Day Trading Strategies
Click for more information on day trading strategies
Today’s Analysis
24th July 2018
Decent rise on the FTSE yesterdays from the 7620 support level to test the 7670 resistance and then only a little bit of a drop back as the bulls continue their defence. The daily chart remains bullish with the 7718 daily coral still looking like the next area to be tested. Google parent Alphabet saw its shares climb in after-market trading, after reporting rising revenue from advertising.
FTSE 100 Trading Signals, Forecast and Prediction
For today I am thinking that we build on this bounce from yesterday and we get a retest of the 7705 level from Friday, but also hopefully finally manage to reach the 7716 resistance area. If so, I think that a short at this level is worth a go.
Membership
If you would like more detailed analysis for FTSE 100, DAX, Gold and S&P, including the trades that I am looking to take myself, then please join my active members community.
Results
I keep a record of all the trades communicated to members via the morning email trade plan and those alerted live. See the results here.
What you get
- Daily Analysis pre market open (sent around 7am each day) for FTSE, DAX, Gold and S&P.
- Daily email pre market includes my trading plan for the day including ORDER levels, with stops and targets/limits
- Telegram Chat room and webinar group membership for discussion and realtime trade updates