Excellent trade idea to buy BAE Systems on FTSE 100. Target 1 £911.00. RSI broken above resistance Moving Averages are all positive. Good to go
UK100 - Intraday - We look to Buy at 7000 (stop at 6940) Previous support located at 7050. Previous resistance located at 7100. Price action looks to be forming a bottom. Risk/Reward would be poor to call a buy from current levels. Our profit targets will be 7150 and 7170 Resistance: 7100 / 7150 / 7170 Support: 7050 / 7000 / 6950 Risk Disclaimer The...
Formula: (Major Indices/USDxxx)/World GDP (Gross Domestic Product) Indices: USA, Germany, Japan, UK, China. (all converted to USD) After the 2008-2009 bottom, USA performed much better than other countries. So, what's next? We can expect other countries to perform better even a bit from now on. But that dosen't mean that the stock markets will rise. It's a bit...
Hi Everyone!✋🏽 UK100 closed below the lower boundary of the range that started to build up in April '21. It can easily fall to the next weekly breakout that is approx. the same distance as the size of the range. Every countertrend on the lower timeframe is an opportunity to go short until the start of the Daily impulse wave is taken back by the buyers on the...
#FTSE large top formation. Very important Support 6,850. 4 lower lows.
Comparision of "FTSE (UKX) in USD dollars" to "SPX". I am publishing the same for all (please see my other analysis): Germany, UK, Japan. I ignore all the fundamentals and only make technical analysis. Fall of EUR&GBP&JPY and their stock market's negative divergence compared to USA (SPX) is about to end, I believe. Important: This doesn't mean that the...
LONG CASE FTSE has found its footing from the lows of yesterday and has started to build a 30min higher low structure, with the most recent higher low coming very quickly after the recent swing higher. Would need to see a clear break of the 7080 level and a backtest of support with a bullish close before taking a position. SHORT CASE Price action has been...
Trade Idea: Buying FTSE Reasoning: Holding major support on the daily timeframe, RSI oversold too. On hourly chart, RSI divergence and market opening strong today. Looking for a corrective move higher. Entry Level: 7060 Take Profit Level: 7185 Stop Loss: 7011 Risk/Reward: 2.55:1 Disclaimer – Signal Centre. Please be reminded – you alone are...
Good Day. In principle, Smart Money Concepts/Order Block Strategies/Wyckoff (to name just a few), aim to do one thing - identify where Banks & Financial Institutions are stacking their buy or sell orders, anticipate Retail Trader stops being liquidated, and jump on board to ride the wave with the Smart Money. OTB (On The Beach) is a UK-based travel operator, a...
FTSE - Longer term view A break to either direction! Have a great week ahead, TJ
FTSE - 100 Symmetrical Triangle As the previous trend was UP, there is definitely a better chance at the price breaking up and out of the Symmetrical Triangle formation which will head to the first target 8,400. However, if the price breaks down, it will head to 6,256 Which way do you say it will go
Today at 1130 we expect the results of the conservative leadership race. Sunack vs truss. Truss is the obvious favourite to win but she is bad for GBP. her polices are inflationary and she can't understand that lowering taxes and increasing the money supply will further cause inflation. the UK economy is already expected to see 13-16% inflation by April 23....
THE chart posted is that of the uk ftse 100 we seem to have ended it s decline in what looks to be a 4th wave wave E on news . if this is right we should see a strong rally once this rally peaks I will tell you the next year looks very NEGATIVE .best of trades WAVETIMER
Stocks on the UK bourse ended in the red yesterday, extending losses for the third consecutive day, with the benchmark FTSE 100 index on the London Stock Exchange plunging 1.05% or 77.48 points. bearish may be limited to the support area before a rebound.
Short FTSE 100 @ 7450 TP: 6900 SL: Around 7700 The UK has many problems involving the PM, energy, cost of living crisis, recession, inflation and a devaluing currency. Normally GBP weakness was beneficial for the equity index however, the correlation has broken down. THE BOE has admitted that we face 5Q's of recession ahead and I cannot see how that is positive...
UK inflation in double digit and it never been easy to cool down inflation above 5% or sticky for long, Winter approaching and peoples rising hands against Energy, Electricity bills while or easy money gone. Globally we can face hard time for two years while central banks saying everything ok. Now world is more synchronize compare to 2000 and any bad news from...
Here's a macro macro (1 week chart) deep dive on GGP: - No fundamentals here, just looking at the chart zoomed way out. - Price bounced from the 0.786 fibonacci retracement (1 week chart). A good place for an entry, but only in hindsight now. - Looking for this level to hold ~ 9.44, and on the lower time frames it looks as though price action is trying to form...
Hello Folks, The price is in the premium again, seems to dive back down from the marked zone. The price came back to my previously marked area of Break away gap, which i mentioned will be filled later. It's a final call for bearish continuation of US-Indices. I am risking 2% on the trade for a long swing target for high rewards. Monitor the price action in the...