FRA40 trade ideas
CAC40 Bull PowerTrading method: RS ADVANTAGE Stage 5 system setup 95% accurate system manually forward tested over 3 years. In this situation we are now waiting for Awesome Osci to go into positive territory for trade entry confirmation to resume this bullish bias. Market execution for entry, confirmation will be required for entry.
Risk Description: low risk trend continuation setup to continue this bullish movement.
Profit expectations: 18 day trade length expected before hitting profit target I will post exit strategy when signal receives a exit signal.
Cac 40: Long-Pull long tradeCac 40 Long-Pull Long
This index continues to make positive technical moves: the
little continuation pattern that brings the index perfectly
back to the long term dynamic that had acted as resistance
for 10 long years since 2007 highs - it comes back for one last
kiss - right on a line 10 years old - it turns it into support and
fires northwards - classic stuff, even in a big index. And then
for its next bull move it rallies from the long term dynamic to
make a new post crash high and then comes back down to use
the previous major high in 2015 as support - again resistance
has been turned into support. Every big move it makes is
positve. Now it should move up to 5850, consolidate a little
and then rally to 6152. Support is firm at 5261. This index has
890 points upside and 120 maximum downside. If you leave
the stop under 5255 on this trade there is a very low
likelihood of it being hit.
CAC40 - Bullish trend can restartThe configuration of the CAC40 index is very interesting, buyers and sellers are fighting around the temporary support of the 5350 points (red dotted line). The very strong support of the 5300 has been tested 1 time last week. In the coming days the 5300 support line will rejoin major ascending support @5300 points, if the CAC40 price haven't break the 5300 support before the 2 line rejoin, a super support will be created and it will become very difficult to break it. This can initiate a new strong bullish trend for end 2017 / beginning 2018.
CAC 40 DOWN (1 HOUR)Hi all,
Look at my CAC 40 chart on 1 hour, it will down strongly in the next hours.
Have a good day all ;)
CAC retracement may come soonIDEA - A retracement is due on CAD. For a safe long entry a wait for a retracement would be recommended.
FR40 - Long after reversing from a demand zone.looking to join the long term trend from daily and weekly chart.
RSI bearish divergence+ overbought Short at 5382have a nice Bearish divergence in H1
overbought much in h4,daily,weekly
Many Gap have not been filled too
the us stock is much overbought so i think they will correct also and so will make the ger30 and fra40 follow them move.
and the eurusd will cetainly make a small puback who ill weigh on the ger30 who i repeat is linked with fra40 not at 100% this last week but usually around 95% positive correlation
i enter at 5382 we can see he block since 3-4 candle h1 to pass it so it should return back first/
i open 2 position same as all time
1 will be cut at target 1 and second in trailing stop
for the Stop loSS i let you manage it lie is not a big trade cannot do a good ration if put SL so me i will put it around 5435 and the RR will be 1/2
A Clear H&S in CAG 40A clear pattern trade
We see a clear H&S and French public sector workers also went on strike on Tuesday against President Emmanuel Macron’s plans to cull jobs and toughen pay conditions, forcing airlines to cancel hundreds of flights and disrupting school activities. At this moment the CAG40 is being supported to protect investors, this can't go on. We need to see a price adjustment. Strike notices were lodged in schools, hospitals, airports and government ministries over plans to ax 120,000 jobs, freeze pay and reduce sick leave compensation.
in my opinion, there is a good chance this H&S will be completed in the next 2 days, both Technical and fundamental
Entry: Fib.78.2
Target:
Move stop-loss:
CAC40 – Bullish Minor 5 – Triple Three PatternMinor 4 (light blue) unfolded as a Complex Triple Three WXYXZ (red) Structure, sliding within a Descending Triangle and forming a Flag Formation right above the upper Triangle Trend-Line, as if it would ‘’kiss it good bye” after it filled the gap and causing a Bullish Divergence.
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CAC40 in USD : 100% fibo prolongation touched for the 4th timeThis is the the CAC40 index in USD currency (CAC*EURUSD), as viewed by international investors.
As you can see, since the dip in 2009, this pattern happened 3 times. Each time it broke out the resistance (red), the rally did continue to 100% fibo prolongation. The error was less than 50 points. After that the index felt immediately at least 13%.
Now it could be the fourth time ...
CAC-40 jumps to 12-week high, bias higherEuropean bank stocks cheered the prospect of higher Fed interest rates which should help their profits thereby pulling general indices higher.
Frances CAC-40 index jumped to a 12-week high of 5294, bias higher.
Better-than-expected economic data which included flash Euro-zone PMI prints for September also lent support.
Technical studies support further gains. We see bullish divergence.
The index has shown channel breakout and has breached 100-DMA resistance.
Price action now hovering around 61.8% Fibos at 5293, next bull target 5323 ahead of 5339 and then 5374.
Go long on break above 5293, SL: 5259, TP: 5323/ 5339/ 5374
CAC40 Potential New long term channel (Stronger than the DAX)The CAC40 could slide that way (see green circles and 50% Fibonacci levels for mean reversion purposes). You can also check out my previous posts for confirmation
CAC (15 min): from a potential triangle to a wedge to a channelThin air above 5155? Low volume: short! Although analysts aim 5300
CAC40: Thin air above 5155?If we take 5155 down then yup the 5021 area could be the next target. If broken sharply, it's bearish (targets are on previous posts)
