(LIVE) UK100 INTRADAY COVERAGE - SEE UPDATES SECTION
Updated
Just like the title suggests I will be tracking the UK100 futures live throughout the day with updates regarding entries, stops, targets etc.
Make sure to stay tuned and pay attention to the updates.
Like and comment if you find this helpful.
Disclaimer:
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Make sure to stay tuned and pay attention to the updates.
Like and comment if you find this helpful.
Disclaimer:
For risk and money management purposes, always determine a max. of 2% risk on every trade.
For example on a $50,000 account, this would be equivalent to 1,25 Lots with an 80 pip stop loss.
Targets and closure of positions may be subject to alteration throughout the course of the trade. This is due to the ever-changing and unpredictable nature of the market.
This post is set to be used and serve as an example and in an educational manner and is not to be taken as direct investment advice.
Note
supply and demand zones outlined on the chart
the asset could give a 2x bottom and shoot up to retest the POC
Note
giving us a wedge-like formation on the 1m. Indicating a reversal?Note
if prices breaks and closes out of the wedge i will set a buy stop above the light blue lineNote
Pending buy stop @ 7659Note
price is moving to the downside againlooks like it's going to complete the 2x bottom which works better
in that case i will cancel my current pending buy and choose another better level
Note
breaking out nicely - will wait for a 1m flag to formNote
Note
price took off - unfortunately didn't get a proper setup to jump inNote
will still monitorNote
back into the demand zone it goesNote
inverse head and shoulders formed
buy stops above the neckline
Note
order cancelled as price tanked yet again
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.