By Andria Pichidi - July 29, 2019
Sterling has started the week under a lot of pressure, which follows weekend polls showing, in one case, a 10-point “Boris bounce” swing in favour of the Conservative Party. This will up odds for the new prime minister calling a new election, which he needs to do, and win, if he wants to strengthen his negotiating position with...
Similar to my Dax idea just posted, a lot of world equities are bouncing...remember central banks can still cut rates and do QE/stimulus which means there will be nowhere to go for yield except the stock markets. The party might not just be over yet.
Similar description to the FTSE as with the DAX, a prolonged downtrend and basing at a support zone. We had a...
FTSE100 has recently tested a key demand zone and formed bullish price action.
We can expect this market to continue higher with targets being the daily highs.
The price is also supported by the 20 and 50 EMA pointing upwards with price rejecting
the key demand zone and the 20EMA.
Hey tradomaniacs,
welcome to another free signal!
Important: Wait for the Breakout and sell the retest!
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Type: Day-Swingtrade
Sell-Limit: 7281,8
Stop-Loss: 7328,5
Target 1: 7208,2
Target 2: 7164,0
Target 3: 1,31377
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good...
View On UK Stock Index FTSE (9 Aug 2019)
Back Ground: A strong BEAR action is met with a strong reaction. Some people call it "Dear Cat Bounce".
Target(s): It can go UP to 7360/7400 as retest (or) you can wait at these regions for a possible SHORT.
SHTF: 7100/7170 region is good support.
DYODD, all the best and read the disclaimer too.
Feel Free to...
Hey tradomaniacs,
welcome to another free signal!
Instructions: Wait for the break above the entry and wait for a retest/rejection before you buy!
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Type: Daytrade
Buy here: 7147,4
Stop-Loss: 7094,8
Target 1: 7200
Target 2: 7227
Target 3: 7269
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LEAVE A LIKE AND A COMMENT - I appreciate every...
Price has FTB the swing low after breaking the demand zone on H4. I'm looking to trade the swap zone here. Wait for price to get to that zone to sell or if it breaks the swing low.
UK100 Weekly closed with hammer alike candle
seeing it still have strenght to go up further.
Resistance : 7456, 7500
support : 7300 , 7100
Disclaimer:
Please be informed that our analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade.
For trading advice, please speak to your remisier or dealer representative.
You...
Hey tradomaniacs,
welcome to another free signal!
Important: Bank of England Interest Rate Decision today! Volatility likely!
Close your positions or get rid of your risk until then unless you accept the risk to get stopped out!
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Type: Daytrade
Buy-Stop: 7578,3
Stop-Loss: 7537,9
Target 1: 7623,1
Target 2:...
THE PRICE HAS NEVER TOUCHED THE WEEKLY OFFER (CURRENT PRICE) THEREFORE IT IS POSSIBLE THAT THE MOVEMENTS IN THAT AREA ARE AGGRESSIVE (THEORY SAYS OFFER = LOW) BUT THE PRICE DOES ANYTHING, IT MAY ALSO BREAK THE OFFER AREA AND FOLLOW IN BULLISH THEREFORE, THE PRICE IS LEAVING A REVERSION PATTERN, CLASSIC IN OFFERING AREAS AND DEMAND.
ALWAYS WAIT FOR CONDITIONS TO BE...
The UK100/GBP pair has been appreciating in an ascending channel pattern since the beginning of June. The pair reversed north from the lower boundary of the channel pattern at 7088.8 on June 3.
The 200-hour simple moving average was providing support for the pair at 7481.0 during the morning hours of today's trading session, while the 50– and 100-hour SMAs were...
Many traders hide their ignorance with complex models, indicators, and theories filled with big words but of little value. Yet, the market knows the price more than we know.
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