The dividend rally came in very late yesterday (last 10 minutes) due to the the Cyprus minister resignation. Today those 11 pips need to come off the index.
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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Wednesday, March 20, 2013
Tuesday, March 19, 2013
FTSE Trading Report - 19 March 2013
Last week 6432 was a key level for the market and it serves as important support today. The market is bullish whilst we avoid acceptance, which is 3 half an hour candles bars trading below this level.
Monday, March 18, 2013
FTSE Trading Report - 18 March 2013
Big gaps down on European markets this morning following the news over Cyprus. We could have a short term top in the market so we need to be careful seeing this as a major buying opportunity just yet.
Friday, March 15, 2013
ONLY ONE MONTH TO GO...
Dear traders,
We are just one month away from the TRADING THE GAP FOR A LIVING seminar to be held at Wotton House in Surrey. I will be sending the timetable out next week for this special event.FULL DETAILS ON THE EVENT ARE BELOW:
http://www.markaustintrading.com/seminar2013.html
Its my fourth year of running MFS and one thing that is apparent is the big difference in performance for those who attend these events/watch the dvd's and those who do not. This is a business and if a trader does not fully understand how markets operate and learn to think like a contrarian then they are going to have a frustrating career ahead of them. 90% of main stream market education sadly concentrates on indicators, chart patterns and the candle stick alphabet. This will not give you an edge in the market and from a 10 year background in banking I can assure you this is not what the professionals are using. The pro's understand what is going on behind the scenes, they have learned how to think like a contrarian and they are taking the opposite side to retail traders. To do this this you need to understand what is going on behind the scenes in the first place.
We are just one month away from the TRADING THE GAP FOR A LIVING seminar to be held at Wotton House in Surrey. I will be sending the timetable out next week for this special event.FULL DETAILS ON THE EVENT ARE BELOW:
http://www.markaustintrading.com/seminar2013.html
Its my fourth year of running MFS and one thing that is apparent is the big difference in performance for those who attend these events/watch the dvd's and those who do not. This is a business and if a trader does not fully understand how markets operate and learn to think like a contrarian then they are going to have a frustrating career ahead of them. 90% of main stream market education sadly concentrates on indicators, chart patterns and the candle stick alphabet. This will not give you an edge in the market and from a 10 year background in banking I can assure you this is not what the professionals are using. The pro's understand what is going on behind the scenes, they have learned how to think like a contrarian and they are taking the opposite side to retail traders. To do this this you need to understand what is going on behind the scenes in the first place.
http://www.markaustintrading.com/seminar2013.html
AS A BONUS - SUBSCRIBERS will also receive 3 months access to my private trading room (worth GBP 150) where each day I will share my morning ideas on the FTSE and also on select American market set ups. This bonus offer is only available for the next 24 HOURS as I need to finalise numbers and send the timetables out.
FOR MORE DETAILS AND TO SIGN UP CLICK ON THE BELOW LINK:
http://www.markaustintrading.com/seminar2013.html
Happy Trading!
Mark Austin
FTSE Trading Report - 15 March 2013
Its triple witching day for the FTSE so expect volatility between 10.10 - 10.20am today.
Wednesday, March 13, 2013
FTSE Trading Report - 13 March 2013
The FTSE is still struggling at the 6500 level which was a concern yesterday and its very unusual to see selling into the close at 4.30pm with a large dividend.
Tuesday, March 12, 2013
FTSE Trading Report - 12 March 2013
Today we have a 10.8 dividend on the FTSE so if we see 10 points higher than the open price at any stage during the day we can look to buy daily one touch binaries [Read the full report]
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