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UK100 CFD

FTSE100 - UKX - WHERE TO NEXT?FTSE100 UKX - Range Bound - WHERE TO NEXT? Technical View: Resistance: 6782.5, 6823.0, 6900.5 Support: 6677.7, 6627.6, 6610.9, 6535.8 (200EMA) Pattern: Multiple formation Bull Flag / Triangle Formation How to approach this trade idea: - Add alerts at key break out areas - Wait for the break out and trade the pull back - Check the key Fibs matching S&R Areas - Don't forget to gain a good R/R - Add limit orders to break out areas, bit more of risky approach as you don't want be part of fake break out! Go with what you have written on your trade plan overall. It's FRIDAY....! On a Friday - I take day trades, review my journal and get ready for the week ahead. It hasn't been bad week very choppy markets we are in range bound areas in most assets apart from Crypto's great momentum towards down side I always say in life and in the markets - What goes up, comes down eventually. Now it doesn't mean you're going to become profitable trader and come down - NO! What I mean is, your performance isn't going to be straight line there will be days up and down and let be honest with you - I don't always trade everyday because I know when I want to be part of the market, be disciplined! It does depends on way you mange your portfolio. Have a great weekend. Trade Journal (Just a trade idea, not a recommendation)
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by Trade_Journal
UK100 for new recent highs? 🦐After our last analysis on UK100 index we look for a new opportunity. The price on the 4h chart retraced inside a channel until the 0.618 where the market found a support. According to Plancton' s strategy if the conditions will be satisfied, we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly structure. • 🔵 Blue structure -> Daily structure. • 🟡 Yellow structure -> 4h structure. • ⚫️ Black structure -> >4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
OANDA:UK100GBPLong
by InkyGrip
24
UK100 Ascending Triangle - Long OrderUK100 Ascending Triangle Long Position Entry: £6,861.3 TP & RR: £7,036.9 (2.21) Stop Loss: £6,781.8 REASONS FOR THE TRADE Unfortunately, this is not a trade that I will take since I already have enough positions for the day and my system prohibits me from being overexposed. From a technical point, this seems like a sound trade - testing lower trendline in ana ascending triangle and the Market Flow indicator printing a divergence. My sixth sense tells me, however, that this trendline may not hold... but it's usually wrong, that's why I count on technical indicators. The Stop Loss is far enough for you to evaluate if the price will drop down or will bounce up and start heading towards the target. I will not count this trade in my journal but I will continue to update it as it goes.
OANDA:UK100GBPLong
by Quant_
USD/CAD : PRICE ACTION ON DAILY TIME FRAME 🔔Analysis of #USDCAD If you have found this useful then help us support my page by hitting the LIKE button. If you are not subscribed yet then please feel free to follow my page for daily updates and ideas. Thank you It means a lot to us! *** Strategy: Daily Price action - We will be waiting for all the confirmations to enter in this trade. A clear chart is Always the best business card for a trader. *** Your support and feedback will always welcome Thank you for your time. The information contained herein is not intended to be a source of advice or credit analysis Regards, Walter
by FOREXN1
7
I am still bullish FTSE! It's a pair I've trading within the indices that I have had great return this yr - great momentum trend towards it and with Brexit drama going on too, it has has great volatility. Fun fact: When the first lock down occurred earlier this year in UK...A family relative was intrigued about me being a young trader - I had advised a distant family member to watch out for the FTSE it's a great buy at the areas of 5850! Let's hope they did listen to advice and if not - there's always chances in this beautiful market we've had this year! Let's hope to make plenty of pips for the end of this year and start the next year with great optimism within ourselves! Let's get onto the technicals: Pattern - Bullish Flag target area: 1.618 Resistance: 6860 & 7035 Support: 6140 & 6040 My target - 6800-7100 Areas! One of the major investment banks did even announced UK assets are undervalued within options check out Rolls Royce has been a great trade to take as well! Fundamentals to keep in mind: Brexit and what the indices has a large portion of companies energy based. Although, my target for Crude is 55 area. All the best, Trade Journal Remember: Just a trade idea, not a recommendation
TVC:UKX
by Trade_Journal
5
FTSE100 - Full Breakdown + Future Trade OpportunityFirst time breaking down this market, I want to further illustrate what we are seeing in global markets. I will link related ideas below. In this video I explain this pattern in official AriasWave terms so you can see how we differ from other forms of analysis. The move up since the Great Depression is a TYPE-2 ZIG-ZAG and we are seeing Wave v of an ending diagonal since 2009 unfold. Please LIKE and FOLLOW to get notification of updates and future posts.
FX:UK100
by AriasWave