Dear all
Today we bought the FTSE to be up Binary at a price of 21. Half profits were taken at 47 and remainder at 60.
This morning I outlined a large gap on the price charts at 5717 (see this mornings email attached for reference). I also had a POM signal (system) close to this level. Combined with support at 5660 this offered a good opportunity to go long. See attached chart.
I used the binary in case the market went on a stop hunting mission below 5660.
At this stage I am still looking for a correction to at least 5550-5600 and a short term top maybe in at 5770.
To get access to the complete email as well as my trading opportunities you can sign-up at my website www.markaustintrading.com
Mark
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