MAGNETIC FTSE Trading Report - 09 February 2016

We should see a bit of a bounce at 5660 and will probably attract some fund managers this morning on the FTSE.

MAGNETIC FTSE Trading Report - 08 February 2016

I am not keen to get long in this market and I am looking for decent sell signals. There is no obvious trade today...  [Signup For The Full FTSE Trade Plan] 

MAGNETIC FTSE Trading Report - 05 February 2016

It is Friday and the trend rarely reverses. I think we are going to consolidate between 6000-5800 for a while now. Today is nonfarm payrolls and we have a good potential trade setup for this... [Signup For The Full FTSE Trade Plan] 

MAGNETIC FTSE Trading Report - 04 February 2016

The FTSE should see the extreme gap at 5924 hit today whilst we avoid acceptance above 5940... [Signup For The Full FTSE Trade Plan] 

MAGNETIC FTSE Trading Report - 03 February 2016

A big down day on the FTSE yesterday and we are continually looking at sell signals or reversal signals up towards the pivot level… [Signup For The Full FTSE Trade Plan] 

MAGNETIC FTSE Trading Report - 02 February 2016

In terms of trading today we have the pivot at 6056.  One idea is to see if the price action gets up to the gap fill... [Signup For The Full FTSE Trade Plan] 

MAGNETIC FTSE Trading Report - 01 February 2016

The FTSE had a short covering squeeze on Friday which resulted in a fierce rally into the close. The actual traded last tick was 6067 so we have a market inefficiency down to this level which I expect to be filled this week before we see acceptance above 6125…  [Signup For The Full FTSE Trade Plan]