UPDATE 2-FTSE 100 higher as trade respite lifts banks, miners
June 4 (Reuters) – London’s FTSE 100 rebounded on Tuesday asChina’s request for dialogue with the United States to resolvetrade differences …
June 4 (Reuters) – London’s FTSE 100 rebounded on Tuesday asChina’s request for dialogue with the United States to resolvetrade differences …
June 4 (Reuters) – London’s FTSE 100 rebounded on Tuesday as China’s request for dialogue with the United States to resolve trade differences …
The FTSE 100 is lagging behind its Continental counterparts as big oil stocks are holding back the London index. The FTSEMIB is holding up well …
THE FTSE 100 closed the day higher as US-China trade tensions appeared to wane slightly. London’s leading index closed higher, up 29.49 at …
CVS shares moved higher during Tuesday’s session after management outlined its growth plans at its Investor Day event.
President Trump told reporters in London that tariffs on Mexican imports will go ahead next week.
Institutional players are abandoning biotech funds at a rapid pace, raising the odds that the sector will enter a bear market.
Neil Woodford’s latest purchase of WM Morrison Supermarkets P L C (LON:MRW) makes him the company’s largest shareholder. This move is in stark contrast to Woodford’s exit from Tesco (LON:TSCO) just over a year ago. We know that Warren Buffett pre…
London’s FTSE 100 was up 0.2% to 7,196.50 in afternoon trade on Tuesday as investors welcomed positive comments from China and Mexico on …
Day trading using leveraged exchange traded funds (ETFs) is a high-risk undertaking but can return profit due to the volatile nature of the trade structure.
Credit services stocks broke below significant 2019 trendlines in Monday trade. Play downside momentum using these trading tactics.
Apple is now promoting new apps for music, TV and podcasts.
Dow component Boeing hit a five-month low on Monday and could enter a major selling climax before rewarding dip buyers.
In the UK, the FTSE 100 was up 31 points (0.4%) at 7,216, bolstered by a return to fashion of travel stocks such as British Airways owner International …
… share was hugely oversubscribed and its stock price soared to round the £15 mark the following year, bringing a brief appearance in the FTSE100.
Bullish chart patterns are becoming increasingly harder to find, but the cleantech space seem to tell a different story.
In a shock development, under-fire portfolio manager Neil Woodford announced yesterday share trading in his flagship Equity Income fund has been …
While the FTSE 100 may have enjoyed a decade-long bull market, a number of its members appear to offer excellent value for money. One example is …
We want to take a moment to point out that a Fibonacci 100% price move setup may prompt an upside price swing over the next few days and weeks. Many traders fail to identify this setup and get caught up in the current price trend. This happens because we lose focus on the fact that price always moves in segments or legs – from one peak or trough to another peak or trough. The process of creating these segments or legs is usually structured in these types of Fibonacci price increment, and Fib targets I have personally found to be the most accurate for spotting profit taking and turning points.
We provide two very clear examples of this type of setup and how it has worked in the past. We urge all traders to understand there are many examples of larger Fibonacci price expansion legs throughout history. These examples of the 100% Fibonacci price leg are unique instances of price movement and, after confirmation of a base/reversal, can become very valid trading signals.
This first example is the ES (E-Mini S&P Futures). You can see from this chart the earlier examples of the 100% Fibonacci price legs working in the October 2018 downward price move. The current downward price legs have set up a perfect 100% Fibonacci price expansion leg and we believe support may form near $2732.
We would normally wait for some type of price confirmation that this level is going to act as support – for example, a solid reversal bar or Japanese Candlestick price pattern. After confirmation is achieved, a price rotation equal to 60% to 95% of the last downward price leg can be expected.
This next example shows Crude Oil and the most recent downward two Fibonacci Price Legs. The first resulted in a very quick upside price rotation (highlighted by the green arrow near May 20). The second downside Fibonacci Price Leg just ended near $53.30.
It is our belief that Oil will find support near this $53.30 level and rally back above $56 from these lows. The only thing we are waiting for is some type of technical price confirmation of this bottom setup and we can expect a 4% to 8% upside price swing in Crude Oil.
Over the past 21+ months, we’ve highlighted some of the best tools and techniques we use to find great trading signals. This one technique, the Fibonacci 100% Price Expansion Leg, is just one of the tools we use to find trades and targets for our trade alerts for members.
The more one understands how price works and how the markets operate as a Symphony of price actions, one can find opportunities for great trades almost all the time. Skill and experience make the difference when deciding when to trade and what to trade and that’s what we provide.
We’ve now shown you two different price setups using Fibonacci price theory and the only thing we have to do is wait for a technical price confirmation before finding our entry trade. We’ll see how this plays out over the next few days and weeks. Remember, we are not proposing these as “major price bottoms”. They are “upside pullback trades” (bounces) at this point. A bullish price pullback in a downtrend.
A look back at the impact Brexit talks have had on the forex market and the FTSE 100 – and a look ahead at what a no-deal scenario may bring.
Both the FTSE 100 and the FTSE 250 were in the pink in lunchtime trading. The Footsie was up 17 points (0.2%) at 7,202 while the mid-cap FTSE 250 …
Good morning, this is the placeholder for Tuesday morning. It’s Paul here.
Many thanks for the positive comments about my video review of the AIM admission document for Loungers (LON:LGRS) – hopefully this might encourage subscribers here to delve int…
Shares in FTSE 100-listed Hargreaves Lansdown (HL) took a hit as investors in the retail investor platform braced themselves for further fallout from …
A US committee will take a fresh look at the impact of the big four tech firms.
First Minister Mark Drakeford scraps the scheme due to its cost and impact on the environment.
Ahead of what is expected to be a firm opening on Wall Street, the FTSE 100 was consolidating its hard won gains. The index of the UK’s heavyweight …
Large antitrust actions have become a thing of the past. What, if any, remedies can emerge from these investigations?
Even if trade conflicts ease, chip stock are likely to fall further as memory prices plunge, according to several Street bears.
LONDON (Alliance News) – The following stocks are the leading risers and fallers within the main London indices on Tuesday. ———- FTSE 100 – …
The inglorious departures from the SIF folio of Bilby and Staffline over the last two weeks have drastically reduced the fund’s exposure to UK-focused cyclical businesses.
Still left in the fund are car dealership group Lookers and brick maker Michelme…