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UK100 CFD

UK100: FTSE100: Short and longer term Forecasts for 2108 FTSE 100 Index UK100 Short and Longer term Forecast for 2018 Fantastic straight-line break-out finally achieved by FTSE 100. Bull markets climb walls of fear. That wall is Brexit. FTSE keeps climbing and pays the nay-sayers no heed. They are the most slow-witted fools remaining. But never forget, the market needs mugs. The 80% losers pay for the 20% winners' dinners, most days. That's just the way the numbers fall. The breakout has been one long green candle - but it's only got a little more upside to 7818 and/or to test the upper parallel that contains the rally come Tuesday opening. Look to close out longs into the final move upwards - and if the high at 7704 is not broken above early on - or price flips back to the lower parallel at arounnd 7634 and then goes on to double top at 7704, then again, look to close at least half long positions if you see price stick at 7704 or just under on this kind of price action. FTSE should then fall back to 7635 at least, and ideally back to the the big break-out levels at 7597-7580 at absolute lowest before it rallies hard once more, likely by this stage to move up through 7703 and 7818 to the next important resistance potential at 8348 over the more medium term (first 6 to 8 weeks of new year, roughly) Longer term views on both FTSE and SandP remain unchanged: Both indexes continue to climb their own different walls of fear (Brexit and Trump). Both love the outcomes. Paradigm shifts. Complete game-changers, both events. After 14 to 16 years of sideways to down markets we have begun the greatest secular bull run that many younger investors will have ever experienced. Both markets are expected to rise at least 4 times and potentially 6 times from start 2016 prices over the coming 14 years or so. Stay long if a long time holder and pay this forecast no heed whatsoever. This is for day traders or for those wishing to get long here ready for an excellent 2018 in store - for this market in particular. Super Long Term SandP secular analysis:
FX:UK100Long
by sumastardon
UK100 FTSE Bullish Cypher PatternBULLISH CYPHER PATTERN Took a break from the long term analysis. Now looking at opportunities for the coming few weeks. The first one I'm looking at here is a bullish Cypher pattern which has already complete and we are well on our way to hit the first target of this type of pattern which is the 38.2% retracement at 7399 then the second target which is at 7472. I'm sure some traders are already in this trade. I'm not (smh) but depending on what happens when markets open, I may just get in to this and get whatever pips I can. Surfing and fishing at the same time right? What do you think of this? critic, refute, agree! Mentors not Trolls!
FX:UK100Long
by Mirii
1
THE IMPORTANCE OF VOLUME ANALYSIS: Part IIThe wave is currently finalized and is working as planned: I ended the previous post pointing at the lack of the volume required to confirm trend reversal at supposed point 5. And in fact, for quite a while the price kept slowly drifting up and down without substantial moves in any direction. This situation lasted until bearish volume spike on 07/11 that initiated real trend reversal. It is also necessary to point out that though that spike was only medium in nature, but the change in its volume compared to previous data was sudden and drastic. Later the volume changes were driving the price accordingly up and down, but most importantly the local bearish trend was established and continued successfully. Currently, the price is close to the crossing of the line 2-4 at which volume dynamics should be carefully monitored as this may provide a good tip if this is really the end of the analyzed downtrend. If you have any questions, feel free to ask in comments or PM me.
OANDA:UK100GBPEducation
by OceanBlue
The Global Stock Market (excluding US) is OverboughtThe Global Stock Market's (excluding US) Monthly RSI is Entering Overbought Territory. While not as extreme as VT, I would be careful about going long here in developed markets or emerging markets. For a while longer, I expect it will outperform the US but I think it will for in upcoming months. The ECB is planning (that may change if stocks or especially bonds fall) cutting back on its quantitative easing as is China. This drop in stimulus and liquidity will likely cause a downturn in European and Chinese markets. EDZ (3x bear) and EDC (3x bull) are leveraged emerging markets etfs. DPK (3x bear) and DZK (3x bull) are leveraged developed markets etfs.
AMEX:VEU
by haug01
1
FTSE100 Range Trading Set UpBuy the break a 7596 or sell a failed re-test. The ranges are highlighted. Stock markets make little sense these days so I'm long as the buyers keep on calling the shots. - My Trading Rules - How I identify trades, define my edge and manage the commercials: First I define my 'edge' which simply means a set of circumstances that indicate one eventuality is greater than another. My Edge: (How I decide on if I should enter) 1) Is defined as trading in the direction of the overriding daily trend (Bullish, Bearish or Neutral) 2) In a trending marketing I look for entries at corrective price structure 3) In a neutral market I trade the upper and lower most extremes of the support and resistance levels 4) In the case of a breakout I seek an entry in the direction of the break Next I follow 4 rules for undertaking analysis: (How I spot opportunities) 1) Analysis must clearly define a 'bias' and the parameters for invalidating 'bias' 2) Analysis must clearly provide a trade set-up with entry, take profit and stop loss 3) Analysis must debunk a trade in the opposite direction 4) Analysis must factor in sentiment and fundamental factors So now I know my edge and how to spot opportunities the next is how to manage trades: (How I decide on the commercials of a trade) 1) Take profit should be set at a key fibonacci and/or price structure level 2) Stop loss should be no more than 3% per trade (sum of total positions) 3) Entry should feature 2 or more positions 4) Entry at market is forbidden to mitigate impulse trading (I only trade via orders)
FX:UK100Long
by Elliot_Myers