UK100: Short setup. Then long setup. Bouncy marketMarket for UK100 is interesting because there are two setup gonna bounce in london session and before US session
UKX trade ideas
FTSE Close to a major bullish break-out. Be ready.It's been almost 2 months since we last looked into FTSE 100 (UK100) but the index didn't fail to deliver as it hit our 7535 target (see chart below) and got rejected inside the 6-month Resistance Zone:
Despite the inability so far to break above the 7690 - 7750 Resistance Zone, the index did succeed at making the first important bullish break-out above the Lower Highs trend-line of the All Time High (ATH). Breaking above the Resistance Zone would be the second and final bullish signal but the rejection so far has made it test the first Support on the 1D MA200 (orange trend-line), with the 1D MA50 (blue trend-line) right below. In fact the two are close to forming a 1D Golden Cross, with the last registered occurrence being on December 28 2022.
In fact as you can see, the two sequences (current and October - December 2022) are so far quite similar. Once the Resistance Zone broke in January 2023, the rally extended almost as high as the 1.382 Fibonacci extension. As a result, any pull-back after the current Resistance Zone breaks, is technically a buy signal. Our long-term target is 8300 (slightly below the 1.382 Fibonacci level).
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FTSE 100 : Week Commencing 18/12/23. Not a specific direction.On Monday I'm hoping that we stay above 7540. This seems to be quite a strong support area as well as resistance if it does drop below. If we stay above 7540 on market open I'm going to take a Long position with a starting SL at 7520 with TP1 7650 & TP2 7700. I like to trail my stop loss and will change this accordingly as it progresses towards the upside.
Alternatively
If we don't hold 7540 and market goes to the downside. I'll be looking for a break of 7520 and hold below before opening a short position. SL 7540 with TP1 7400 & TP2 7260. Again with a trailing stop loss.
On market open I like to wait until the first 15 min candle closes to find a good opening range and trade accordingly.
Looking at the over all market upon close on Friday, FTSE was pretty red in all areas so despite my long bias, there is a strong potential for a short. I think the 7540/7520 is going to be our pivot points. The market is still trending upwards but very close to breaking the trend at this area.
Long UK 100 Index I'm waiting for pice to retest back into the 7385 level, once there I would begin to add on long positions. We've had a nice rally from the 7286 level, which created a new short term high and for me indicating a market shift. I would look for price to reach towards the highs of 7708 since taking out the lows below the 7300 level. Good luck traders, let me know your thoughts in the comments.
UK100 to continue in the upward move?UK100 - 24h expiry
There is no clear indication that the upward move is coming to an end.
The trend of higher lows is located at 7400.
Risk/Reward would be poor to call a buy from current levels.
A move through 7575 will confirm the bullish momentum.
The measured move target is 7620.
We look to Buy at 7545 (stop at 7505)
Our profit targets will be 7645 and 7665
Resistance: 7575 / 7600 / 7620
Support: 7540 / 7525 / 7510
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
UK100 H1 I Potential bearish reveral?Based on the H4 chart analysis, we can see that the price is rising toward our sell entry at 7581.44, which is an overlap resistance.
Our take profit will be at 7540.44, an overlap support level.
The stop loss will be placed at 7615.14, above a swing-high resistance level.
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UK 100 FTS100 Trade Swing trade IdeaFTSE 100 is showing bullish sign.
It is in an ascending channel upwards.
A crossover above the major down trend resistance line at 7583 might trigger a quick movement to 7675 and 7697 with an ultimate target of 7748.
Support at 7456 and 7403.
Any feedback is most welcome to improve my analysis. Many Thanks.
UK100buy side liquidity was tapped and the market direction became bearish, previous resistance level was respect so im looking forward to the market carrying on in a bearish manner
"Bearish Momentum Unleashed: Shorting UK100 with Precision TargeTrade Signal Outlook:
Trading Instrument: UK100
Trade Type: Short (Sell Limit)
Trade Signal Details:
Entry Price: 7519.9
Stop Loss: 7551.9
Take Profit 1: 7479.7
Take Profit 2: 7464.5
Trade Analysis:
The trade involves going short on UK100 with a Sell Limit order to enter the trade if the price rises to 7519.9.
