UK100 CFD
Short UK100Short based on
1) Head and Shoulders formed.
2) Current tumble in other indices that will drag FTSE with it
3) a correction in recent drop of GBP may occur, there is an inverse relation (relatively) between the index and GBP, which will drag the FTSE down.
FTSE100 - Indices Trading | Elliott Wave Structures | Q2 2019*Please support this idea with a LIKE if it helps you. Thanks!
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FTSE100 - Elliott Wave Outlook
Bearish Swings - Patterns:
Flat Structure in Cycle Wave IV (green)
Primary A (turquoise) - Simple Correction
Primary B (turquoise) - Complex Flat
Primary C (turquoise) - Bearish Extension
Bullish Swings - Patterns:
Leading Diagonal in Intermediate (A) (blue)
Next expected swing:
Bearish sequence in Intermediate (B) (blue)
Structure change:
Breach of the lower trend-line could lead towards Intermediate (B) (blue) already in play.
UK 100 to SELLMarket has been on a downtrend following a break in channel, as observed in the trend line.
Retest to the upside has occurred.
Market dropped below trend indicator before and after retest.
Expecting further drop from here as we are in a downtrend.
Scalp/day/swing trade market to the downside.
Pick your entry point wisely.
DISCLAIMER;
Trading carries risks, ideas are for guideline purposes only.
Do set stop losses when trading & be generous with how much room allowed for candle wicks.
There is also the possibility to hedge yourself, for more confident traders.
All comments and questions welcome, if curious about indicators I use then feel free to inquire.
FTSE100 - SHORT TERM SHORT - MEASURED MOVEThe FTSE100 appears as though it is forming a simple bearish flag formation. I would be a little cautious on looking at this as a Head and Shoulders formation, however it does look like we could be forming that as well. (leave a comment below letting me know what you think)
The move to the downside would be a measured move from the first leg down which was approx. 38 points.
*RISK DISCLAIMER*
None of the information on this post constitutes any form of investment advice. All of the opinions expressed are solely personal and are not a recommendation to trade any form of asset whatsoever. Online trading is extremely speculative as well as risky and you should therefore seek advice from a certified professional. Past performance is not indicative of future results.
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FTSE UK100 - Short - new position (see related)Hi all
After shorting it on the initial down move, after the retrace, it has hit support and made an engulfing bearish candle on the 4 hour.
I now do expect it to head lower again, in turn gold to go higher and Yen pairs to go lower.
It is cycling lower nicely and an I think indices could be in trouble over the net few week.
Thanks for looking.
Duncanforex.com coming soon
UK100 Trading Idea Recently, a head and shoulders pattern took place. As it is one of the powerful reversal pattern, what I believe is that a down trend has just begun.
FTSE 100: Approaching a short term support. Potential bounce.FTSE 100 is close to complete the -5.30% decline after being rejected on the Lower High of the 1W Channel Down (RSI = 49.506, Highs/Lows = 0.0000). The Golden Cross (MA50 over MA200) on 1D was the signal both on the Lower High and the one on the late May 2018 All Time High. 1D is fully bearish (RSI = 33.998, MACD = -8.850, Highs/Lows = -159.7305) even oversold on the stochastic trade action, meaning that a relief rally should follow. With MA200 supporting we are targeting 7,400.
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THE TARIFF MAN COMETH
He'll huff and he'll puff and he'll .....Well that's about it .
At the moment they are tallying up the newly acquired shorts on the markets to add to the get rich quick black Monday desperados .By Friday they should have enough shorts to have a great shindig in the Hamptons at the weekend .As soon as it's official and they know they made a killing The Donald will shake hands with a Chinaman and Fri/Mon the markets will fly hitting the doom brigade where it hurts as the bull run commences.
AUD/USD will go on one of those unjustified annoying bull runs full of bluster and hype as it grasps onto the China proxy as that's all it's got beneath it's wings ....Of course it will come banging back down but buy hype and sell fact .
