Secrets of day Trading Methods

Friday, March 9, 2012

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.

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