to start off 2017!

What a great way to start off 2017!

 

Mark Austin Trading

UK's Premier Online FTSE Subscription

 

Dear traders,

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From Tuesday's report - and also a good lesson into why markets are so predictable

FTSE ANALYSIS AND TRADE PLAN

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Sell zone at 7200- 7216 - stop 5 min bar acceptance above 7218 - target 7135

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MAGNETIC FTSE Trading Report - 03 January 2017

Good morning and happy new year! We are opening on all time highs! BUT there is a psychology behind this and usually what happens...[Signup For The Full FTSE Report and Video Clip]