We've been suggesting FTSE long to clients for the past 6 weeks and the bias is still in play. 7800 is the main support zone currently. So long as it holds on any retracement, the bias remains intact. GBP weakness is also helping this trade, since FTSE is priced in GBP.
Enormous consolidation has been conculuded after retest of the breakout. 10,000 looks like it will be tested.
Very good opportunity to hop on the trend. Resistance becomes support previous High. Bullish on equities. 38.2% fib retracement. Target1 retest of structure T2 127.2% fib extension. 4H 2618 trade double topped with break of structure + retracement. GOOD LUCK
Some very quick analysis of the FTSE100 - Could we see a double top form at this level? If it does remain bullish we would need to see a retracement soon so this may be a great opportunity for a short term sell on this asset!
The last call was good enough to make money, but as I said the last time, I do not trade this, but if you do, here you have my own view for it. Learn how to beat the market as Professional Trader with an ex-insider! Have a good Trading Week! Cream Live Trading, Best Regards!
Here actively looking to build a full sized position in UK Equities on the sell side. => Hard Brexit now sitting in 'done deal' territory. => All UK sectors are starting to cough and beckoning for help. => Expecting the shock to be felt in both the Equities market as well as the Pound (see related ideas). => This will detonate soon and provide a category 5...
If you follow the FTSE at all and you also follow my trades, well, you've been KILLING IT! We just closed our LONG trade on the Footsie and bagged another +320 points to go along with that +635 points whooper of a trade when we caught that collapse back in January. That is a +955 points profit on 2 trades! Yep, we are 100% on our trades in the FTSE so far since we...
I do not trade this, neither I'm keen on it but looks interesting after a long way down, till where? perhaps boxes are the answer. Remember Tradingview followers have a half price on Professional Trading Course for the next one in April. Just 25 seats available Learn how to beat the market as Professional Trader with an ex-insider! Have a good Trading Week!...
Right guys, I really do think that we're in for a short. I've been waiting for some time on this short to be totally honest, prices could potentially drop down to lows of 6975.0 Let's wait and see! TP: 6975.0
Whilst its still volatile, the bulls have managed to break above the 7215 resistance level overnight on the TVC:UKX . That should in theory now become support and as long as the bulls can defend this level then a rise towards the next key resistance area at 7325 is possible. The S&P 1.10% has defined the drop to 2610 yesterday and testing 2650 again. Ball is...
We could really go either way here guys! Both Lucrative. I think that prices could possibly go either way! What have we got here... You see if we went long, we could potentially reach highs of 7400.0, long term - 7600.0. Which is much more lucrative than going short and buying back our shorts, as we could comfortably double up/triple up on our already winning...
BHP Billiton, is a trade that we are currently short on from 1408, utilising our absolute return strategy - Trend Following. The chart shows lower highs and breaks to the DS of key horizontal & ascending TL support levels, which the market has failed to hold and has in turn broken further to the downside, after watching the pair consolidate within an equidistant...
FTSE 100 Buy idea (Related to the FTSE 100 Daily Chart Analysis) Buy Limit: 6798.2 Stop Loss: 6648.6 Take Profit: 7064.6
Technical analysis: FTSE is in a downtrend, and the continuation of downtrend is expected. The price is below the 21-Day WEMA which acts as a dynamic resistance. The RSI is at 45. Trading suggestion: The price is still in a downtrend and we forecast the downtrend would continue. There is possibility of temporary retracement to suggested resistance...
News - #GVC GVC Holdings PLC, the multinational sports betting and gaming group, is pleased to announce that it has agreed to initially acquire 51% of the equity capital of Mars LLC Analysis - Market discounting some sector consolidation and regulation - Im looking for price to bounce once we get through some of the noise - there is also a good fib S/R confluence...
News this morning Group revenue fell by 12.6% to £623.2 million. On a like for like (2) basis revenue fell by 8.8% impacted by the weak print trading environment. Strong management of the cost base enabled adjusted operating margin to increase by 0.7 percentage points to 20.0% delivering an adjusted operating profit of £124.7 million. Statutory operating profit...
London Stock Exchange plc reports FY17 Adj Op £812M vs exp £828M, Rev £1.77B vs exp £1.93B - Organic Rev 10% y/y - Capital makrets Rev £391M, +6% y/y - Dividend 19% increase to 51.6p/shr Could be a test of the recent value are look out for support levels as there has been a miss on expectations
News - · Gross Revenues double to $1,938 million (2016: $969 million) as the Group delivers production growth into stronger commodity markets - 2017 full year copper sales volumes of 256 kt (2016: 141 kt) - Revenues in income statement of $1,663 million (2016: $766 million), excluding $275 million of pre-commercial revenues · Gross EBITDA of...