Shorted based on previous highlighted price action with a nice R/R ratio. its hit a zone and closed out of it. Watching 5 min chart for signs of rally.
Quick short on GBPUSD as a continuation of the downtrend we have been in. Looking for a push at the start of the hour (12:00 - 12:30). aiming back for the support zone and tight SL above last 15 min candle.
SELL order placed below the small support level. UJ is following normal market structure; consolidating with low volume after a fall. Used a SELL ORDER placed below the support level to capture a move down into the highlighted support zone (Identified based on 1 hour chart).
Aware of news around 13.30 - 15.30 so may cancel order should it not be activated...
NCC has fallen by 29% on the opening bell after announcing EBITDA will be 20% lower than forecast. This, however - is STILL above the forecast given last year.
In January, assurance forecasted to be 35% higher than expected so a hit now comes off a higher than expected base. The fall is HUGE - expecting a bounce to FIB levels. Hoping to BUY tomorrow morning -...
Fundamentally, Airlines are having a tough ride & it doesn't look like its going to stop anytime soon. The fragmented industry has failed to provide any consistent returns for the last 10 years (EBIT margins have averaged just over 1.2%!!), Full service airlines specifically have been struggling - not only due to the exogenous demand factors then rely on (Eurozone...