The FTSE sold off yesterday as we saw acceptance below 6444 giving way to the target at 6416 however you will notice that the FTSE just failed to break below 6370 which was the confirmation signal to confirm a sell off… [Signup For The Full Analysis]
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Friday, October 31, 2014
MAGNETIC Trading Report - 31 October 2014
Thursday, October 30, 2014
MAGNETIC Trading Report - 30 October 2014
Today the FTSE has confluence at 6444. This was the previous high in the market and its also where the pivot point is lying today. Therefore the bears need price action below here and quickly if the trend is to turn down… [Signup For The Full Analysis]
Monday, October 27, 2014
MAGNETIC Trading Report - 27 October 2014
We should see a retest of 6420-6410 after the open. After this if price accepts above 6410 then longs are favoured. Likewise acceptance below 6410 would be a negative… [Signup For The Full Analysis]
Thursday, October 23, 2014
MAGNETIC Trading Report - 23 October 2014
In summary we want to watch the first open action and whether price accepts back above 6372 or not. The FTSE is still very much in a downtrend so selling this market is the still preferred option.
Wednesday, October 22, 2014
MAGNETIC Trading Report - 22 October 2014
Potential buy the dip if the FTSE holds its gap after the open and we see acceptance above here. The gap is at 6372… [Signup For The Full Analysis]
Sunday, October 19, 2014
Magnetic FTSE Trading Weekly Performance Summary
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Mark Austin Trading
UK's Premier Online FTSE Subscription
Dear traders
Please find below chart of this weeks trading performance for your perusal-
Click here to enlarge the chart
HERE FOR THE FTSE ANNUAL REVIEW AND RESULTS
All the best,
Mark Austin
Friday, October 17, 2014
MAGNETIC Trading Report - 17 October 2014
The FTSE declined towards our target at 6100 yesterday and we duly received a buy signal which we are currently long on from 6134.
Today we have expiry between 10.10am-10.20 and experienced traders can also look to fade any spikes back to the point of origin. I will try and send a trade to service subscribers alert out if seen… [Signup For The Full Analysis]
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