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Ftse100

Are the markets losing faith on FTSE?The situation looks very dismal for FTSE100 as since June's High, the index has been trading within a Channel Down that has already lost almost 50% of the post March gains. Additionally, the MACD on the 1W chart just made a Bearish Cross. The whole sequence from start (Death Cross) until now, loos very similar to the 2008/2009 credit crunch. Have the markets lost all faith on the UK100 in order to push it to the 1.236 Fib as in 2009? ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
OANDA:UK100GBPShort
by TradingShot
2
UK100 Intraday Setup.UK100 - Intraday - We look to Sell at 5944 (stop at 5979) Prices spiked higher and stalled at resistance in early trade. Further selling pressure led to a reversal in price action. We are trading at overbought extremes. This is negative for sentiment and the downtrend has potential to return. We have a 61.8% Fibonacci pullback level of 5944 from 6042 to 5785. Further downside is expected although we prefer to sell into rallies close to the 5944 level. Our profit targets will be 5845 and 5770 Resistance: 6106 / 6325 / 6515 Support: 5770 / 5650 / 5445
OANDA:UK100GBPShort
by Signal_Centre1
FTSE 100 MOVING NICELY + 3.7% USING CUSTOM STOCKS STRATEGY UK100 trade made a great move! Let us know if you're in. If you're not in, join our community to get alert's like this. BASED ON 1% RISK YOUR ACCOUNT WOULD BE RUNNING +3.7% OUR STRATEGY EXPLAINED: The entry price, SL and multiple TPs are shown on the chart. Our back testing and money management strategy itself is holding until a reverse signal to ride a big trend, but as you will not see the next signal - manage the trade as you wish should you decide to enter. What is our strategy? Our strategy is a trend following strategy, can be used on any instrument and time frame. However, we have hard coded specific parameters for when trading the H1 time frame, so we can back up over 4200 previous trades to confirm our edge from previous data. This gives us confidence in execution and belief in our trading strategy for the long term. The strategy simply sits in your trading view, so you will see exactly what we see - the trade, entry price, SL and multiple TPs (although we hold until opposite trade as this is the most profitable longer term plan), lot size, etc. This could be on your phone trading view app, or laptop of course. The hard work is done, so we have zero chart work time, no analysis, no time front of the chart doing technical analysis - technical analysis is very subjective - you may see different things at different times - how do you have a rigid trading plan on a H&S shoulder pattern? Your daily routine, diet, sleep, exercise can affect what you 'see' and your decision making, this doesn't happen when a strategy is coded like this; what we do have is a mechanical trading strategy... What does this mean? It means, we are very clear on our entry and our exit and use strict risk management (this is built in - put in your account size, set your risk in % or fixed amount and it will tell you what lot size to trade!) so we have no ego with our position and we are comfortable with all outcomes - its simply just another trade. This free's our mindset from worry and anxiety as we take confidence from knowing our edge is there and also that we have used sensible risk management. The strategy itself can be used as a live trading journal too - how cool is that? The strategy will confirm and support every open and closed position - so its quite easy to follow. We just have to do what Percy does. Please see our related ideas below for more information to explain what we do and how it can help you.
UShort
by RossTyler
Why I am buying BTThanks for viewing, I'm not sure I have the time to include my full reasoning. - June 2020 reported both revenue and EBITDA down 7% yoy, which is certainly less of a decline than a lot of businesses - and way less than the drop in UK GDP overall. - Profitability at end of March 2020 was pretty good, and after reporting an interim dividend of ~4.7% (the interim dividend is 30% the size of the final dividend) they halted dividends for the 2020-2021 year. That is quite prudent, and the -7% revenue numbers reported months after that seems to suggest that the hit to profitability will not be too great. - It is quite hard to get a handle on where we are in the overall correction since 2015, but recently, the share price appears to have completed an identifiable 5 waves (of some degree) that started in October 2018. This suggests we are due at least a correction of some degree (if not a change of trend). - An ending diagonal has formed since March 2020, this could be a bullish sign. I often see such formations at the bottom of a commodity price cycle. - There is bullish RSI divergence unfolding - when declining price is displayed as a series of higher lows on the RSI. This, if nothing else shows a slowing of the price trend and is often present before prices change direction. - www.macroaxis.com (its a secondary source) shows on 31 March 2020 EBITDA isn't that much lower as compared to when BT was at the top of the previous price trend - in 2015-16, when BT was worth over 500 (this was despite a major lease payment over 800m pounds in the prev annual report - which isn't paid every year). So earnings per share have dropped 30% but share price is down 80%? Seems to indicate value to me. - They will not be paying dividends this year, which I like, it is a good idea in uncertain times. Better to re-emerge strong than to deplete oneself in lean times. - Based on previous dividends - which are highly stable and reliable - they could be paying and over 15% return - so I expect