The stop-loss is set at 7551.9 to limit potential losses.
Two take-profit levels are defined: the first at 7479.7 and the second at 7464.5.
Risk Management:
Adjust position sizes according to your risk tolerance and overall portfolio strategy.
Consider the risk-reward ratio when determining your position size.
Monitoring and Adjustments:
Monitor the trade closely, especially as it approaches the defined take-profit and stop-loss levels.
Be prepared to make adjustments based on evolving market conditions.
Important Note:
Trading involves risks, and it's crucial to conduct your own analysis and consider your risk tolerance before entering any trade. Adjust the spread and other parameters according to the specifics of your trading platform and server values.
FTSE100 - Short SignalFTSE100 D1
Since breaking south of 7720 during the start of May 2023, we have held this range between 7720 and 72250 support since.
Sell zone is between 7700 and 7720, a 20 pip zone. With take profit targets, or our buy zone sitting around 7260 to 7280.
UK100 to find buyers on dips?UK100GB - 24h expiry
A lower correction is expected.
There is no clear indication that the upward move is coming to an end.
Risk/Reward would be poor to call a buy from current levels.
A move through 7525 will confirm the bullish momentum.
The measured move target is 7575.
We look to Buy at 7500 (stop at 7460)
Our profit targets will be 7600 and 7620
Resistance: 7525 / 7560 / 7575
Support: 7500 / 7475 / 7450
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
UK100GBP ShortNow that this index has retested the resistance zone, I am anticipating that this price will have a bearish momentum.
My entry point is 7480, SL at 7540 and TP at 7240. My R:R for this trade is 1:4
Remember, risk 1-2 % of your account.
UK100GBP ShortThe index is at a major resistance zone, which has been retested several times, making it weak. Now, the big question is, will it break the zone and complete the rising flag?
Let us wait and see...
Market Analysis: UK100 Shows Bullish SignsOn the morning of Friday, December 1, the UK stock market index rose to its November highs. This was facilitated by the fundamental background:
→ among the UK100 growth leaders are shares of companies mining ore and other resources. As metal prices rise and industry in China shows signs of recovery;
→ general sentiment on the world's stock markets due to the fact that the policy of raising rates pursued by the central banks of Western countries has come to an end. Fed Chairman Powell is expected to speak this evening, which could provide more evidence of this.
→ Since the UK100 index has performed weaker relative to other indices (due to higher inflation in the UK), it may be undervalued.
The UK100 Index chart shows signs of bullish activity:
→ on the last day of November, the price tested the psychological level of 7400, forming a long lower shadow (a sign of demand strength);
→ the price continues to develop dynamics within the November ascending channel (shown in blue). It is possible that in December we will see the price rise to its upper limit.
→ a breakdown of the black line, dating back to September, may confirm important changes in market sentiment.
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UK100GB ShortThis index is forming a rising flag, which might be an indication of a potential bearish momentum.
Also, according to the clients' sentiment, the majority of traders are buying the index - 72%, and I anticipate that the price might move in their favor.
My entry point is 7400, my stop loss at 7480, and my TP at 7230, as my R: R for this trade is 1:2.
Note, risk only 1% of your account.
Trade Analysis and Setup: FTSE 100 (UK100) Long Position📈 **Trade Analysis and Setup 📊**
#FTSE100 #TradingEducation #TechnicalAnalysis
Hey Traders! 👋 Let's dive into a potential trade setup on the UK100 (FTSE 100) 🇬🇧. Remember, this is not financial advice, just educational content. 🚀
**Trade Setup:**
📉 **Long Position**
- **Buy Stop:** Adjust the spread according to your server values.
