SHORT FTSE 100Short FTSE 100 @ 7450
TP: 6900
SL: Around 7700
The UK has many problems involving the PM, energy, cost of living crisis, recession, inflation and a devaluing currency. Normally GBP weakness was beneficial for the equity index however, the correlation has broken down. THE BOE has admitted that we face 5Q's of recession ahead and I cannot see how that is positive for stocks. I have therefore sold into this rally and will look for sub 7k lvl to TP.
This trade could take a few months but I am happy to sell into this rally.
Good luck! ;)
Ftse100
UK Recession voices and FTSE100UK inflation in double digit and it never been easy to cool down inflation above 5% or sticky for long, Winter approaching and peoples rising hands against Energy, Electricity bills while or easy money gone. Globally we can face hard time for two years while central banks saying everything ok.
Now world is more synchronize compare to 2000 and any bad news from any country effects whole markets.
GGP Deep DiveHere's a macro macro (1 week chart) deep dive on GGP:
- No fundamentals here, just looking at the chart zoomed way out.
- Price bounced from the 0.786 fibonacci retracement (1 week chart). A good place for an entry, but only in hindsight now.
- Looking for this level to hold ~ 9.44, and on the lower time frames it looks as though price action is trying to form a swing higher low ~10.00.
- One might want to take an entry here in the hope that this higher low plays out and we get a reversal. But we need to go to lower time frames though as to whether or not here would be good for an entry.
- There is an overhead diagonal resistance also, blue line, which is something to keep an eye on.
- Also there is clear resistance, dead centre on the RSI, which makes sense as that price action has been bearish and therefore RSI oscillating below ~50. It would be interesting to see that resistance broken down and for price action to break above the 50 line.
1 hour and 4 hour:
- The price action and ichimoku cloud indicator shows that price action is bearish. On the 1 hour there is even a bear flag forming.
If i was in a position here:
- I would feel that I might have weathered most of the down move, and a relief rally to the upside was on the cards.
If i was taking a position here, 2 options:
(1) take an entry here, and hope the higher low plays out. A stop-loss would sit below, 9.44 (and as such, your price target should reflect this in its risk/reward ratio.
(2) wait for confirmation of an entry on the lower time frames. This might look like a bullish divergence on the 4 hour, or price action unfolding long enough sideways, that you get price action and the lagging span (ichimoku) both above the cloud on the 1 hour (and for a better quality trade) the 4 hour.
Price targets
- On a quick glance, the most immediate price target for me would be 12.82, then 15.32 after that.
Nasdaq Bearish Continuation Hello Folks, The price is in the premium again, seems to dive back down from the marked zone. The price came back to my previously marked area of Break away gap, which i mentioned will be filled later. It's a final call for bearish continuation of US-Indices. I am risking 2% on the trade for a long swing target for high rewards. Monitor the price action in the marked zone is of course necessary. Cheers!
Joe Gun2Head Trade - Fading FTSETrade Idea: Selling FTSE
Reasoning: Initial rejection at 7493
Entry Level: 7468
Take Profit Level: 7375
Stop Loss: 7498
Risk/Reward: 3.06:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
FTSE100/ UK100 longHi traders,
Following an amazing bullish run in the direction of our Bearish Gartley, we anticipate the UK100 to continue being bullish until point D before shorting back to point B. This is an easy sell on the daily timeframe.
Please share your thaughts.
Disclaimer
NASDAQ Guru offers general trading signals that does not take into consideration your own trading experiences, personal objectives and goals, financial means, or risk tolerance.
UK 100 FUTURE LOOKING FOR CONTINUATIONFTSE 100 is looking good for continuation, it is trying to break through Resistance and hold as Support.
Channel Up for all of 2021 and half of 2022. Fell out of the pattern into an Ascending Triangle and hit Target 1 and 2.
Ascending Triangle complete and Target 1 hit.
If we fail to break current Resistance we will retrace to Targets 1 and 2.
Order Block Spotted On The FTSE 100 (FOOTSIE)Hi Traders,
In my last post on the FTSE 100 (FOOTSIE) I was waiting for rejection and some bullish candles before entering, Since then Price has not moved much and there was no real enticing price action to get involved, Looking at price structure now I can see that there is an unfilled Order Block which may be filled before price takes off. I like this setup before the structure still remains bullish and we have the entry of the order block sitting at 7200 which is a round psychological number.
