Get started

UK100 CFD

Lets try something new...UK100 Short trade setupNormally I only trade Forex pairs and it has been a while since I last traded any indexes. But I was strolling through markets and saw this opportunity so I analyzed quick and opened a short trade @7216. My quick analysis The Market has reversed at the end of July and stayed in a Down Trend ever since. Now we can clearly see Resistance @7305 so that gives us a nice opportunity to go short and aim for a Lower Low. In this setup I used the Fibonacci Retracement tool to look for a TP level and found one @6992 (fib 0.618). The Market is already down -0.47% while writing this text so I don't know if there will be a good window of opportunity for long. My StopLoss is set @7336 I don't know what to expect of the duration for this trade but I have patience and confidence. Lets wait and see what happens!
TVC:UKXShort
by Cas4xx
1
UK100 Look For The Down MoveHello traders, We had a strong down move in the beginning of August which we have been correcting thus far and now I am looking for that continuation down to the 6700 / 6600 range. I will re-evaluate the action in the coming weeks to assess whether or not I think this will be the complete reversal and probably the inevitable recession or back up to break and make new highs (which I think will be the case by the way). Check out some of my other ideas posted under 'related ideas' down below. If you would like me to forecast a specific pair that I have not covered, feel free to comment it down below. Don’t forget to like & follow. I will be posting forecasts & trade setups on a regular basis! Thank you, Good luck
OANDA:UK100GBPShort
by UnknownUnicorn852976
UK100GBP - Possible 10:1 Return Depending On Your EntryIt all starts with price action. After a loss of downside momentum we have made a new high (purple) which indicates some bullish strength. It has also completed a shark pattern at the 1.13 which is great, this shows a new high has been made, but we could be due for the pullback now, before a new high is made. I will be looking for this bearish shark to become a Bullish 5-0 on it's retest of old support (the bottom light blue zone is 5-0 buy zone) Another thing I like to see is if there is VOLUME at the price I'm looking to buy, which there is. We want to buy WITH the smart money, and they have been buying at the spot recently as well. I have also drawn the potential channel we could be in using a method I teach with three drives patterns. The dark blue line is an ABCD projection for where the possible New high could be. It is also a bearish 61.8 and Strong spot where sellers are sitting. My stop will depend on my entry signal, I'm looking for a butterfly or crab to complete in the blue zone, this could make a big difference. But 50 pips will be my maximum! I'm really looking to use a 25 pip stop. I typically go in a scalp these moves and hold them for the long term. I believe we are due for the dip/pullback because we just knocked out our previous swing low on the 1HR, momentum has shift to the downside on the 1HR. Also, keep in mind we have MAJOR MAJOR news for the EU dropping right around the time of this buy idea, which could be the catalyst we need to push price up. We are a long ways away from buy though, we need to see how price structure looks if it comes back down, things can change Enjoy
OANDA:UK100GBP
by elevatedinvestor
FTSE - Forming a right shoulder?Trade Idea Trading has been mixed and volatile. The sequence for trading is lower lows and highs. We have a 50% Fibonacci pullback level of 7374 from 7729 to 7020. Negative overnight flows lead to an expectation of a weaker open this morning. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 7375, resulting in improved risk/reward. Expect trading to remain mixed and volatile. We look to Sell at 7375 Stop: 7425 Target 1: 7235 Target 2: 7170
FX:UK100Short
by Signal_Centre
FTSE updateWave analysis shows that we could be nearing the end of wave A. Very good support of 61.8% at the key 7000 level. Great opportunity for a long there as GBP sells off on the potential of Parliament being suspended in September-October. Boris trying to get the government out of the way so that they can not interfere with his Brexit plans. Also a downtrend line from August 12, respected and confirmed. If it break we could see it going into wave B from there to retest broken level around 7400. Indicators going back close to oversold, adding more probability for a potential bounce. Good Luck!
