FTSE 100 (Futures) - Trading Tips

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 04 Nov 2009

Update 08:00 GMT
Current Level: 5045
Support: 4982, 4965
Resistance: 5088, 5145

Warren Buffet's purchase has changed investors optimism on the world economy and this is why we did not fall below our second important support level.

From here, our bearish view is (for now at least) temporarily on hold and look to go long until our main hurdle of 4965.

Some key data today which may falter todays rally is US Employment (1:15pm GMT) and the FED's Interest Rate decision (19:15).

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 05 Nov 2009

Update 08:45 GMT
Current Level: 5048
Support: 5002, 4985, 4965
Resistance: 5097, 5144

After the FED announcement last night markets took a turn for the worse and gains from the Dow were virtually all wiped out.

However, we are still within the range of 4965-5144. So as long as our important support level of 4965 is not broken, we remain bullish and continue to buy on any dips. However, if we close below our first support of 5002 today, this will be a warning sign that the market is about to head lower - so keep an eye on this!

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 06 Nov 2009

Update 08:45 GMT
Current Level: 5122
Support: 5096, 5000, 4965
Resistance: 5144, 5179, 5270

An excellent run by the FTSE yesterday but still not above the crucial 5144 handle. Nevertheless, we remain bullish and will be decided after the employment figures from the US today at 1:30pm GMT. The US unemployment rate is the most important piece of data that will be watched closely - Market expects 9.9%, if it is higher than this, expect a huge sell-off. If it is 9.9% or lower, the markets will resume higher.

 

[GladiatorX]

You say 'Maybe, may, maybe this will happen, we might do this'

If you want to CALL trades say
Entry:
Stop loss:
Exit:

Otherwise stop half calling the markets by saying
'Maybe the FTSE will go up, maybe it will go down, maybe we will stay flat... Its possible that the US market will lead, its possible that the US market is leading again'
Then after
' Right enough, the US markets lead'

Stop all that rubbish and call the markets or don't bother.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 09 Nov 2009

Update 09:00 GMT
Current Level: 5174
Support: 5144, 5092
Resistance: 5206, 5270

The US Employment data initially saw the market sell off from 5140 down to 5055. This was then bought into and saw the market head higher.

This reaction from the bulls means we are still ready to go higher, so will retain our bullish stance. Our main hurdle on the upside is 5270 so will keep buying upto here.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 10 Nov 2009

Update 08:30 GMT
Current Level: 5230
Support: 5202, 5144
Resistance: 5270, 5369

We had a nice little rally on thin volume seeing the market get to a high of 5242 in overnight trade. If you are still long, I would target 5260-5270 and then go short from here target back down to 5202 and a tight stop at 5285.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 11 Nov 2009

Update 08:15 GMT
Current Level: 5260
Support: 5202, 5144
Resistance: 5270, 5369

Our levels did a great job yesterday and we were spot on with our first support at 5202.

The bulls now need to see through 5270 which they are challenging as we write this. Above here there are no major hurdles until 5369.

We continue to buy on dips with tight stop losses as long as 5202 holds firm.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 12 Nov 2009

Update 09:00 GMT
Current Level: 5255
Support: 5202, 5144
Resistance: 5270, 5300, 5369

Markets did pretty much nothing yesterday and back to where we were.

5270 will be a tough resisitance to break in the short term. On the downside we need 5202 to hold firm to continue backing the bullish run.

We are currently neutral to bullish and will continue buying dips: around the 5210 area is a good place to go long with a target of 5260 and a tight stop loss of 5188.

 

[TZ Futures]

FTSE 100 (DEC) Trading Tip : 13 Nov 2009

Update 08:00 GMT
Current Level: 5262
Support: 5202, 5144
Resistance: 5270, 5300, 5369

Markets moving sideways and our view is exactly the same as yesterday.

We broke through the 5270, but still failed to close above this. We will wait for a pullback to go long again: Around 5210, target 5260 and a tight stop loss of 5188.

 

[TZ Futures]

We have now moved all of our levels into one place:
http://www.trade2win.com/boards/uk-...-trading-levels-ftse-oil-gold.html#post976576