EU50 trade ideas
NOK replaced in Euro stoxx 50 indexI think the Euro stoxx 50 index has a better situation than other indexes. NOK needed this to lift-off.
Microchip maker Infineon Technologies is going to replace telecom equipment maker Nokia (NOKIA.HE) in the Euro Stoxx 50 , Stoxx said late Monday. The move is effective March 22 . Stoxx didn't provide an explanation, but microchip makers have been buoyed by strong demand and a shortage of supplies. In early trade, Nokia slipped 1.3% while Infineon slipped 0.4%.
EUSTOXX50, sellHow to use TP!
When the order price breaks down Tp1,
you wait for Tp2 and SL moves to Tp1,
so as to secure earnings.
So with Tp2 to Tp3.
When we publish the closing of a position, you close it.
When the order comes to SL, always
consult with us, do not close the order.
Follow your open positions!
Euro Stoxx 50 - A break of 3625 is my short signalOn a break of critical support at 3625, SX5E will at least fill the gap in the 3535 area. It's also the target of the ominous H&S that's been formed. A negative open tomorrow will increase the odds of this break significantly. Be ready to pull the trigger on this one.
SX5E - On track to the topAs we said in the previous analysis of this index last week, the price moved upwards and we think it will reach the important resistance area marked on the chart. However, there could be corrective moves that could reach the blue trendline formed by connecting the lows of December 18th and January 28th.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Eurostoxx Showing 5 Waves From March Lows Favoring More StrengthThe Cycle from March 2020 low in Eurostoxx shows an incomplete sequence favoring more strength in the index as far as it remains above 3476.57 low seen on 1/28/2021. In the chart below, we can see that wave (4) unfolded as a double three structure where wave W ended at 3540.25 low. Wave X bounce ended at 3607.42 high and wave Y ended at 3476.57 low. After reaching the 3489.97- 3462.15 100%-123.6% Fibonacci extension area of W-X and saw a strong reaction higher.
Above from there, the rally higher took place as an impulse structure where wave ((i)) ended at 3567.06 high. Wave ((ii)) ended at 3481.44 low, wave ((iii)) ended at 3632.67 high. While wave ((iv)) ended at 3599.36 low. Wave ((v)) ended at 3681.82 high & thus completed wave 1. Below from there, the index is doing a wave 2 pullback to correct the short term cycle from 1/28/2021 low. The internals of that pullback is unfolding as an Elliott wave double three structure where wave ((w)) ended yesterday at 3628.47 low. And as far as it remains below the 3681.82 high then wave ((x)) bounce is expected to fail for another leg lower in wave ((y)). To complete the 7 swings structure before resuming higher again.
SX5E – Going to the topEuro Stoxx 50 is a leading blue-chip index for the Eurozone, providing a representation of the leaders in the region. The index covers 50 stocks from 8 European countries.
Technically, following the coronavirus crash in February-March 2020, the price has formed an uptrend that we think will reach the resistance area of 3840-3880. If the price corrects deeper before going to the top, the targets for continuation are the 3400 rectangular area and the blue trendline that connects the low of March 2020 with the retracement of October 2020.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
EU50Red alert for short traders : i can see strong bull on the to shoot above 3800
Looks bullish only
Buy at any CMP or dips target mentioned level
EUR STOXX 50 H&S I'm shorting here after clear break, retest of the H&S neckline.
Stop would be a few points up the neckline and profit is showing in price range bars.
Indicies have wind back in their sailFED talks of their ongoing support and QE, have rekindled some bullish sentiment.
For me, going into tomorrow, we should have a few things on offer.
I'm not buying too much though. Just some of the most opportunistic trending stocks. Keeping exposure down, cos it's just too rocky.
Fingures crossed we get a nice powerful push up to help our long positions finish the month strongly.
Eurstoxx lowerThe rising wedge off a strong rally Eurostoxx50 shows us that the momentum on the higher is declining and inability to push to higher highs as easily.
Market closed below support signalling to further bearishness in the market.
This is a good entry however a pullback is also likely
EURO50 STOXX50 SHORTGreen lines take profit 1 and 2, when hit take partial profits and move to break even
Euro STOXX ritorna a puntare quota 4000Ho aperto Long. Poche storie, vaccinazioni e stimoli monetari porteranno l'indice a quota 4000 e oltre.
Do you see what I see?I think there might be a pull back for the cyclicals in europe. Some kind of negative news I predict will unsettle this sector of the market. This is a heavy resistance level and has reason for a pull-back
EURO STOXX 50 #RRR 1:4 Short Setup LL and LHHI BIG PLAYERS,
on EURO STOXX 50 I found a nice LL and LH signal for shortsetup.
In 1 h chart the last low breakdown the previous low and in the 15 min chart it seems also like a lower low and a lower high.
The RRR (Risk-Return-Ratio) would be 1:4.
Kind regards
NXT2017
EuroStoxx: divergence with RSI but...Hi Guys,
the divergence with RSI does not mean EuroStoxx will drop. It only shows that despite sentiment declining, index value keep going up.
Where are the opportunities?
Please share your views and comments below.
Thank you for your support and for sharing your ideas.
Cozzamara
Disclaimer:
Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. Cozzamara is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
IMHO: The point of trading is to make money. To make money you must have money. Depending on the money at your disposal, you can decide what to do and how to do it. By having stops you decide how much you are willing to lose. By having targets you decide how much you want to earn. Be disciplined with your protocol and with your strategies for trading. Sometime you win, sometime you lose. Don't be greedy. Be realistic. Be wary but not afraid. Be curious. Use your brain. As long as your working process make sense and your spirit is calm, everything will be fine. Be patient and be prepared for any circumstances.
Trading The STOXX600 & GER30 Vs Manufacturing PMI DataIn this video, we take a look at how Manufacturing PMI data in Europe and Germany is used by the investment community to know when to buy or sell stocks with the European region.
This economic indicator is a powerful tool we can use to a clear idea as to the expected performance of the German 30 index and STOXX600 Index.
Manufacturing PMI data is available on investing.com on the first week of each month.