OANDA:UK100GBP
by Antonio_trader
Howden Joinery - Throw the kitchen sink at it?Technical Howden Joinery looks interesting on a technical basis. The shares shot higher to new highs following a bullish update to the market. We have since seen the share price unwind to some sensible levels as the overall market continues in this condolidaiton phase. The shares have reached a confluence of Fibonacci support levels, which I have highlighted on the chart. We have seen buying interest emerge and a gap higher in price to break out of a consolidation wedge. The overall trend remains bullish and a move to new highs is expected. Fundamentals The UK’s leading manufacturer and supplier of fitted kitchens, appliances and joinery products has been paying dividend yields of around 2.5%. Howden ended the reporting period with net cash of £217.1m, which makes its forward P/E multiples of around 14-15 look attractive. Stop: 505p Target: 600p
LSE:HWDNLong
by Investamate
Ocado - Looking ripe for buying.Technical Ocado has had a dramatic rise in price over the past 18 months. The breakout level at 1163p has been retested and has so far been well supported. The shares have been in a consolidation phase for the past few weeks, but some signs are emerging that could put an end to the sideways price action. A move back to and above the previous highs is expected from here. Fundamentals The company continues to make strides into technology, which offers potential medium-term growth. Numis reiterated thier 'Buy' rating on the 10th May 2019 with a price target of 1700p Ocado has announced a string of deals and recently tied up a joint venture with Marks and Spencer. Stop 1105p Target 1500p
LSE:OCDOLong
by Investamate
UK100, BREXIT,BEARISH WOLFE WAVE #RRR of 1:5 (AUTOLINES TEST4)HI BIG PLAYERS, here I present a new Wolfe Wave in the UK100 chart. This chart represent the 100 biggest share-companies of Great Britain. In any way we listen about the Brexit and the results of this decision is clear to understand for everbody. A big downtrend will build. The Wolfe Wave pattern show a bearish incoming side. In addition, the reason for a bearish Wolfe Wave is the rebounce on Fibonacci line 1.382 Acutally the pattern give a Risk-Return-Ratio of 1:5, but this are a weekly chart and shows a longterm bearishtrade. King regards NXT2017 ============== MY PERSON: I'm the second winner of the official German Forex Trading Conpetition in 2018. Look here to the ranks: deutsche-trading-meisterschaften.de I speak german, english and russian. My strength in trading are Wolfe Wave pattern.
FX:UK100Short
by NXT2017
FTSE 2 hour ideaSimilar to my Dax idea just posted, a lot of world equities are bouncing...remember central banks can still cut rates and do QE/stimulus which means there will be nowhere to go for yield except the stock markets. The party might not just be over yet. Similar description to the FTSE as with the DAX, a prolonged downtrend and basing at a support zone. We had a wedge and broke above the resistance zone and even the previous lower high swing. 7375 zone is a flip zone you should watch and then 7575 above.
OANDA:UK100GBPLong
by Uncharted-FX
UK100/GBP Could aim higherThe UK100/GBP pair has been appreciating in an ascending channel pattern since the beginning of June. The pair reversed north from the lower boundary of the channel pattern at 7088.8 on June 3. The 200-hour simple moving average was providing support for the pair at 7481.0 during the morning hours of today's trading session, while the 50– and 100-hour SMAs were providing resistance at 7539.1. Most likely, The UK 100 index could continue its upward swing during next week's trading sessions. The potential target for bullish traders would be near the weekly R2 at 7640.2. However, the resistance cluster formed by the 50– and 100-hour SMAs might provide resistance for the pair in the nearest future.
OANDA:UK100GBPLong
by UnknownUnicorn890690
UK100 - Remains under pressureOANDA:UK100GBP FX:UK100 UK100 - Intraday - We look to Sell at 7500 (stop at 7525) The previous day's bearish engulfing candle led to further selling yesterday. Previous support level of 7475 broken. The overnight dip has been bought into and there is scope for further bullish pressure going into this morning. The reaction higher is positive, however, we view this as an opportunity to set shorts in line with the overall bearish move lower. Further selling is expected to follow with the hourly Ichimoku cloud and our bespoke resistance (7500) offering incentive. Our profit targets will be 7425 and 7400 Resistance: 7500 / 7525 / 7540 Support: 7460 / 7425 / 7400
OANDA:UK100GBPShort
by Signal_Centre
3