Arthur Campbell

Solas SwingTrading Software gets busy as FTSE 100 holds Support

Arthur Campbell | January 16th, 2012 | Tags:

The FTSE100 index dropped last Friday tracking declines in other European markets as France was stripped of its Triple A rating by the Standard and Poors rating agency. However France secured a small boost on Monday as Moodys announced it was maintaining its Triple A status and stable outlook for its debt.

The Solas Swing Trading Strategy took advantage of  the FTSE100 decline by increasing its activity rate generating 8 new signals as the overall market weakened but failed to sustain any move below the January lows.

VOD.L – New S1 Long Position


Company Profile Vodafone Group Public Limited Company provides mobile telecommunication services worldwide.It was founded in 1984 and is based in Newbury, the United Kingdom.

FRES.L – New S1 & S3 Long Positions


Company Profile Fresnillo plc engages in the exploration, development, and production of gold and silver properties in Mexico.

BRBY.L – New S1 & S3 Long Positions


Company Profile Burberry Group plc, through its subsidiaries, designs, sources, manufactures, and markets luxury clothing and non-apparel accessories for men, women, and children primarily in Europe, the Americas, and the Asia Pacific.

ITRK.L – New S1 Long Position


Company Profile Intertek Group plc provides quality and safety solutions worldwide. It helps customers to assess their products and commodities against various safety, regulatory, quality, and performance standards.

IPR.L – New S4 & S5 Long Positions


Company Profile International Power plc operates as an independent power generation company. The company has approximately 70GW of gross capacity in operation across Latin America, North America, the United Kingdom, the Middle East, Turkey and Africa, Asia, and Australia.

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The Solas Swing Trading Model is an end of day trading strategy which delivers high probability trade signals both long & short within a defined trend across the main indices, equities & etfs.

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