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Ftse100

FTSE100 - Invesre H&S - Longer-term tradeTaking in account the latest positive developments around Brexit talks and the return of the global risk-on scenario (US elections, US-China trade war), the FTSE 100 index has a positive fundamental outlook for the upcoming weeks. From the technical perspective, it can be seen that an inverse head and shoulders pattern is being formed, which indicates a downtrend reversal. Alongside with a bounce of an important support zone, it is reasonable to open a long trade. The idea is to trade the break of the neckline with a 4h candle serving as a time filter for additional confirmation. Furthermore, the trade to be initiated we should get a break of the downtrend line on the RSI (Daily) + a buy signal on the STCH (4h), which I tried to project. Stop level below the second shoulder and target 1 based on the minimum price objective. After the 1st target will be achieved the SL can be moved to break even level and new targets as seen on the chart. Support my analysis be giving LIKES and FOLLOWS. It helps the channel grow and motivates me to post free content.
TVC:UKXLong
by CAS_Trading
FTSE 100: SHORT TARGET AT 7109 MADE.TRADE REVIEW : -Technicals; Previous target of 7109 made as a result of a technical resistance at the 7186-7235 S/R zone in combination with an RSI oscillation spike to 85 signalling overbuying of the market from algos. Entry modelled after previous spike to the ~7186 resistance level on the 2nd November and stop set at 7216 modelled at previous flat price action at the bullish-bounce capitulation between the 9-10th October. -Fundamentals; global sell-off in equities especially in the US with tech stocks leading (Nasdaq 2.8% lower) demonstrating bearish sentiment. Pound weakness in conjunction with fears over divide in Parliament as a result of PMs Brexit deal causing resignations and pressure from hardliners and moderates. This has caused investors to purchase gilts driving yields lower. -Result; 74 pips profit, 2.44 risk/reward. -Evaluation; took profits way too early as the move continued for 126 pips. Any feedback on how to avoid taking early would be hugely appreciated. NEXT TRADE : Price found support at the 6983 level easily breaking the resistance at 7039 and is currently forming a bearish descending triangle. Always cautious when trading obvious technical patterns due to algos, stop-hunting etc. so will wait for confirmation of price direction before entering direction caused by a break of the horizontal support backed up by at least two more confluences. Please feel free to criticise/give feedback, thanks.
TVC:UKXShort
by joepierce96
FTSE UK Stock Index (Nov 2018) *Wacth 6,980 level!This will be my views of FTSE UK 100 (Nov 2018) Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
OANDA:UK100GBP
by SonicDeejay
FTSE 100What do I see from the charts.. The FTSE 100 is the highest its been ever. Mainly due to the fact a weaker pound has improved the price competitiveness of our exports which has pushed the ftse over the last two years. Of course, the main factor of this chart is going to be news on brexit, so concentration on brexit news will be important. The relationship between GBPUSD and the ftse also has some similarities. Now for the price action and technicals. FTSE clearly broken down out of a rising wedge. It has retested and rejected of the 21 ema on the weekly time frame, and is struggling to maintain price above the 200 ema on the weekly at 6950. Personally I have a bearish outlook. It's touched the .382 fib retracement level for this move down and is coming up to the 55 ema on the daily which has confluence with the rising wedge. There is strong support at 6750, but should that break, a deep dive is likely to around 6300. I think there is room to retest the 7500 region, which is the golden fib zone for a retracement. There is also a nasty shooting star, which indicated its heading back down to retest support. The RSI is finding resistance and has just made a nose. I expect it to see 6800 again this week, and should this support not hold and make a triple bottom, we will see more bearish momentum. Price at 7300 would be good Risk to reward for a short with a stop above the 200ema on the daily, targeting the 6300 zone, which is also the golden fib zone for the move up from 5700 to 7800, providing us with good confluence. Depending on its strength, we may or may not reach 7500 at that blue box, but either way, it's a bearish outlook from me.
TVC:UKXShort
by Crypto_Joe1
SP-500I started trading in 2013 and I followed the American indices, SP-500, DOW-30, NASDAQ - 100 (they look about the same) .European indices DAX-30, IBEX-35, FTSE-100. And each of them shows the economic situation of the country . I love Economics, but what I've seen over the years – it was a bubble blowing, a cycle. Now there are a lot of offers to invest in shares of companies, my vision, you need to run from the market! The whole market is overbought, and if everyone is already talking about stocks as the best investment at the moment, be careful. These are shouts from which you need to be protected and to keep a cool head. I have a training schedule explaining the speed of information dissemination. In addition to this, I know that one of the most important theories in the financial markets is the Elliott wave theory, which I showed on the chart. If the schedule really comes true, we will see a new financial crisis over the next 3-5 years. The largest banks JPMorgan, Goldman Sachs, Fidelity and financial institutions are already preparing platforms, platforms in order to integrate even more into the digital economy with digital money in the form of cryptocurrencies. ALSO DAX-30
SShort
by EXCAVO
31
FTSE 100 LONGS SHORT TERM LONG As we have seen of recent the indices have had what Donald Trump is calling a 'correction'. As a technical trader this looks likely to continue to the downside but we must ask ourselves where the high probability trade is from. So looking at key resistance levels will be key, seeing that the 50% Fib is sitting at the resistance zone of around 7250.0 looks promising for trend traders. So, if we expect price to go short from here we could look at price going long short term to that level. Looking at the 4hr timeframe we can see the market changing cycles here giving us a potential opportunity if it can re-test the previous structure highs at 7055.0.
OANDA:UK100GBPLong
by BlueberryMarkets
FTSE UK Stock Index (18 Sept 2018) This will be my views of FTSE UK Stock Index (18 Sept 2018) Please make sure to read the "update" comment as there will be changes along the way. Cheers. S0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
OANDA:UK100GBPLong
by SonicDeejay
1
FTSE Elliott Wave Analysis: Started Another Extension LowerHello Traders, FTSE short-term Elliott Wave view suggests that the rally to 7790.17 high ended blue wave (X) bounce. Down from there, blue wave (Y) remains in progress with instrument showing a lower low sequence. The internals of that leg lower is taking place as double correction lower due to overlapping price action happening from 7790.17 high thus suggesting that the decline is unfolding in 3 waves corrective sequence. Down from 7790.17 high, the initial move to 7477.05 low ended red wave W of (Y). The internals of that lesser degree decline unfolded as a Zigzag structure where black wave ((a)) ended in 5 waves at 7614.48 low. Then the bounce to 7665.24 high ended black wave ((b)) bounce. And decline to 7477.05 low ended black wave ((c)) of W in another 5 waves structure. Up from there, the bounce higher to 7639.13 high ended red wave X of (Y). The internals of that bounce unfolded as double three structure where black wave ((w)) ended at 7616.15 high. Black wave ((x)) ended at 7531.24 low and black wave ((y)) of red X ended at 7639.13 high. Down from there, the index has made a new low confirming that red wave Y of (Y) has started and looking for extension lower towards 7323.99-7250.04, which is 100%-123.6% Fibonacci extension area of red W-X. Near-term, while bounces stay below 7639.13 high expect index to extend lower. We don’t like selling it.
TVC:UKXShort
by Elliottwave-Forecast