27th March 2018 – FTSE 100 Trading signals
Want to discuss things with other traders – please visit the free forum here for todays discussion
The shorts worked well and we ended up having a V shaped day as markets also recovered strongly once the fears over Russian diplomats being expelled from the US and other EU countries subsided, as did trade war worries. As I mentioned yesterday its probably just tactical play to get a new and better deal for the US. The Trump administration was said to be urging China to lower tariffs on cars and open its market to U.S. financial services as part of talks to resolve a rise in trade tensions. The bears took the FTSE 100 down to 6865 and we have now seen a 100 point bounce from there.
FTSE 100 Trading Signals, Forecast and Prediction
For today I am sort of thinking that we will see a fairly flat day as traders consolidate after yesterday and watch to see if the bounce was false. We have yesterdays closing price at 6888 but I don’t think we will drop down that low this morning, but more likely drop towards the pivot at 6925 before a slow rise towards R1 and the 7000 round number resistance.
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