price to go up in 2020 - early 2021 in expectation of the resumption of dividends. - Very good dividend coverage ratio - I think only about 30% of EBITDA is distributed as dividends, so even quite large variations in profitability will still allow reinvestment in the business and for dividends to be maintained. - I think Brexit fears are over-blown. Yes there are a number of stories that BT will lose some European contracts due to Brexit, and even if that happens, this will not represent a sizeable hit to profits. - PE ratio is 5.67 - value investing normally recommends buying when PE is below 10-15. - Price to book ratio is 0.66 - so the entire businesses equity and future profit stream are valued at less than 70% of just net assets. Seems to indicate under-valuation - especially for such a high dividend potential equity. - Despite competition, they provide 37% of broadband and seem to do well against the competition in cellphone coverage. - People still need their cellphone and Wifi is basically an essential in 21st century, whether you work from home or not. Most of their drop in revenue was due to lower economic activity in general - but the base-line revenue is quite solid. - If you believe in the "new tech-based economy" (that has resulted in TESLA trading over 1200 times earnings) well Companies like BT will be the foundation of this, providing internet and communications infrastructure. Medium-term I see the 0.382 fib retracement as a plausible price target at 250 (+200%). If FY 2019-2020 dividends are maintained after next year, that will still allow a 5% dividend to be paid, which is better than the average - currently 4.81% for the FTSE 100. Yahoo finance puts a fair value fr BT at 200 uk.finance.yahoo.com - so 250 isn't "pie in the sky". Its definitely under-valued - so I will start to average in. Time horizon; buy in within the next 3-6 months and hold for 5+ years. I guess I did have time lol
LSE:BT.ALong
by flyinkiwi10
2
Brexit All you Need to Know about the UK Leaving the EU 🍃📌 Brexit: What happens now? The UK left the EU on 31 January 2020 and is now in an 11-month transition period. During this period the UK effectively remains in the EU's customs union and single market and continues to obey EU rules. However, it is no longer part of the political institutions. So, for example, there are no longer any British MEPs in the European Parliament. 📍 MP's back Boris Johnson's plan 📍 What is Boris Johnson's deal with the EU? Future trade deal Negotiations on a trade deal with the EU have been proceeding for several months. The UK wants as much access as possible for its goods and services to the EU. But the government has made clear that the UK must leave the customs union and single market and end the overall jurisdiction of the European Court of Justice. Both sides say there a still significant areas of disagreement - for example, on EU proposals for a so-called "level playing field", which would see the UK and EU maintain similar minimum standards on things like workers' rights and environmental protection. 📌 Brexit: What is a level playing field? The deadline for the two sides to agree an extension to the transition period has now passed. If no trade deal has been agreed and ratified by the end of the year, then the UK faces the prospect of tariffs on exports to the EU. The prime minister has argued that as the UK is completely aligned to EU rules, the negotiation should be straightforward. But critics have pointed out that the UK wishes to have the freedom to diverge from EU rules so it can do deals with other countries - and that makes negotiations more difficult. It's not just a trade deal that needs to be sorted out. The UK must agree how it is going to co-operate with the EU on security and law enforcement. The UK is set to leave the European Arrest Warrant scheme and will have to agree a replacement. It must also agree deals in a number of other areas where co-operation is needed. It's also important to recognize that major changes will take effect on 1 January 2021 whether or not a trade deal is agreed. Free movement of people will end and businesses trading with the EU will have to follow new rules. 📌 What are the big issues at stake here? Top of the list is a trade deal to ensure the tariff and quota-free flow of goods between the EU and UK. But the EU will only agree to zero tariffs and zero quotas if the UK pledges zero dumping – that is, not lowering social and environmental standards to outcompete the EU. Negotiators will almost certainly clash over the EU’s refusal to bring services into the trade deal, leaving the City of London reliant on a patchwork of market access agreements that can be withdrawn at any moment. Another early fight will be over fish, as the EU seeks to link goods trade to maintaining the status quo on access to British waters, a demand seen as outrageous in London. The non-trade topics sound easier, but are full of political landmines. For instance, agreeing a replacement for the European arrest warrant will require Germany to change its constitution. The UK will struggle to achieve the historic first of securing outside access to some EU crime-fighting databases. 📌 What will happen to the economy? It depends who you ask. In the short term, much of the risk seems to have been priced in, at least on currency markets, where sterling still languishes compared to where it was in June 2016. The stock market is well ahead. 📍 Sterling is still down on its pre-Brexit vote position 📍 Shares have rallied recently, partly fueled by greater Brexit certainty 📍 Investment in UK business has fallen behind other G7 countries Share your Views and comments ideas below to make things more better. Thank you
Education
by Ridethemacro