- **Entry:** 7466.2
- **Stop Loss:** 7442.7
- **Take Profit 1:** 7480.3
- **Take Profit 1:** 7490
**Key Points:**
🔍 The trade is based on the hourly chart, and we've identified a major resistance zone at the entry point. This is a crucial area where price has historically struggled to break through.
**Why Long?**
📊 The decision to go long is rooted in the belief that the price will bounce off this resistance zone, indicating potential upward momentum.
**Risk Management:**
💼 It's important to manage risk! The stop loss is set at 7442.7, protecting the trade from significant losses in case the market doesn't behave as expected.
**Emotional Discipline:**
🧘♂️ Trading can be emotional, but sticking to the plan is crucial. Embrace both wins and losses as part of the learning process.
**Educational Tip:**
📚 Understanding support and resistance zones is a key aspect of technical analysis. These levels can act as crucial turning points for the price.
**Disclaimer:**
🚫 This is not financial advice. Always do your own research and consider consulting with a financial advisor.
**Trade Wisely! 🌐**
#TradingTips #RiskManagement #FinancialFreedom
Remember, always do your own analysis and be aware of the risks involved in trading. Happy trading! 🚀
"FTSE 100 Rally: Riding the Bullish Wave with Precise Entry and Trading Instrument: UK100/FTSE 100
Trade Type: Long (Buy Stop)
Trade Signal Details:
Buy Stop Entry: Adjust spread according to server values
Entry Price: 7466.2
Stop Loss: 7442.7
Take Profit 1: 7480.3
Take Profit 2: 7489.0
Trade Analysis:
The trade involves going long on UK100/FTSE 100 with a Buy Stop order to enter the trade if the price rises to 7466.2.
The stop-loss is set at 7442.7 to limit potential losses.
Two take-profit levels are defined: the first at 7480.3 and the second at 7489.0.
Risk Management:
Adjust position sizes according to your risk tolerance and overall portfolio strategy.
Consider the risk-reward ratio when determining your position size.
Monitoring and Adjustments:
Monitor the trade closely, especially as it approaches the defined take-profit and stop-loss levels.
Be prepared to make adjustments based on evolving market conditions.
Important Note:
Trading involves risks, and it's crucial to conduct your own analysis and consider your risk tolerance before entering any trade. Adjust the spread and other parameters according to the specifics of your trading platform and server values.
Navigating the Markets: Shorting FTSE 100 on LL Break with PreciTrade Signal Outlook:
Trading Instrument: UK100/FTSE 100
Trade Type: Short (Sell Stop)
Trade Signal Details:
Sell Stop Entry: Adjust spread according to server values
Entry Price: 7475.0
Stop Loss: 7497.2
Take Profit: 7452.5
Trade Strategy and Technical Analysis:
The trade strategy is based on a simple support and resistance play on the UK100/FTSE 100.
A Sell Stop order is set to trigger upon the break of a lower low (LL) on lower time frames, in conjunction with local support on the 1-hour and 4-hour time frames.
Trade Management:
Entry: The sell stop order is activated when the price breaks the lower low, triggering the entry at 7475.0.
Stop Loss: Place a stop-loss order at 7497.2 to limit potential losses.
Take Profit: Set the take-profit level at 7452.5 to capture profits.
Risk Management:
Ensure that your risk aligns with your overall risk tolerance.
Adjust position size according to your risk management strategy.
Consider the spread and slippage in real market conditions when adjusting your stop-loss and take-profit levels.
Monitoring and Adjustments:
Monitor the trade closely and be ready to make adjustments if market conditions change.
Stay informed about any market news or events that could impact the UK100/FTSE 100.
Please note that trading involves risks, and it's crucial to conduct your own analysis and consider your individual risk tolerance before entering any trade. Adjust the spread and other parameters according to the specifics of your trading platform and server values.
Index Analysis: FTSE 100With U.S. traders tucking into their Thanksgiving turkey, we’re going to shine a spotlight on UK stocks. We will run through the key levels to watch on the FTSE 100 and take a look at sector strength and weakness.
