|
2/1/2017 0 Comments FTSE 100 Open your February trades with very clear break out signal in FTSE 100 from level 7100 which broke since 2006. clear pull back is happening right now. Entry point is 7099, and because I usually give more room to indices trades, so my stop loss to protect my trade is around 7000. Even 7050 level also is a good level to place your stop loss there indeed. Time frame as you can see in the chart above is daily, so you should wait at least a week to see the result. Very classic, and clean chart with a great risk to reward ratio.
0 Comments
Leave a Reply. |
|
Risk Disclosure
DISCLAIMER: Futures, stocks, Forex, and options trading involves substantial risk of loss and is not suitable for every investor. The valuation of futures, stocks, Forex, and options may fluctuate, and, as a result, clients may lose more than their original investment. The impact of seasonal and geopolitical events is already factored into market prices. The highly leveraged nature of futures trading means that small market movements will have a great impact on your trading account and this can work against you, leading to large losses or can work for you, leading to large gains. You are responsible for all the risks and financial resources you use and for the chosen trading system. You should not engage in trading unless you fully understand the nature of the transactions you are entering into and the extent of your exposure to loss. If you do not fully understand these risks you must seek independent advice from your financial advisor. Copyright © 2014-2021
|
|