FTSE100 - Market Crash Cycles | Indices | Macro Trends*Please support this idea with a LIKE if it helps you. Thanks!
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FTSE100 has been labeled within a Grand Super-Cycle degree wave IV (blue), which has been unfolding ever since the Dot-Com bubble.
Structure - Expanding Flat Formation
2000 peaks and down until 2003 bottoms - Super-Cycle wave (a) (red)
2003 bottoms up until 2007 tops - Cycle wave a (black)
2007 tops and down until 2009 lows - Cycle wave b (black)
2009 lows and up until present times - Cycle wave C (black)
Cycle C (black)
Pattern - Ending Diagonal
Sequence - 5-Wave Sequence, with Primary Waves 1 2 3 4 5 (green) decomposed as Intermediate (A)(B)(C) (blue)
Current Position
Primary Wave 5 (green)
Next expected swing
Bearish sequence in Intermediate (B) (blue)
Market Crash Forecast
Support granted at or around the 7000.00 mark and then a bull run towards the 9000.00 levels, where the Super-Cycle Wave (b) (red) is expected to complete.Super-Cycle Wave (c) (red) would reflect the next Larger Degree Recession.
Structure change
Breach of the lower trend-line of the Ascending Channel could reflect the fact that the Market Crash already started.
MAJOR SWING SELL !!!WITH THE REJECTION OF THE TREND LINE AT THE 3ERD TOUCH ON THE DAILY TIMEFRAME , A ZOOM LOOK AT THE 1h CHART TO GET THE BETTER ENTRY AND THERE IT IS, PERFCTLY REJECTED.... STARTING TO MELT THE WAY DOWN, THIS IS GONNA BE HUGE !!!
2019 TREND FTSE 100 UK X BULLISH TO 7700 AT LEASTMy forecast using the 2019 trend for FTSE 100 UKX BULLISH TO 7700
Uk100 buy trendi think this is buy trend ..
1: doji form here in correction level
2: uk100 is up trend becz previous level is high
Best open buy here :7435
Goal : 7521
thanks
Reg Art
ABCD pattern on UK100Completed ABCD pattern on UK100 with weak resistances above and divergence on Fisher. Worth a shot. Sell between 7520 and 7645. Long term trading opportunity.
UK100 - ShortHaven't posed for a while but still trading.
Looking to short at 7410
Stop at 7490
TP at 7310
2% risk.
UK100: Daytrade-Setup! NICE Chance!Hey tradomaniacs,
welcome to another free signal!
Important: Wait for the retracement down to entry!
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Type: Daytrade
Sell-Limit: 7446
Stop-Loss: 7460
Target 1: 7426
Target 2: 7418
Targt 3: 7401
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Peace and good trades
Irasor
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A potential double top UK100 is currently forming a potential double top pattern and RSI is diverging. Yet, I'd suggest executing the trade if a breakout takes place.
FTSE 100 Long Term Long, Dividend Yield > Financing The FTSE 100 is in a "bullish price channel" as it has a positive slope with the upper trend line marking resistance and lower trend line marking support.
We are long the FTSE 100 and the dividend yield for 2019 should be close to 5% which provides positive income for holding the position even through a leveraged product that incurs financing charges (ie: a CFD or spreadbet).
The financing for a leveraged FTSE 100 position is calculated as (Benchmark+spread)*daycount*market value Eg: (0.8185%+2.5%)*(1/365)*7450= 68p per day financing charge on a position of notional value GBP 7,450. This is using the benchmark rate at of GBP 3 month libor of 0.81850% as at the 05.04.19 and a spread of 2.5%.
Therefore holding the position could currently yield around 1.7% (5% dividend yield – 3.3% benchmark + spread). This is evidently not much but useful in building a long term long position and it is important to understand how financing is calculated as well as how it can impact returns.
Additionally, a further potential drop in GBPUSD due to the uncertainty surrounding Brexit could see further upside for the index. This is because such a large proportion of profits for FTSE 100 companies is made in dollars. If sterling weakens then dollar revenues, once converted back into sterling, are worth more.
