The FTSE rallied to 6766 on Friday which was also the 7th May low which retraced quickly. If the FTSE struggles to trade above here after 8am then further selling is likely. Likewise if we hold above above 6766 after the open and break above 6778 then a rally to 6800 is on the cards [Signup For Mark's Full Trading Plan]
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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Monday, June 30, 2014
Saturday, June 28, 2014
FTSE ANNUAL REVIEW AND RESULTS - OVER 100%
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FTSE ANNUAL REVIEW AND RESULTS - OVER 100%Mark Austin Trading
UK's Premier Online FTSE Subscription
Dear traders
Please find the yearly review on my FTSE service.
A few things to cover:
The results are independently verified and externally drawn up by Dr. Ken Rawlings.
You will notice the amount of pips has reduced over the year compared to previous years however this is all linked to volatility reducing in the market. This has had little impact on the performance return as the relative stop size has also been reduced. If you are new to trading do not get sucked into looking at performance in terms of pips accumulated. It means nothing. The important factor is what % have you made on your money and what is the relative risk taken.
Draw downs continue to be extremely low and this has been the case over the 4 years of running this service. The trade strategy remains low risk and if we do have a bad month the loses are kept minimal.
Consistency - the strategy works in all market conditions.
I have attached the effect on a 10k account and you will see that by following all the official trades you would have doubled your account in less than a year.
The results are only linked to official trades. If you are on my service you will know I also dish out many unofficial trades which also have a decent win rate.
The primary purpose of the service remains educational.
PRO TRADER PROGRAMME UPDATE - I run this with Cameron Malik and John Piper and we now have a large number of successful clients producing income levels ranging from 4kGBP - 15kGBP each month. We have started to produce client interviews to inspire traders and we will have a number of new success stories to share with you over the coming months. We will add that all the clients in mention have been working very hard to get to where they are and we are extremely proud of their progress. This proves our trading strategies can be duplicated and what we do works! This is rare in this industry.......
PREVIOUS SUCCESS STORIES TO INSPIRE YOU
http://www.markaustintrading.com/p/damon.html
FTSE SERVICE YEARLY PERFORMANCE
FTSE 100 TRADES EFFECT ON THE VALUE ON THE VALUE OF A 10K ACCOUNT
All the best,
Mark Austin
Friday, June 27, 2014
MAGNETIC Trading Report - 27 June 2014
The FTSE hit our target yesterday at 6700 and had the expecting bounce to the upside. The trend has been down this week so i don't expect to see a trend reversal today… [Signup For Mark's Full Trading Plan]
Thursday, June 26, 2014
MAGNETIC Trading Report - 26 June 2014
I am expecting more selling this week and most likely below 6700 however today we could see a brief move to the upside to attract more sellers after 3 down days… [Signup For Mark's Full Trading Plan]
Wednesday, June 25, 2014
MAGNETIC Trading Report - 25 June 2014
We still have a small short position running from yesterday and this should be closed near 6700.
In terms of trading today the short term trend is still down so sell positions are still favoured [Signup For Mark's Full Trading Plan]
Tuesday, June 24, 2014
MAGNETIC Trading Report - 24 June 2014
6820 was our sell signal yesterday and you will see on yesterday's price action we have failed to climb back above here. Whilst we avoid 5 min bar acceptance back above 6825 I remain bearish with 6770 as a short term target… [Signup For Mark's Full Trading Plan]
Monday, June 23, 2014
MAGNETIC Trading Report - 23 June 2014
On Friday we saw an early 5 min bar close above 6808 which indicated a move to 6850 as per the report. The high on Friday was 6840 and then we saw profit taking in the last half an hour of trade with traders removing risk before the weekend (this was a trade we did in the live trading room with success). The profit taking into the end of the session is an indication that the smart money is losing its risk appetite at current levels. A big correction could be looming. As its a Monday following expiry we could well see a sell signal this morning [Signup For Mark's Full Trading Plan]
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