FTSE Trading Report - 30 March 2012

The current short term trend is down for the FTSE however whilst the index trades above 5760 we cannot guarantee lower prices. We had the first part of the decline yesterday.

My clients win on roughly 70% of their trades

Mark FTSE Service: Learn More

My strategy is highly profitable in ALL market conditions

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

FTSE Trading Report - 29 March 2012

The magnet today is #### (CLIENTS ONLY). If we open above 5786 I expect this to be reached. We have major support at 5760 which if the market trades down to in the first half an hour should create a short term positive reaction upwards if the magnet remains untouched.

My clients win on roughly 70% of their trades

Mark FTSE Service: Learn More

My strategy is highly profitable in ALL market conditions

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

FTSE Trading Report - 28 March 2012

5940 remains strong resistance for this latest pattern and as long as we avoid 2 x end of day closes above here we could still have a major peak at 5989.  Likewise 5800 is a key level for the bulls and they will want this to stay intact.

My clients win on roughly 70% of their trades

Mark FTSE Service: Learn More

My strategy is highly profitable in ALL market conditions

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

FTSE Trading Report - 27 March 2012

The FTSE has made headway above 5880 so at this stage we have to use very low risk set ups for any shorts we take out. 

It is dividend Tuesday today which stands at 4.9.

My clients win on roughly 70% of their trades

Mark FTSE Service: Learn More

My strategy is highly profitable in ALL market conditions

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

FTSE Trading Report - 26 March 2012

Our target from last week was achieved on Friday at 5805.  At this stage I have no target below and no clear set ups so this morning will be a case of watching the early price action for clues.

My clients win on roughly 70% of their trades

Mark FTSE Service: Learn More

My strategy is highly profitable in ALL market conditions

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

FTSE Trading Report - 23 March 2012

The short term trend has turned down. We also have the magnet which points to further short term downside in this market.

My clients win on roughly 70% of their trades

Mark FTSE Service: Learn More

My strategy is highly profitable in ALL market conditions

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

FTSE Trading Report - 22 March 2012

If the FTSE can open below 5880 today and stay below 5892 then we are likely to see selling accelerate. If however we open above 5880 and recover above 5890 then we are likely to see another consolidation day and a drift above 5900 once again.

My clients win on roughly 70% of their trades

Mark FTSE Service: Learn More

My strategy is highly profitable in ALL market conditions

 

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

SPREAD BETTING RULES HANDBOOK - Plus a valuable formula

"Spread Betting Rules" handbook

Mark Austin Trading

UK's Premier Online FTSE Subscription

 

Dear Stephen,

You can now read my top day trading rules which are featured in the newly published ''Spread Betting Rules'' handbook. The e book also contains some great insights from other leading financial experts. click below:

http://www.harriman-house.com/products/books/865938?=MAAWEB

I have also had various recent questions relating to increasing the size of leverage on any one trade. If you plan to do this then you must factor in the below formula. I mentioned this in a previous tip and its a concept that all traders must embrace and prepare for even when its plain sailings.

To read the formula click below:

TIP 8. How to join the 5% - Plus a valuable formula

http://www.markaustintrading.com/tips/008-jointhe5percentplusvaluableformula.html

Happy Trading!

Mark Austin
mark@markaustintrading.com
www.markaustintrading.com

 

My clients win on roughly 70% of their trades

Mark FTSE Service: Learn More

My strategy is highly profitable in ALL market conditions

 

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

FTSE Trading Report - 21 March 2012

We had a trending day yesterday so this morning we could well consolidate given we have the budget release at 12.30pm.

The dividend was 3 yesterday so the real close at 4.30pm yesterday is 5888. If we consolidate we should see the market trade down to this level at some stage this morning. The probabilities are stronger if this is done during the first half an hour.

My clients win on roughly 70% of their trades

Mark FTSE Service: Learn More

My strategy is highly profitable in ALL market conditions

 

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

FTSE Trading Report - 20 March 2012

Today the open should shape the day.  If the FTSE can avoid 10 points lower at the open (8am) and also hold 5940 then we could well see higher prices until mid morning. Likewise a move of 10 points lower at the open and below 5940 will point to lower prices early on and towards 5896.

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 19 March 2012

Although we saw some action on the actual FTSE expiry on Friday both European markets and US markets failed to deliver any meaningful move after the event.  As we are opening flat, its a Monday and we had a quiet session for expiry we will use the 5 min bar for entry this morning. If you hold the PDS system you can also consider using this.

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 16 March 2012

Today is triple witching and its also the 16th of the month which means funds have a tendency to add further funds into the market (mid month tranche). We should therefore be able to gauge current sentiment at the open.

In terms of triple witching key moves can often come on this day in both US and European markets.

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

TRIPLE WITCHING SYSTEM

TRIPLE WITCHING SYSTEM - TIP 14

Mark Austin Trading

UK's Premier Online FTSE Subscription

Dear Trader,
Tomorrow (Friday) is triple witching and the below strategy can be considered. Triple witching is when the option and futures market expire at the same time. The expiry creates a sudden rush of volatility. Its this expected volatility that we use for our edge.

