looking for longs from demand zone.Good morning traders. Today i am looking fro buys from a very respected demand zone and i am going to be waiting for a very clear rejection from that support and i am looking to leave this trade for longer period of time that is why my take profit is so wide. please ensure you guys do you own analysis and you use good risk management and wait for more than one confirmation .
UK100 CFD
Decision time for FTSEThe British index is in a complete impasse due to concern over the second wave of viruses.
If the index can throw itself back into the green rising channel, things will get better for the kingdom, but if the falling channel is stronger it can retreat back to the lower horizontal support.
Only personal opinions and ideas. Does not Include Legal Investment advice...
UK100 H4: TOPPED OUT // correction looming // SHORT IT!(NEW)Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
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UK100 H4: TOPPED OUT // correction looming // SHORT IT!(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: US/Global stock markets are maxed out
::: British economy shrank by a record 20.4%
::: Hundreds of thousands of people have already lost their jobs
::: FAKE money printing won't prevent the collapse
::: 20/25% correction August/September
::: DAX down 5% in Europe already recently
::: QQQ/SPY joining BEAR party soon
::: UK100 distribution in progress
::: runaway gap
::: SHORT IT 5% gains at least short-term
::: more coming over next few months
::: unsustainable gains, game over now
::: distribution at the TOP setup
::: spells MAJOR trouble for the BULLS
::: BEAR cubs will turn into GRIZZLY
::: expecting CORRECTION to last next 4-8 weeks
::: distribution at the top in progress
::: will lose up to 40% during correction
::: There is no upside in this market
::: Get out / trim exposure / or SHORT IT
::: Game over bulls and market will shift
::: into BEAR mode August/September 2020
::: either way setting up for 40%+ correction
::: 4-8 weeks of correction incoming soon
::: better be prepared in advance
::: when there's GREED there's also PAIN
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
UK100 recent highs soon (weekly/daily) 🦐UK100 after the first upper leg has retraced till the 0.382 fib level before starting a new move to the upside.
On the daily chart market has been in a side range between 6100 and 6300 with a first false bearish breakout and a clearer sencond one where the bulls took the liquidity to start the new leg.
IF the market will clearly break the weekly structure to the upside we can set a nice long order accoring with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Cineworld - 5% on the sell and 5% on the BUYA big move today for Cineworld.
I checked lse.co.uk this morning and saw the daily % gain, guess what - our strategy had already signalled the buy.
This is a very powerful tool for investing or cfd trading stocks too.
Regards
Darren
#UK100 #FTSE100 Top Down Analysis & ForecastTraders, In this multi time frame analysis we see that market has reached a critical level. It also moved exactly as we predicted in our last analysis. So what's next?
If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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#FTSE100 #UK100 Weekly Multi Time Frame Analysis & ForecastTraders, FTSE100 has taken a divergence from snp500 and fell. This has been showing bearish signs for some time now. So I am expecting it to fall further. Lets see what opportunities we have on it in this multi timeframe analysis and forecast.
If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
uk100this index is falling , UK delaying reopen will hit it for aweek or some thing i will short it now
and buy the bottom latter next week .
take this on you own responsibility
FTSE100 - UKX - What is next?FTSE100 -UKX - What can we expect to happen?
I am strictly basing this analysis I share with you today on technicals only with additional aspects of trading psychology.
Technical Aspects:
We have a wedge formation, a break to either direction is key.
We also have the Fibonacci Retracement to keep in mind.
Support and resistance areas combined with key trend-line areas.
Who's in control?
The bulls at this moment of time.
What could we be expecting?
BELOW that key trend-line up in red - Bears get in control, targeting the next support area 0.618 area
ABOVE wedge area, the trend-line down is key area we need to focus on that's the next resistance area if we break either bullish momentum will continue and target areas next resistance areas. 161.8 areas.
I've suffered for years actually over coming this ego I had towards the market. To create consistency and to be able to produce the analysis I prepare for you today there is years of unsuccessful and hard work and I thank for those days today. I appreciate everything I've learnt about myself to get to where I am, the bad days lead to good days. However, what I learnt over the years is:
1. Trading is just probabilities, you're creating your probabilities higher through the analysis you prepare.
2. Patience is key, the trade wont go your way within minutes, the market doesn't care about you and you are NOT there to fight it because you'll get into bad behaviour of trades e.g. Chasing.
3. There is no one set way of trading, create your own plan - Create a plan that really suits you, trading is like having your own business. You are your own boss. Make the most of it!
4. Book won't teach you how to trade - real life practical works get yourself a mentor - get educated by the best with years experience. I use the analogy of learning how to drive a car personally I love cars, Ferrari 458 of my favourites - However, doing the theory test is key gives you great knowledge but the practical reality of driving you need practice, you have the rules and most importantly the edge on how you maybe able to shift gears for whatever you're faced with in-front of you. That's like trading.
Remember: Just a trade idea, not a recommendation.
Have a great week ahead.
UK100Possible sell scenario on uk100. If we break below 6247 we might go all the way to 6166 next. Not yet certain but id be looking out for this drop today.
#UK100 #FTSE Full Top Down Analysis & ForecastTraders, Like SNP500 and US30 we were expecting FTSE 100 to be bearish too.That's what has happened. Now it has reached a level where it could start to move higher. So we need to see what lies ahead. Lets find out.
If you found this idea useful, hit the like button and subscribe. If you have your own ideas to share on this market or have a question, comment below so that we can discuss.
Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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