FTSE funnelled between VWAP’s
When analysing the FTSE’s price chart, the first and most important observation to make is its range-bound market structure. Clearly defined support and resistance zones have confined the FTSE's movement since summer.
Given the FTSE’s range bound structure, the very best trading opportunities will lie at the extremes of the range.
Recent price action has seen the FTSE climb higher from the bottom of the range, retesting the base of a wedge consolidation pattern that broke during October's sell-off.
With the FTSE now sat mid-range we can see that prices are effectively being funnelled between the Volume Weighted Average Price (VWAP) anchored to the September highs (representing the average position of FTSE bears), and the VWAP anchored to the October lows (reflecting the FTSE bulls’ average position). A resolution of this market squeeze should see a retest of the range extremes.
For detailed insights on trading in range-bound markets, check out Strategy Smarts: Playing the Range linked at the bottom of this page.
FTSE 100 Daily Candle Chart
Past performance is not a reliable indicator of future results
Sector Snapshot
At the sector level, we can see that the UK market is split between Tech strength and Energy weakness.
Given the FTSE’s weighting towards Energy and Materials, it goes some way to explain the underperformance of UK stocks relative to their U.S. and European counterparts.
Another key point of note is the strength in Utilities, a traditionally ‘risk off’ sector. This strength indicates the current lack of confidence in the market.
UK Sector Snapshot (7 Days)
Past performance is not a reliable indicator of future results
Disclaimer: This is for information and learning purposes only. The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
"FTSE 100 Rally Alert! 🚀 Unveiling the Bullish Symphony: LongUK100/FTSE 100
Position: Long
Order Type: Buy Limit
Entry: 7458.2
Stop Loss: 7437.9
Take Profit: 7478.8
Technical Analysis:
UK100/FTSE 100 presents a compelling opportunity for a Long position, supported by the following technical aspects:
Confluence Area: The proposed entry is situated in a confluence area, combining a 4-hour Support Zone and a Bullish Trendline.
Bullish Pennant Formation: The chart is depicting the formation of a bullish pennant, indicating potential continuation of the upward trend.
Trade Rationale:
The confluence of the 4-hour Support Zone and the Bullish Trendline enhances the significance of the suggested entry point. The presence of a Bullish Pennant pattern further strengthens the bullish outlook.
Risk Management:
Stop Loss: Placed at 7437.9 to mitigate potential losses.
Take Profit: Set at 7478.8 to secure gains within the anticipated bullish movement.
Caution:
Always practice sound risk management and stay informed about market developments. Monitor the price action closely, especially around the confluence area, to confirm the validity of the setup.
This outlook is based on technical analysis and market conditions, and it's crucial to adapt the strategy according to real-time changes. Happy Trading!
Note: This is not financial advice. Please conduct thorough research and consider your risk tolerance before making any trading decisions.
Swing It1. Swing trade looks better than the daily.
2. Daily previous low has been broken.
3. Price currently sits between the weekly previous high and low.
4. History shows price touched the previous weekly low and touched the previous weekly high. History price repeats itself.
5. I will look to go short on the 4 hr down to the previous weekly low because there is price history there.
6. Entry just below the price equilibrium, place stop at bottom of the FVG.
7. take profit just above the previous weekly low for a 1:4 risk vs reward.
8. enter one full lot.
Note: I see price made higher lows but seemed to make equal highs, maybe a reversal to downside is favorable.
Also price was under sold making a fair value gap. This gap seems to be a strong imbalance. FVG seems to add resistance preventing price from moving higher.
FTSE to continue in the upward move?UK100 - 24h expiry
The correction lower is assessed as being complete.
The rally was sold into but, the dip lower has stalled.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 7500 will confirm the bullish momentum.
We look to Buy at 7475 (stop at 7440)
Our profit targets will be 7575 and 7600
Resistance: 7550 / 7575 / 7600
Support: 7475 / 7450 / 7425
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
