Bullish bounce?UK100 has reacted off the pivot and could rise to the 1st resistance.
Pivot: 8,062.33
1st Support: 7,995.40
1st Resistance: 8,178.42
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The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
UK100 trade ideas
4-hr UK100: Possible 100 points DropSince November, the UK’s major stock index gained nearly 400 points but began correcting downward on Monday, December 9. Early buyers from November are now taking profits, triggering this pullback. In recent hours, the UK100 fell below 8230, aligning with the key 38% Fibonacci retracement level, signaling a potential further decline. Additionally, a Death Cross—a classic bearish indicator—has emerged, reinforcing the strong downward momentum.
These lower levels might draw short-term buyers, possibly causing a brief rebound towards 8240. However, given the correction phase, the index could dip further, potentially retesting the 8140 zone, which aligns with the crucial 61.2% Fibonacci level. Short sellers aiming to capitalize on the prevailing bearish momentum may target a drop of at least 70 points from current levels.
Bullish bounce?UK100 is falling towards the pivot that aligns with the 61.8% Fibonacci retracement and could bounce to the 1st resistance.
Pivot: 8,191.43
1st Support: 8,140.90
1st Resistance: 8,284.80
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
UK100 Holds Strong: Key Pivot Points in FocusHello,
CAPITALCOM:UK100 is maintaining its strength and has yet to experience any significant downside. If it can break above and sustain a position above the 1W pivot point (PP), further upside potential is likely. However, if it remains consistently below this level, a retest of the 1M pivot point (PP) could be on the horizon.
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UK100 / FTSE100 Indices Market Bullish Heist PlanHi there! Dear Money Makers & Robbers, 🤑 💰
Based on Thief Trading style technical analysis, here is our master plan to heist the UK100 / FTSE100 Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. So Be Careful, wealthy and safe trade.
Entry 📈: Acceptable anywhere; I advise placing buy limit orders within a 15-minute Chart. The entry for the Recent/Nearest Low Point should be in pullback.
Stop Loss 🛑: Using the 3H period, the recent/nearest low level.
Goal 🎯: 8470.0
Scalpers, take note: only scalp on the long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
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My expectations for FTSE 100!Hello guys,
** the index broke an important downtrend line and surged to up after then currently is taking a rest inside an ascending triangle, once it will break to up, it will go to that target regardless any bearish retracement you would find on the way
** The index is meant to go to higher than that once it will break the purple down trend line even which I expect to happen!
** The time frame on the chart is 4H
My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help.
I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.
Could the price reverse from here?UK100 is reacting off the pivot which has been identified as an overlap resistance and could reverse to the 1st support level which is a pullback support.
Pivot: 8,316.78
1st Support: 8,234.92
1st Resistance: 8,371.78
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?UK100n is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 8,197.93
1st Support: 8,137.06
1st Resistance; 8,297.98
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
1-hr UK100: Upward Momentum Detected The 100 point correction in UK100 seems to be over now, with the value rising with 50 points since Friday so far. The FTSE is lagging behind its EU and US peers and makes it very likely that we will see further growth in this index as well. The Death Cross, a classic sell signal, didn't materialize and we currently see strong momentum in the opposite direction. Last week's low at 8 290 attracted buyers, as the RSI was nearly oversold back then and we see this upward move extending further north into today as well. UK100 broke above the critical 61.8% Fib earlier today and this has served as a historic indication of momentum reversal. If the value holds above 8 320, which aligns with the important 38% Fib, it is very likely that it will find support at that level and retesting previous highs seems logical. We would prefer if the UK100 reached 8 390, where a Double Top would form. If this reversal pattern doesn't truly precede a drop, 8 450 might be the next top to retest.
FTSE 100 H4 | Approaching swing-high resistanceFTSE 100 (UK100) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower.
Sell entry is at 8,388.22 which is a swing-high resistance.
Stop loss is at 8,444.00 which is a level that sits above the 127.2% Fibonacci extension level and a swing-high resistance.
Take profit is at 8,305.54 which is an overlap support that aligns with the 23.6% Fibonacci retracement level.
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UK100: Potential Downside or Upside BreakoutHello,
CAPITALCOM:UK100 may experience a decline towards the 1M PP, with further downside anticipated. However, if the price manages to stabilize comfortably above the 1W PP, we could see an immediate upward movement.
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Bearish drop off pullback resistance?UK100 has reacted off the pivot and could drop to the 50% Fibonacci support.
Pivot: 8,376.10
1st Support: 8,189.17
1st Resistance: 8,478.60
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
The Impact of Social Influence on TradingIn today’s hyper-connected world, trading is no longer an isolated activity. Platforms like Twitter, Reddit, and YouTube have given traders unprecedented access to market opinions, analyses, and news. While this democratization of information might appear empowering, it has a darker side that often harms traders more than it helps. From recycled insights to misleading advice, social influence can distort perceptions and decisions.
