FTSE 100 GAP Fill tradeThis is a GAP Fill trade. If you manage it correctly it will give you up to 100 points , maybe today or in a day or so. If you can manage any retraces then this is a really nice and simple trade.
Ftse100
FTSE 100 - Bullish 5-0The FTSE 100 is shaping up nicely on the 4h chart, I'm expecting this bullish 5-0 formation to complete within the next few weeks at the 50% retracement level.
The measurements for a valid 5-0 pattern are detailed below.
B: 1.13 - 1.618
C: 1.618 - 2.24
D: 0.50
We will be trading with a stop loss below the 0.618 retracement level at 7240. If we execute the trade, target is 7896.
You guys know what to do... Like, comment and share! More analysis on the way.
the FTSE100 and the DOW!These two both look to have some bullish life in them. The DAX and the US indices also seem to have some life, but these are my favourite picks. On the other hand the Shanghai Composite SHCOMP still looks dire.
Here is the DOW:
FTSE 100, falling wedgeFTSE100 continues to rage within the falling channel, looking more like a wedge with lower touches now. Today testing the resistance again after bouncing of 38.2% retracement, 200 SMA and resistance level in the way. FTSE looks bullish on dollar weakness. Though Brexit worries with David Davis resigning could spell for a weak pound later. Break above the resistance would signal a long or you can enter earlier if your risk permits. For Elliott wave a break above the previous X wave will negate the 'triple three' wave pattern.
Happy Trading!
Plus 500 Up 82 PointsLast post: June 8th. See chart .
Review: Price had just broken the previous resistance level.
Update: Price has now clearly broken that area and is making new highs.
Conclusion: We need to wait for price to close above the previous high before looking to go long.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Easy Money "FTSE100"If you wan't to make easy money in the financial markets, trade the FTSE100. Repeatable pattern over and over and over again. Tech stocks and FTSE100 are my top picks.
Cheers :)
JD Sports Up Another 12 pointsLast post: June 21st. See chart .
Review: Price was approaching the resistance level.
Update: Price is still on its way to target the resistance level.
Conclusion: We continue to wait and see if price can break through resistance and leave the consolidation zone.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
FTSE 100, confirmed trend line.Today FTSE made a third touch and confirmed a trend line right on the 50% retracement of the move. Previously respected 38.2% fib level as well. RSI in oversold area, but going lower with the pullback. 50 SMA about to cross above the 200 SMA. Important to notice that on the 4 hour chart, the 200 SMA is right on the trend line, adding additional resistance. A break above now could be a good technical setup, first target at the 61.8% fib level. Of course watch for fundamental data, particularly 'trade war' news.
Happy Trading!
FTSE Buy IdeaFTSE Buy Idea @Daily Demand Zone (7068.0 - 6972.2)
Buy Limit: 7068.9
Stop Loss: 6958.7
Take Profit: 7242.3
FTSE 100 - Daily Update for June 25th, 2018.The FTSE 2-hour chart is corresponding to the Daily Update for June 25th, 2018.
Syncona Gaps Up With A Big BarLast post: June 3rd. See chart .
Review: Price was trending nicely to the upside.
Update: Price has broken out yet again with a big breakout bar which was also a gap up.
Conclusion: We will wait for the next breakout before considering a long trade.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Rightmove Making The Right MovesLast post: June 14th. See chart .
Review: Price had started trending strong after breaking through resistance.
Update: Price continues to trend to the upside and still looks strong.
Conclusion: We will be looking for long opportunities following the next breakout.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Will Games Workshop Group Breakout?Last post: June 11th. See chart .
Review: Price was holding at a support level.
Update: Price has since bounced off the support area and looks ready to tackle the resistance level just above.
Conclusion: If there is a breakout then we can look for long opportunities which may happen soon.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Another Breakout For Abcam PLCLast post: April 18th. See chart .
Review: Price had just broken out of the previous resistance level.
Update: Price went back below the resistance level then went into consolidation, but has since made new highs and broken a higher resistance level.
Conclusion: We will be looking for long opportunities following the next breakout.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Another Bullish Day For Fevertree DrinksLast post: June 21st. See chart .
Review: Price was making new all-time highs.
Update: Price is continuing to look bullish.
Conclusion: We can look for long opportunities following the next daily breakout.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Burberry In ConsolidationLast post: June 10th. See chart .
Review: Price was pulling back in the last post.
Update: Price has gone into a mini consolidation.
Conclusion: Standing aside until we get a breakout of the consolidation zone, but overall the trend is up.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
