CAC40 trade ideas
CAC40 Post French ElectionsCAC 40 went to its highest high since almost 2 years. Could that be potentially the top???
CAC 40 (1D) Bearish Bat or Weekly Bat?If the bulls break the 5100.0 zone then I'll re position to the weekly higher bear zone. I just want to sell when the price is high. Vive Le France
FRA40 just complete harmonic Bat patternFRA40 just complete harmonic Bat pattern.
Pay attention to 5000.
If price can not get support,you can keep to 4400
France 40Possibility to SHORT if breakdown of the trend line.
Possibility to LONG if no break down of the support line.
Possibility to go SHORT if reaches the resistance line.
I am a new trader, any thought on the current situation? :)
The French Election Is Going To Trigger The Next Major MoveThe upcomming french election is goint to trigger the next major move at least for all European Stockmarkets.
Technical Analysis can not predict in wich direction this move will go.
Yesterdays Charts can´t what will happen on Monday April 24th 2017 or on Monday 05/08/ 2017. The result of the France Election will be to powerfull and is going to trigger the next major move for global stockmarkets. Whoever is able to predict the result of the France Election will beat the markets.
LONG CAC40 gartley Nice Gartley setup on the CAC index. Reason for entry RSI oversold aswell we have some structure. I will wait for higher high close confirmation. Have in mind that on Weekly and Daily TF we have been oversold on RSI so there could be move downward. But as a whole i believe we will test previous highest highs soon and we are in a bullish trend
EUROPE - CAC40... BULL BULL...
Hello everybody,
Probably a bullish movement for CAC40.
Target about 5122.
Trade witn care of course
Bye
Is CAC40 Running to Final?Elliott Wave Princible says that CAC40 is about to complete the wave counting with a final wave 5.
CAC 40 - Pivotal pointBy closing at 5069.04, the CAC reached its long term down trend and is now at a pivotal point.
Using weekly prices, the recent uptrend looks still solid with no sign of regression with any relevant indicators.
However, using daily prices, 2 keys indicators, momentum and RSI show a regression synonym of short term weakness which could prevent the index to go through and keep it in the current long term downtrend initiated in Sept 2000 and June 2007.
In case of breakout, the CAC the first resistance stands at 5283.
On the other hand, a return back to 4929 then 4733 will be on the cards. Anything below the latter would annihilate the current uptrend
sell the fra40Guys, Here is the thing i am planning to short.
we see a gartley pattern over here. with a stunning risk reward ratio.
Success
RandR
CAC 40:Upcoming Election Could Induce VolatilityLONG: If it breaks the top trend line. Enter on flag retracement. Confirmed the end of a 3 wave corrective pattern and (maybe) the beginning of a 3rd wave began in 2011 September
SHORT: If it fails to break the previous top ~5300. Look for flag. Completing a 5 wave corrective pattern
Cac 40 analysisTP 1 : 5378.6
TP 2 : 6160.7
Very little SL : 4850
Low risk High reward : 1st target 1:2 Risk/Reward 2nd target 1:7
CAC 40, New support : Target 4960.5CAC 40 resist before 23.60% Fibo today
New support with more candle time
Focus On Politics Now: France CAC-40Turn your attention now to geopolitics. 2016 all technical anaylsis had been wrong - and not pollsters only.
To predict any direction of European Stockmarkets trader needs to understand precisely what´s about the upcomming elections in Europe.
This trading idea is focused on France but linked to the Election in Germany, Netherlands, Italy and the Euro as well. Follow up the updates here.
Marine Le Pen is ramping up the CAC 40. Now.French Election: Investors are very scared about Marine Le Pen
But what did we learned form 2016?
Investors had been scared about the Brexit, Donald Trump and the Italian Consitutional Referendum. Now Investors are scared again. The populist French politician Marine Le Pen is making investors very nervous.
Quote": "Fears are beginning to show in the bond market, where investors are selling French government debt over concerns that the far right politician just might overcome the odds and win the presidential election." Source: money.cnn.com
Investors are scared because the polls might be wrong again and Marine Le Pen might win the election like Donald Trump did unexpectedly. Or like the Brexit Vote.
But what Investors underestimate is that Vladimir Putin east of Europe and Donald Trump in the west makes french and european voters more scared about Marine Le Pen or any far right wing party. What investors also underestimate is that Europeans are more open for a strong European Union than ever before.
So lets watch closely the polls about Emmanuel Macron. The market consenus is, that Marine Le Pen is going to win the first election and fail in the second one (best of two). But there is no consensus about the possibility that Marine Le Pen might fall short in the polls and might fall behind Emmanuelle Macron in the next days and weeks. Investors are not prepared for this. Investors are scared, as you could read in the link above. If ever Macron is taking the lead than all those investors betting against France and Europe again got caught on the wrong foot - once more.
So lets follow the polls and see if Emmanuel Macron might take the lead earlier than everyone (!) is expecting this.
