All the best,
Mark
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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Thursday, June 30, 2011
Update* Mark Austin FTSE Trading Services - 30 June 2011
We have made a fresh high compared to yesterday's market action so 5910 is on the cards.
Mark Austin FTSE Trading Services - 30 June 2011
We saw acceptance over 5820 yesterday so we are likely to see higher prices towards 5910 in the short term.
Its the first of the month tomorrow and if the FTSE can close the week above 5850 as well then that will be enough to conclude the worst of the correction is behind us. We will then revert to long term buying opportunities (swing trades).
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Its the first of the month tomorrow and if the FTSE can close the week above 5850 as well then that will be enough to conclude the worst of the correction is behind us. We will then revert to long term buying opportunities (swing trades).
You can subscribe to this feed and receive free daily trading information by email. To subscribe click here
The complete FTSE Trading analysis and trading opportunities are available when you sign-up to the service through the Mark Austin Trading website.
Wednesday, June 29, 2011
Mark Austin FTSE Trading Services - 29 June 2011
With the FTSE making a clear break above 5750 yesterday on the back of American news it is of little surprise to see prices trading close to 5800.
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You can subscribe to this feed and receive free daily trading information by email. To subscribe click here
The complete FTSE Trading analysis and trading opportunities are available when you sign-up to the service through the Mark Austin Trading website.
Tuesday, June 28, 2011
Mark Austin FTSE Trading Service - 28 June 2011
Good morning
Today we have a magnet target and I expect this to be reached as long as we do not make a clear break above 5750 at the open. 5750 is resistance on the one hour chart and also a camarilla break out level to the upside.
I am leaning towards further selling today but I have to respect that its a Tuesday and these days have a tendency to be positive in a bull market. Yes we are still in a bull market even though the short term price action is negative.
Today we have a magnet target and I expect this to be reached as long as we do not make a clear break above 5750 at the open. 5750 is resistance on the one hour chart and also a camarilla break out level to the upside.
I am leaning towards further selling today but I have to respect that its a Tuesday and these days have a tendency to be positive in a bull market. Yes we are still in a bull market even though the short term price action is negative.
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The complete FTSE Trading analysis and trading opportunities are available when you sign-up to the service through the Mark Austin Trading website.
Monday, June 27, 2011
Mark Austin FTSE Trading Services - 27 June 2011
We are starting the week in a similar manner to last week with futures hovering around the same price level. Investors are still concerned with Greece and uncertainty remains. Clearly major support lies at 5645 and as long as this level holds, low risk buying opportunities can be made. Likewise a break of 5645 will lead to more selling down towards 5600. There will be clusters of buy and sell orders around 5645 and I classify this as an ''emotional level''. An emotional level will give way to false breaks so if there is a break of 5645 its wise to sell a retest rather than the intial break.
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The complete FTSE Trading analysis and trading opportunities are available when you sign-up to the service through the Mark Austin Trading website.
You can subscribe to this feed and receive free daily trading information by email. To subscribe click here
The complete FTSE Trading analysis and trading opportunities are available when you sign-up to the service through the Mark Austin Trading website.
Friday, June 24, 2011
Mark Austin FTSE Trading Services - 24 June 2011
Good morning
News on Greece has pushed FTSE futures up over night to our shorting level yesterday at 5739. Volatile action and linked to our discussions earlier in the week that with the Greek saga being dragged out until July we can expect increased volatile action between 5600-5800. Even with aid there is no guarantee Greece will still not default. We should have even more volatility today with US GDP being released at 1.30pm. Its a shame the tunnels are not in a good range to trade.
News on Greece has pushed FTSE futures up over night to our shorting level yesterday at 5739. Volatile action and linked to our discussions earlier in the week that with the Greek saga being dragged out until July we can expect increased volatile action between 5600-5800. Even with aid there is no guarantee Greece will still not default. We should have even more volatility today with US GDP being released at 1.30pm. Its a shame the tunnels are not in a good range to trade.
You can subscribe to this feed and receive free daily trading information by email. To subscribe click here
The complete FTSE Trading analysis and trading opportunities are available when you sign-up to the service through the Mark Austin Trading website.
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