LUNCHTIME TRADERS
Wednesday 5th September



Yesterday's close on FTSE - 6376.8

** Please note: All recommendations are only good for the day.

Dear Subscriber,

Good morning! I hope you have woken up feeling
refreshed (and richer!) after the winning trade
yesterday.

I will be doing a full review of the trade as usual but
as part of our efforts to make this service even better,
from now on I'll send out the market and TradeWatch
report first and then follow up with other less time-
sensitive matters (this also applies to the review of our
August results which I'll send out later today).


Right, on with the show!

FTSE and the DAX continue to trace out very clear
patterns calling for a major peak imminently - certainly
by early next week.

When I say a major peak, I mean one that will be followed
by a decline BIGGER than the one that started in July.
That decline took FTSE from a high at 6754 down to the
August low at 5821 - a decline of 933 points - 13.8%.


So, if this pans out as expected, FTSE may be down in coming weeks.

I will be looking at the longer term bets available from
BetsForTraders and BetonMarkets to play this. The major
consideration will be price but each company has its own
pros and cons. For example BetsForTraders offers more
flexibility in terms of time but does not allow bets to
be closed ahead of expiry and that can be a big drawback.


If you have not yet opened accounts with these betting
companies now may be a good time to do so - see the guide
linked at the end of this report. Accounts can be opened
without the need for funding but if you leave funding to
the last minute this will hold up the betting process.


In the shorter term.

********************
TRADEWATCH
********************


There are a couple of niggles which need to be ironed out
before I can call the top. Today it looks like we will
pull back from the peak seen earlier at 6390 and then
rally above 6400.

If so the pullback may give us a chance to buy "FTSE to
finish up" at a good price (20 or below). Currently IG
price this bet at 27/31.

I think it is unlikely that the 50/50 FTSE tunnel will
get taken out today but there is a chance the 35/35 may
succumb at some point so if we can sell that at a good
price (70 or higher) that might also be a good bet -
current price on IG - 9/18.

For a bit of a punt the bet "FTSE to finish up 20-30
points" may be worth buying - current IG price 4/7.


The menu structures for the bets mentioned above are

"FTSE to Finish Up"

IG Index

FTSE to finish up - Binary Indices>FTSE (daily)>Up or Down

Capital Spreads

FTSE to end up - FTSE>FTSE Daily Up/Down

NB: This bet is available from any company offering
binary bets.

FTSE tunnels

IG Index

FTSE to stay in range..." - Binary Exotics>Tunnels>FTSE
(Daily)

Capital Spreads

FTSE Tunnels - FTSE>FTSE Daily Tunnels

The menu structure for the bet mentioned above is

FTSE to finish up 20-30 points

IG Index

FTSE to finish up 20-30 points - Binary Indices>FTSE
(daily)>10 point Targets

Capital Spreads - not available

I will be in touch later with the Trade Review and if
with a trade alert if we upgrade any of these bets to a
formal recommendation - under our more relaxed policy an
alert means take the bet now although, as ever, the final
decision is yours.

***************************

I must add that trading is all about controlling risk.
Markets are unpredictable and however perfect a pattern
or set-up may seem it does not mean it will work out that
way. In fact the most perfect set-ups rarely work because
of the fickleness of market behaviour, the psychology of
market participants, and the mechanics of market action.
All my recommendations will be based on careful analysis
and are designed to give enhanced odds of success but
they will not always work out.

All the best and good luck!

Adam X