FTSE 100 IndexUpdated UK Stock Market Post Inflation Data, Where Next?
UK Inflation readings just came in and the UK govt is raving about it. Well needed gratification is in order due to the current dire political situation (we won't talk politics)..
Their promise was to halve inflation and their positive sentiment/rhetoric along with US news yesterday is creating bullish atmosphere within the UK main Stock Market, the FTSE 100.
I mentioned previously about long entries, of which have progressed to the upside significantly:
This relied heavily on a Technical view with other Fundamental aspects in mind. Price Action in Markets must always be used as a means of identifying where traders and investors alike are entering and exiting the Market.
That's because if you are joining them it gives weight to your entries and their potential direction and movement further. This couples well with Market Sentiment which ultimately rules the Financial Markets and leads people to buy and sell.
The current rise is also giving way to technical approaches and sentiment, or Market Mood persists to the upside.
Looking for further entries and exits as stated in this video.
Watch to learn.
Their promise was to halve inflation and their positive sentiment/rhetoric along with US news yesterday is creating bullish atmosphere within the UK main Stock Market, the FTSE 100.
I mentioned previously about long entries, of which have progressed to the upside significantly:
This relied heavily on a Technical view with other Fundamental aspects in mind. Price Action in Markets must always be used as a means of identifying where traders and investors alike are entering and exiting the Market.
That's because if you are joining them it gives weight to your entries and their potential direction and movement further. This couples well with Market Sentiment which ultimately rules the Financial Markets and leads people to buy and sell.
The current rise is also giving way to technical approaches and sentiment, or Market Mood persists to the upside.
Looking for further entries and exits as stated in this video.
Watch to learn.
Note
Locking in long side entry gains.Note
If you relonged dip, you may be OK to hold for longer term gains.Note
Lock in gains.Note
Holding longs still.Note
Still in longs PRE autumn statement (could be rocky), Hopefully :)Note
Holding longs on recent minor uptrend.Note
Optimistic comments from UK govt RE growth but no real impetus to upside. Maintaining long bias on Techs.Note
Maintaining long entries further.Note
Lock in gains on longs. Looking further for shorts higher up (key resistance).Note
Out for gains. Turning short.Note
Kill all longs. look short.Note
In new shorts further.Note
Kill shorts for gains.Note
Re-Shorts.Note
Re shorts at highs on current momentum (and GDP data)Note
Note
Re-shorts ideal.
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.