Get started

FTSE

FTSE Upside limited, eyeballing a 30% correction via Hard BrexitHere actively looking to build a full sized position in UK Equities on the sell side. => Hard Brexit now sitting in 'done deal' territory. => All UK sectors are starting to cough and beckoning for help. => Expecting the shock to be felt in both the Equities market as well as the Pound (see related ideas). => This will detonate soon and provide a category 5 hurricane for little England. There is a more detailed description in the related Sterling idea covering the political side as well as the fundamental side, I would highly recommend reading this for those tracking Brexit in FTSE and Pound. Things are going to get dark very soon.
FOREXCOM:UK100Short
by RaiseTheBid
2
FTSE (UKX): Its At A VERY Important Point! +320 Points Profit! If you follow the FTSE at all and you also follow my trades, well, you've been KILLING IT! We just closed our LONG trade on the Footsie and bagged another +320 points to go along with that +635 points whooper of a trade when we caught that collapse back in January. That is a +955 points profit on 2 trades! Yep, we are 100% on our trades in the FTSE so far since we started offering analysis on it. Do the math. Each point is worth £5. Anyway, I'm not here simply to toot my own horn. Others here do that more than enough! I tell you about what I and my subscribers did simply so you will at least pay attention to what I have to say so that you may have some confidence that I know what I am talking about. Then maybe you might learn a thing or two from my posts. After all, I don't post for my own health! Ok, so now that we have closed our trade and done everything EXACTLY according to our trading plan (do you have one? You BETTER before you ever take any trade!), we are out and are now waiting on what is to come next. And what is that? A possible BIG reversal back down! Maybe even bigger than what we made on the way up! It is now retesting that broken trend line of the broken trading channel it had previously been in for a some time. This is very typical price action in that prices will usually (but not ALWAYS! Nothing is 100%) retest whatever level, zone, formation, pattern or trend line it broke from. And then IF it gets rejected again (like a jilted lover), it will react violently and usually forcefully in moving away from that rejection point. And usually, that move in the opposite direction is not a simple retracement but rather a complete reversal in direction. That makes for a strong move away. Yes, it certainly takes some skill, experience and expertise to recognize and differentiate from different types of price action in this setup but when you can recognize it and MORE IMPORTANTLY take advantage of it, you can score your self BIG WINNERS like we do! So watch the trend line and prices and see what happens BEFORE you leap and take a SELL! You need PATIENCE! I can't emphasize that enough! PATIENCE! Remember also that this has been a strong uptrend and you don't want to go against such a move! Let it prove that it is done first!
TVC:UKX
by EverythingForex
4
BHP Billiton - Short tradeBHP Billiton, is a trade that we are currently short on from 1408, utilising our absolute return strategy - Trend Following. The chart shows lower highs and breaks to the DS of key horizontal & ascending TL support levels, which the market has failed to hold and has in turn broken further to the downside, after watching the pair consolidate within an equidistant price channel, Price broke down, outside of the EPC and closed below the 200 day EMA ! Giving scope for further downside, subject to price continuing to trade and hold below these two previous key levels of support, now resistance !!! Price closed below these two key levels. As we are trend-following, we don't have a set 'take profit' area, however, if we look at where the market could be heading, we look towards the support levels at 1313. Here we expect price to enter a phase of consolidation / distribution, whilst the market digests the fundamentals and other technical patterns. IF price fails to hold this support level, we could look for BLT to be retesting the lows of April 2016 around 1100 !
BShort
by UnknownUnicorn2262924
A long-term trading opportunity to sell in E100. Wait to Hunt!!Technical analysis: FTSE is in a downtrend, and the continuation of downtrend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 45. Trading suggestion: The price is still in a downtrend and we forecast the downtrend would continue. There is possibility of temporary retracement to suggested resistance zone (2900 to 2933), if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (2900) Ending of entry zone (2933) Entry signal: Signal to enter the market occurs when the price comes to "Sell zone" then forms one of the reversal patterns, whether "Shooting star" or "Peak" , in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons: (We have started to prepare these lessons in TradingView. If you want us to continue, give us feedbacks!) Take Profits: TP1= @ 2851 TP2= @ 2806 TP3= @ 2764 TP4= @ 2717 TP5= Free
EURONEXT:E100Short
by ForecastCity
Trinity Mirror mat have based out #TNINews this morning Group revenue fell by 12.6% to £623.2 million. On a like for like (2) basis revenue fell by 8.8% impacted by the weak print trading environment. Strong management of the cost base enabled adjusted operating margin to increase by 0.7 percentage points to 20.0% delivering an adjusted operating profit of £124.7 million. Statutory operating profit increased by 4.7% to £97.9 million. Analysis - Although the news was not the best, it beat some analyst expectations. I think the market reaction shows we may have been expecting worse. longer term looks fo the 85p to provide some resistance - if the breaks it could be confirmation of a move higher.
TLong
by RajDhall
Kaz Mineral should go in the right direction if copper performsNews - · Gross Revenues double to $1,938 million (2016: $969 million) as the Group delivers production growth into stronger commodity markets - 2017 full year copper sales volumes of 256 kt (2016: 141 kt) - Revenues in income statement of $1,663 million (2016: $766 million), excluding $275 million of pre-commercial revenues · Gross EBITDA of $1,235 million (2016: $492 million) driven by low cost volume growth - Gross EBITDA margin of 64% (2016: 51%) - EBITDA of $1,038 million (2016: $351 million), excludes $197 million of pre-commercial earnings - Operating profit increased by over three times to $715 million (2016: $218 million) Analysis - if copper stays strong I don't think there is any reason Kaz will not retest the highs or even get to the 1000p mark
KLong
by RajDhall
Cobham progress stopped by general stocks weaknessCOB Cobham News · Revenue 6% higher, benefiting from favourable currency translation. Organic5 revenue growth of 1% · Underlying operating profit of £210.3m, slightly ahead of expectations · Progressing delivery on the onerous contracts provided for in 2016, including KC-46, although risks and challenges remain · Strong free cash flow generation as a result of management focus, later phasing of 2016 onerous contract cash flows, lower capital expenditure and £27m of advance customer receipts · More resilient Balance Sheet with year-end gearing ratio at 1.3x and US$545m revolving credit facilities refinanced for five years or over · Agreed divestment of AvComm and Wireless test and measurement for US$455m in cash; transaction will increase focus, reduce risk and further strengthen Balance Sheet · Unchanged expectations for 2018 before divestment and currency translation Analysis - I think if stocks return to their rally we could se a test of the top of this range near the 150p mark - but this is dependant on the bull market returning.
CLong
by RajDhall
FTSE volatilityTVC:UKX is looking to breach the Red Komo (cloud) on the Ichimoku. It hit the top resistance blue line and is now headed to the bottom support blue line around 7106. Could be a near term short play and the geo-political backdrop is reinforcing this (lots of bad Brexit news and retail sector suffering Toys R Us, Maplin have gone into administration and several companies including Foxtons have reported drops in profits). Medium term I'm expecting the volatility to continue in and around the range of the blue resistance and support lines.
TVC:UKXShort
by x18nas
Divi driven rise but looks bearish still, drop to 7100I feel that shorting the rallies is still the best play for the moment, with the 7240 area initially resistance to watch today. There is still a chance that we rise to the out of hours Sunday high at 7328 but it was only the larger divi yesterday that fuelled the rise, so a bit of a big ask for the bulls. The 2 hour chart had resistance at 7275 and if you ignored the divi overshoot we have dropped off that level. I am looking for a drop down to 7150, especially if the 7179 support breaks today, and then 7100 below that.
TVC:UKXShort
by hilsdentrading