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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The FTSE has hit 6950 which was expected if we held 6900 yesterday. A key selling spike after the open may get us short in anticipation of profit taking going into the end of the month... [Signup For The Full Analysis]
Yesterday we had the anticipated sell off after making new highs which produced a doji on the daily chart.
If we hold above 6913 which is the pivot i think we will see 6950. If we reverse and fail to get through these levels its time to sell the index. [Signup For The Full Analysis]
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UK's Premier Online FTSE Subscription
Dear traders,
Please find below an educational video on why its good to sell markets at all time highs and a
a trade taken for the MFS service today-
Good morning
FTSE ANALYSIS - http://screencast.com/t/FS4n9bnwEH
Official trade - if we see a spike up towards 6950-6960 before or after the open we can sell to target 6928. stop 5 min bar acceptance above 6965. 2% risk
trade not valid if we see 6928 first.
Some of you will be short already unofficially which is fine.
MEDIUM TERM FORECAST - A MOVE TO 6800 IF WE SEE 5 MIN BAR ACCEPTANCE BELOW 6880
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All the best,
Mark Austin
A strong session on Expiry on Friday has pushed the FTSE out of hours.
It's Monday morning and the FTSE is opening at all time highs, I am expecting a bit of a move down this morning.
I am looking for spike to the upside and then we may see the market move down to attract more buyers.
If we brake down through 6880 thats our confirmation to target 6810... [Signup For The Full Analysis]
After a very positive open yesterday the FTSE failed to get any where and we got a Doji day.
Does the FTSE have the strength to push back up to to the 6940 level before we retrace back? The likely hood is we will get a push up but we need to follow the price action carefully.
the FTSE is bullish above 6860 which is the support line this morning.
If we get acceptance below 6860 then we could see 6800. A false break to the downside we can get long… [Signup For The Full Analysis]
The FTSE continues to chop around showing no clear direction. We've had three down days on a row.
A break above 6820 with a target up towards 6850 is fine.
We have a big dividend today over 12 pips… [Signup For The Full Analysis]
Although the trend is up it is tricky to trade the FTSE at the moment and we are seeing lots of choppy action. Yesterdays real high in the market was 6847 and if we open below here we can sell a spike up and target the gap at 6837. If we open below 6847 we have a reversal day we could push down to 6822 which is the futures close... [Signup For The Full Analysis]
Yesterday was a false down day and the bulls pushed the market back up and clearly dominated the end of the session. I think the key level is 6814 today, buy signals above and will probably move up and fill the gap. If we see acceptance below 6800 then we could be in for a down day… [Signup For The Full Analysis]
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UK's Premier Online FTSE Subscription
Dear traders,
Please find below the two Performance Tables and Pips chart, updated to include all official trades up to the end of January 2015.
(Please note all official trades are verified and tracked by Dr.Ken Rawlings)
Please note we record 4% trades as one full pip and 1% trades as 0.25 of a pip. All the service trades for January were 1% trades so the true pips are in line with the average of 100 pips per month
All the best,
Mark Austin
Its the 1st trading day for February so we could see an early push up in the market from fund injections. If we see a false break to the downside we can take a break of the 5 min bar to the upside for bar length only. Lastly if we see some negative price action below 6750 expect a move down to 6720-6700 today... [Signup For The Full Analysis]
Educational video + today's service trade
