UK 100am willing to take this trade , i know its risky any the stock market in general will tend to go bullish this week at least
but i have the feeling that this index will fall .
so keep an on it - but dont trade it .
my setup dont complete on this trade and it miss many combination .
Uk100short
UK100 6208.7 -0.58 % UPDATE ON THE INDEX * CONTINUATION PATTERNSGood Day Everyone
A look at the UK 100 - FTSE currently on a strong bearish move on higher time-frames looking for a continuation of this move with the bears on the index, the index is currently at support level 6211.6 looking for a break below to trigger the trade and significant moves to the downside to confirm a move with the bears. a break and retest of this level will confirm the move among other things. lets see how it goes....
Good luck and happy trading everyone
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - DAY TRADE
__________________________________________________________________________________________________________________________
If you like the idea kindly leave a like and a follow will definitely follow back and leave your idea & Comment on the pair in the comment section.
Potential Short Position - UKX (UK100) Good morning, from my previous analysis on UKX, I'm confident that the next move will be a retracement on the Fibonnacci. As labeled on the diagram, the price exceeded the resistance that was in place at 0% and continued to reach 27% (currently), due to buying pressure exhausting the price causing it spike which will, hopefully, result in price falling to 6237.6 (minimum). Once it has fallen to that price, the bearish chart should continue to steadily hit price 6169 (38.2%). However, if this turns out to be not the case, the chart will continue bullish until a new support has been formed.
UK100 will go up once again, View descriptionUK100 has reached a low RSI of 30 therefore the market holders would need to push the market back above the 30 rsi area so seems like a good short term buy may be even good long term buy just need to see the movements a little more before making an assumption, looks like it may reach point of consolidation near 6698.2.
Please leave me a like if you agree and if you don't leave a reply with your view,
Good luck to everybody hopefully a productive trading week starting tomorrow at 5pm EST.
:)
UK100: Could the slide bellow 7,190 extend?FTSE100 (UK100) index is also an interesting one to watch this week. The index was bounded in a range above 7,000 handle since August. Note that FTSE has been in a loose inverse relation with the pound since the Brexit referendum.
So, in case of a clear Conservative win this Thursday, a strong rally in both the pound and FTSE would be a strong sign of return in investor confidence. Take in mind that the UK elections are held when markets are open, and a new government may be formed on Friday, so volatility could be significant throughout the night and also during all day at Friday.
UK100 index were steady on Monday after posting the biggest weekly loss in 9 weeks last week. A firmer pound prevented more extreme gains as the latest poll showed the Conservatives increasing its lead over Labour by two-digits percentage points.
The UK100 index is trading below the 50-day and 200-day SMAs on 4-hour chart. The RSI indicator is sloping down on both H4 and D time frames. This morning FTSE broke the first support at 7,200. We opened Short position at 7,190 with Stop Loss above 7,250 and Take Profit around 7,130. There is located the lower line of Bollinger Bands on 4-hour chart and since October this level is acting as key support.
On opposite side, the first resistance is the top in the last 3 days at 7,256, followed by H4 50 SMA, middle line of BBs and 200 SMA (on both H4 and daily charts is around 7,320).
Do you trade this index and how?
UK100 - If you like big money moves UK100 delivers?When UK100 moves, it moves Big - Big Losses - Big Wins. Is your psychology right for this pair? Well it time to 'mine for diamonds' (Fib ABCD patterns). We hit a deposit. So let's fill our buckets and get out of here!! Let's see what pattern forms at this area of interest 'C'. Then, we will see if it tunnels over to 'D'. Remember - You only need a small chunk out of UK100, don't stay in too long til it starts to bite back.
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!
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
UK100: Daytrade-Opportunity#SELL the DTHey tradomaniacs,
welcome to another free signal of WEEK 36 Nr. 5
How to trade: 1. Wait for a break below the Neckline
2. Wait for the retest of the neckline and sell when you see rejection
-----------------------------
Type: Daytrade
Sell here: 7269
Stop-Loss: 7288
Target 1: 7235,4
Target 2: 7218,5
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
UK100: Day-Swingtrade-Opportunity#SELLHey tradomaniacs,
welcome to another free signal!
Important: Wait for the Breakout and sell the retest!
-----------------------------
Type: Day-Swingtrade
Sell-Limit: 7281,8
Stop-Loss: 7328,5
Target 1: 7208,2
Target 2: 7164,0
Target 3: 1,31377
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
UK100: Day-Swingtrade-Opportunity!#SellChanceHey tradomaniacs,
welcome to another free signal!
-----------------------------
Type: Day-Swingtrade
Sell-Limit: 7426,7
Stop-Loss: 7453
Target 1: 7364,8
Target 2: 7326,1
Point of Risk-Reduction: 7396,5
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
FTSE100 - Indices Trading | Elliott Wave Structures | Q2 2019*Please support this idea with a LIKE if it helps you. Thanks!
More details about me in my signature.
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.