FRA40 trade ideas
FR40EUR ready for another short? My idea is to shorten the bearish engulfing pattern after the market has made a new low.
France 40 Index - Bullish OpportunityBullish momentum is present on France 40 Index. We can expect other Euro pairs to go up as well as the indexes show good bullish signs.
FRANCE 40 LONG 2.2RR 200PIPS TARGETNOW TRADING AROUND SUPPORT REGION 5250 - 5300
TWO TARGETS SET 5420 AND 5500
CAC40 (FR40) - LONG with 1/3 Risk-Reward Small trade for the week 10 - 14 Sep.
TL broken, divergence on RSI & MACD
On MA(21).
Move SL to break-even once 1:1 R/R is hit.
Can CAC40 Breakout?The French shares have been moving higher so we believe this may be a breakout overpowering the sellers at around the 5505 area and continue to an upward trend and benefit our trade.
However it does appear that price is moving in to a triangle trend line so price may get squeezed by the pressure of the Bulls and the Bears before the CAC 40 Breakout is achieved.
Let´s make some bucks with FR40EURIf you like my ideas support with a suscribe, like or comment.
Do your own diligence before make a buy, this is not a financial advice, best wishes, Federico
matrice scalp cac intradayon ira de zone en zone la zone des 5350 serra à sell en cas d'avelment baissier 2 minutes sur le cac cet après midi pour aller chercher les 5308
cac40 sell i m selling cac 40 to reach 5000 at 5000 i will buy
now cac go down and go reach 5300 FIRST
CAC 40 - Wait for the 5440The CAC 40 is in a positive trend within a parallel channel since beginning of July (which is also the case for the RSI)
5440 could be a good area to enter into this market for 3 reasons:
-In contact with the MM20
-Bottom of the parallel channel
-Support tested on August, 2nd
Target price : 5530
CAC Sell IdeaCAC Sell Idea @Weekly Demand Zone (5538.92 - 5662.43)
Sell Limit: 5538.15
Stop Loss: 5668.90
Take Profit: 5352.02
Risk Management = 0.01/$100
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
Possible gain 5.60% ShortIn this configuration a simple triangle does not offer any tendency everything will play at the exit, if we break the support of 5360 points we can consider a decrease of 5.60% in support of 5060 points, if it does not then realize a head-shoulder this will form the head down
CAC Buy IdeaCAC Buy Idea @Weekly Demand Zone (5538.92 - 5662.43)
Buy Limit: 5538.15
Stop Loss: 5668.90
Take Profit: 5352.02
Risk Management = 0.01/$100
Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level
Close partially the contract once it reaches 80% of the profit
Fra 40 short?The rally to 5500 happened as expected, this is a major resistance point. Possible reversal to key areas 5450 and 5350 as indicated on the chart.
Long on Fra 40 indexMy personal favourite index . I am seeing price do a minor pull back to the 5450 range and head straight up to daily target at 5500. Possible movement during New York session but you never know. Cheers!
Simple range trade with a bearish engulfing candle triggerBeen following this since the world cup. Trading what "is" and what is to me now is a range. 0.5% risk
