13/12/2012

FTSE moving sideways to down.

FTSE 2 hr now.

This is the most dangerous chart in the world to trade and forecast. The FTSE traders are often suddenly driving the index in the opposite direction than expected. That is why I can be wrong often with FTSE even though I know this index for 20 years. The day traders are extremely skillful and often move on upside with bad news and vice versa. Take my forecasts with this in mind. 

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