EURNOK bearish
Look to short EURNOK as it is bearish and bears should push it down today look to use good money management and short this as specified level. Good luck and happy trading
UK100 - Long
If you have a look at the Weekly chart, 3 weeks ago, FTSE, drove up to just higher than 6912. Then last weeks candle you can see that it has fallen to 6682. With this week's candle we can see that it is an inside bar but green and moving up, I have placed my TP at the top of the previous candle and SP at the bottom. This trade is a 4:1 (164 pips vs 50 pips) I am only using 0.01 % of my risk. I expect that this trade will go into next week. Any thoughts on this are welcome
Short opportunity
Price is in a down leg with current price trading under the Daily 8EMA. Waiting for the retest of the median line (which also acts as a support on the daily time frame) of the channel on the 4 hour chart. If price rejects with continuation bearish momentum, then we could expect the price to go down to its previous support at 14.53768.
Natural Gas finishing retest of the 2.5515
Natural Gas finishing retest of the 2.5515 and looks like a good opportunity to go short with a good RR ratio of over 2.. waiting for the retests on the lower timeframe to finish.
EURNOK bearish
UK100 - Long
Short opportunity
Natural Gas finishing retest of the 2.5515
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Andrew Lockwood
X30+ years experienceStarted in the trading pits of London with some of the biggest traders in the world. Migrated to screen trading around 2005 now trades full time focusing on FX, Indices, commodities.
Max Norbury
X10+ years experienceMax is a diligent and pro-active individual with a wealth of experience in technical and fundamental analysis, high-probability trading and mentoring within the financial markets. He has also has a variety of non-accredited analytical certifications.
Mark Bennell
X15+ years experienceCertified Financial Technician (CFTe), Diploma of Technical Analysis, Diploma of Share Trading and Investment. 14+ yrs trading experience. Focus on the process and the money will follow.
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