1️⃣ The Illusion of Timeliness
Social media platforms flood traders with information, but much of it is already outdated by the time it reaches them. Algorithms prioritize engagement over relevance, so by the time a trend or news piece gains traction, professional traders and institutional investors have already acted on it. For instance, during the GameStop short squeeze in 2021, many latecomers who jumped on the bandwagon through Reddit lost significant amounts of money because they were reacting to stale signals.
Practical Tip: Always verify the recency and reliability of market information from primary sources like economic calendars or official reports before acting on social media posts.
2️⃣ Influencers Over Expertise
Many popular trading influencers are not professional traders; they are content creators seeking likes, shares, and followers. Their advice often lacks the depth and rigor required for real-world trading success. For example, influencers promoting high-leverage strategies or "guaranteed profits" often downplay risks, leading followers into reckless decisions.
Case Study: The collapse of several cryptocurrency influencers’ portfolios during the 2022 crypto crash left many of their followers stranded after trusting poorly researched investment advice.
Exercise: Before following advice, check an influencer’s track record. Are they transparent about their successes and failures? Do they share validated trades or just generic motivational content?
3️⃣ Taboo Topics Create Knowledge Gaps
Social media discourages the discussion of "unpopular" or complex topics, like risk management or tax implications, because these subjects don’t garner engagement. As a result, traders rarely encounter valuable lessons about the less glamorous but critical aspects of trading.
Example: While "10x your portfolio" content gets millions of views, nuanced strategies like position sizing, damage control vs. stops or hedging are often ignored, leaving traders ill-equipped to handle real-world risks.
Practical Tip: Seek out niche forums or dedicated trading communities that focus on in-depth topics rather than just mainstream narratives.
4️⃣ The False Promise of Easy Success
Social media is rife with posts showcasing unrealistic profits, often without context. These posts foster a gambling mentality, as traders are led to believe that consistent success is easy or guaranteed. For instance, flashy screenshots of six-figure profits from one trade are common, but the losses behind such gambles are rarely mentioned.
Theory: This plays into confirmation bias—people tend to believe what aligns with their desires while ignoring contradictory evidence.
Practical Tip: Keep a trading journal to focus on your own progress rather than being swayed by others’ exaggerated claims.
5️⃣ Echo Chambers Reinforce Poor Decisions
Social networks often create echo chambers, where traders only encounter opinions that confirm their biases. Traders who ignore dissenting views often find themselves unprepared for the eventual crash.
Exercise: Actively seek out opposing viewpoints and conduct your own analysis. If everyone agrees on a trade, ask yourself why the opportunity hasn’t been fully exploited already.
6️⃣ Overreliance on Opinions Instead of Data
Social networks are awash with opinions, but opinions aren’t facts. Traders who rely on unverified perspectives often miss out on the critical analysis needed to succeed. For instance, during the 2020 oil price crash, many social media users encouraged buying oil stocks "at a discount" without understanding the structural challenges facing the energy sector.
Case Study: Investors who followed such advice found themselves stuck in underperforming positions, while those who analyzed industry data navigated the downturn more effectively.
Practical Tip: Develop a data-driven trading plan and stick to it. Use social media as a secondary source, not your primary guide.
7️⃣ Emotional Contagion Amplifies Poor Decision-Making
The emotional tone of social media—whether it’s panic or euphoria—can cloud judgment. Herd mentality takes over, pushing traders to chase trends or sell prematurely. A prime example is the flash crash of May 2010, when panic spread through trading forums and social media, exacerbating market instability.
Theory: Behavioral finance research shows that emotional contagion spreads rapidly in high-stress environments, leading to suboptimal decision-making.
Exercise: Before reacting to a trending post, pause and assess your emotions. Are you making decisions based on logic or being swept up in the crowd's sentiment?
Social networks have undeniably changed the way we trade, offering quick access to information and broadening participation. However, the negatives—outdated information, influencers with ulterior motives, and emotionally charged environments—often outweigh the positives. Successful traders must recognize these pitfalls and cultivate independent thinking. Remember, the best trades come from your analysis, not someone else’s opinion.
UK100 Poised for Support Tests Before ReboundHello,
CAPITALCOM:UK100 is likely to face a downside move before resuming its upward trajectory, as the price appears to be positioning itself for support tests before continuing higher.
No Nonsense. Just Really Good Market Insights. Leave a Boost
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Falling towards overlap support?UK100 is falling towards the pivot and could bounce to the 1st resistance which is a pullback resistance.
Pivot: 8,199.44
1st Support: 8,071.06
1st Resistance: 8,404.02
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.