TRIPLE WITCHING SYSTEM

Between 10.10 -10.20am (tomorrow) futures and options will expire at the same time on the FTSE 100. In most cases this will create short term volatility and you will see large price spikes on the index.
The system for this is based around the tunnel concept and we are using the expected volatility to our advantage.
If you use IG Index go to binary indices - FTSE 12pm and then 1 touches.
This is the chosen instrument for this system. I use 12pm expiry trades as the volatility is before 12pm and they are far cheaper than the daily one touches.
Once found you want to scan the ranges and locate prices under 8 or even below. You will need to buy a one touch above and below the market level at that time. In essence a hedged trade. The basic principle is that when expiry occurs one of the trades will move into profit as a result of short term volatility. Once you take profits it should cancel out the 8 point loss (or less) on the other trade and leave you with an overall profit.
Example:
Current Market 5727 (OUT OF DATE NOW)
Current prices:
FTSE 12pm one touch 5780 - current price 8
FTSE 12pm one touch 5660 - current price 8
Of course you can take higher risk depending on your risk tolerance.
Profit taking is down to the trader but volatility usually subsides by 10.25am.
Ideally place the trades before 10am.
Selling tunnels at 95 just before 10am is also an option on these events as key moves often arise after triple witching and a tunnel has all day to capture the action. Remember you profit whether the market goes up or down with tunnels.
For experienced traders please also note the average move created from expiry is 20 points to either the upside or the downside. So if we see more than 20 points experienced traders can look to sell or buy (fading the move) against the price spike if it is exaggerated (i/e over 20 points in 5 minutes). You usually see some of the move retrace as the market adjusts back.
If this is your first time keep your leverage low and remember there is no such thing as a 100% trade set up.
Subscribers will get updated on which strategy is preferred to take advantage of the event tomorrow, favourable one touch prices and also whether its preferred to sell the expiry spike to the upside or buy the downside spike when using a spread bet.
For more information like this and professional guidance on how to trade the FTSE profitably then sign up to my service today at half price.
https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=S5BP5G9HQPX2C
Happy Trading!
Mark Austin
mark@markaustintrading.com
www.markaustintrading.com

10 Ways Home Traders Can Be More Profitable Than Professionals. Learn More

FTSE Trading Report - 15 March 2012

The trend remains UP and we have tested the main support area at 5930 over night and held. This morning if the FTSE opens below 5945 but above 5930 then its low risk BUY initially.

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 14 March 2012

So we are looking for some or all of the gap to fill this morning. We are still in the 3rd wave up but we should see the market makers try and push the market down for some or all of this gap to maximise trade activity.

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 13 March 2012

Today the FTSE will gap up into strong resistance after 4x higher daily closes in a row.  This is a strong pattern for selling at the open as you usually find the institutions take this opportunity to lock in some profits after a string of bullish days and push the market down for the first half an hour of trade towards the previous days close and then buy it up again. My only issue with this today is the wave pattern and if this was in line I would be going heavily short this morning with larger stops.

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 12 March 2012

As the market made a new high, the trend remains up and the chances are we have started the final 5th wave up which should carry us to new highs.  The pattern if further re-enforced with a 5 wave formation upwards from the lows.

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 9 March 2012

Although higher prices were expected towards 10 am yesterday if we held 5816 early on I was also expecting to see a sell off develop soon after this event. Instead the market remained at its morning highs for the rest of the day.  If we see the FTSE trade through 5874 this morning I will conclude the 4th wave correction ended and we are now beginning a final 5th wave up.

Today I have given clients some longer term analysis. To access the analysis simply signup below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 8 March 2012

No real change to my analysis from yesterday. We have risen up towards 5800 and I now expect the market to see a wave down towards 5738 over the next few days. 

This morning if the FTSE does not manage to sell off straight away then we could see the FTSE climb higher towards 10am. I would then expect the index to sell off for the rest of the day.

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 7 March 2012

We had a big day yesterday and the FTSE will most likely consolidate and it is likely to reach its closing gap on these days.

We have a nice wave count developing. Yesterday was clearly a wave 3 down which has either ended or we will see one more dip this morning.

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 6 March 2012

The FTSE kept below 5910 yesterday. This was my criteria to keep this market in correction mode and target 5750. The cash market high yesterday was 5908. Its clear the bears are still dominating any price activity above 5900. If we had traded above 5910 I would have changed my view but this is not the case.  

We have a fairly hefty dividend for FTSE today standing at over 11 pence so expect a rise in the index during the last hour of trade today (so 3.30pm onwards).

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 5 March 2012

The FTSE continues to rally above 5900 and then pull back as sellers come in.  This is all supportive of a market that is waiting for a decent pull back before buyers become interested again. I continue to look for a decline towards 5750.  

Today is a Monday and these are generally the most bearish days in a bullish market so if we are going to start correcting then today would be fitting.

To access the full report, the magnet, the lifestyle trade and the medium term forecast simply sign up below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 2 March 2012

No change to my overall analysis. Yesterday was a big up day but we expected this. If you look at the 1st of Feb we saw the same price action. When the market is bullish, funds will pile in on these days (1st of a new month). However, the market is still due a correction and its unlikely the institutions will want to participate further until we see this.

To access the full report simply signup below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here

FTSE Trading Report - 1 March 2012

We received a negative outside day on the FTSE yesterday which confirms the market will target 5750 shorty and the trend has turned down.  

To access the full report simply signup below-

My FTSE trading service is usually £67 per month BUT you can now try it out for one month at HALF PRICE - just £33.50! For more details or to sign up simply click here