I will be monitoring the price closely to see how it will pull back to the order block. I will have a pending order at the point of entry with my stops very tight just below the structure. My Target is at 7533 which seems to be unfilled territory. There is not need to go hard on this setup as it has a beautiful 12R potential and 1% Would be more than enough risk for this perticular trade in my opinion.
Look our for high volume or strong bearish momentum on the pullback as this may lead to the structure flipping back to a bearish nature.
Be safe and trade safe.
Renaldo Philander.
Ferguson: Uptrend to resume?⏫VALUE BUY - Ferguson Plc - FERG
🔢Technicals
▪️Stock: Bearish
▪️Sector: Industrials - Bearish
▪️1 Month vs FTSE100: 3.91%
▪️3 Month vs FTSE100: -1.67%
🔠Fundamentals
🔸Overall Rank: 12/276
🔸Value: 71/276
🔸Quality: 35/276
🔸Momentum: 109/276
🔸Growth: 9/276
🔸Profitability: 25/276
🔹Entry Zone: 9216.00p - 9576.82p
🔻Stop: 8455.00p
▪️Target1: 10934.00p
▪️Target2: 12023.00p
▪️Target3: 13112.00p
BUY RATING: ⭐️⭐️⭐️⭐️
Easyjet - EZJ - LongGood Day!
Trade idea was posted via VIP group a few months ago - with significant gains, and profits booked. Successful trade.
However - the situation we have now, is a set-up now presenting an even better risk-to-reward ratio.
Previous trade commentary shared in VIP group, remains valid.
Good luck!
Best,
Figuring Out Finance
VIP Trade Set-up shared earlier this year:
Tues 4th Jan- 22: Trade update - Easyjet (EZJ)
Easyjet (EZJ) trade idea from Dec-21, has already delivered strong returns in a short space of time.
Markets reacting positively to the UK govt's stance on cautiously not increasing Covid restrictions, and the fact that Omicron is slowly being recognised as a 'milder' variant than expected.
This was in line with our 'house view ' on the market's potential overreaction to the new variant (albeit it's tragic news of course that people will continue to suffer from the effects of Covid).
Today EZJ opened at >10%.
Our Fund bought heavily into the recent fade of EZJ price, and will no longer be looking to increase our exposure at these prices.
Will re-evaluate our positions should price revisit sub 550.
Take profit around 850, continues to be valid.
FTSE sell @borisjohnsonRisking 27 for 1136 pips. It may not give up so easy but, what if, Boris, and most likely, resigns today? What’s happening at the moment in UK’s politics is like cannibalism. One cannibal gets injured and the rest turn on them and devour down to the bone. It’s difficult to survive this orchestrated attack. Look for a power struggle between the remaining cannibals. The whole thing makes no sense. I think the ship is going down and the rest will be his-story.
UK100 BEARISH PATTERNUK100 CFD had broken the support of the triangle pattern that was formed on the 1H graph. The histogram of MACD indicator is still below the zero line, also confirming a bearish outlook for the instrument.
If the price of the instrument continues its current movement, it might reach levels below 7040. On the other hand, if price reverses, it will most probably test the resistance of the triangle at 7350.
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EasyJet at COVID-19 LOWS!!EasyJet
Medium Term
We look to Buy at 385.00 (stop at 364.00)
Previous support located at 385.00. The medium term bias remains bearish. We are trading at oversold extremes. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher.
Our profit targets will be 489.00 and 565.00
Resistance: 500.00 / 581.00 / 721.00
Support: 385.00 / 345.00 / 273.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
A chance to short FTSE for 160 pipsFTSE is a nice downtrend.
It has reached the H4 MA and created a top.
We are selling this with 40 pips SL.
BP - Make or break for the UK Oil giantBP. (BP.)
Short Term
We look to Buy at 390.00 (stop at 373.30)
The medium term bias remains bullish. The trend of higher lows is located at 377.50. Dips continue to attract buyers. Our overall sentiment remains bullish looking for higher levels.
Our profit targets will be 455.50 and 480.00
Resistance: 396.00 / 419.35 / 456.00
Support: 377.50 / 364.10 / 338.05
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
FTSE 100 - some relief comingFTSE100 has taken a further dive down towards historical price support.
Formed a steep bullish divergence on the 4hour. Would expect some relief here.