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Uk100short

UK100 Intraday Setup.UK100 - Intraday - We look to Sell at 5944 (stop at 5979) Prices spiked higher and stalled at resistance in early trade. Further selling pressure led to a reversal in price action. We are trading at overbought extremes. This is negative for sentiment and the downtrend has potential to return. We have a 61.8% Fibonacci pullback level of 5944 from 6042 to 5785. Further downside is expected although we prefer to sell into rallies close to the 5944 level. Our profit targets will be 5845 and 5770 Resistance: 6106 / 6325 / 6515 Support: 5770 / 5650 / 5445
OANDA:UK100GBPShort
by Signal_Centre1
ridethepig | Positional Play in UK Equities 📌 UK Equities remain vulnerable with Brexit & Covid in play. (Similar representation for those tracking the moves in S&P, NQ, DJIA and etc...) (1) Firstly challenge the view that Rishi's stimulus produces an immediate effect and anything more than a spring mattress; the furlough scheme is incredibly expensive and weighing heavy despite being totally justified. (2) Recognise the idea that we are in a dead-cat-bounce in Equities broadly and that the UK is particularly exposed to these corrections which is key in positional swings! With this said, I struggle to find positives in the UK and in doing so prevents exposure on the bid. In order to bring interest in UK Equities I would need to see the current lows swept and in the event of a no-deal Brexit then we can see as low as 3579.x. (3) Keep to the strategy - avoid getting soft hands and closing out too early (out of fear of missing the rally) and try rather to operate with a sense of calm and tranquility. (4) Aim for total destruction of UK assets in the coming year, sadly the individual mobility of almost every sector will be affected from the political suicide. (5) Get used to observing the complacency and "sell on rallies"; do not let an emotional retail approach be decisive. (6) Remember what is important for Positional swings ... we are not attacking, or even defending, but remaining nimble with the capital outflows, rather like meandering water. Thanks as usual for keeping the feedback coming 👍 or 👎
OANDA:UK100GBPShort
by ridethepig
3
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.
UShort
by PULEMokhothu
2
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.
TVC:UKXShort
by C_Dream
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. :)
TVC:UKX
by Shahbazalyan
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?
OANDA:UK100GBPShort
by ForexTrendline
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.
OANDA:UK100GBPShort
by PortfolioBuildersClub
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
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. :-)
OANDA:UK100GBPShort
by Trading2ez