The Best Way To Trade A Ranging Index (FTSE100)
Many Indices will range from time to time, often as the direction for that particular economic zone becomes less clear.
That is typical for the FTSE, and at the moment worries around the highly anticipated UK budget are keeping it stalled.
This range has been repeated for a long period of time and gives you a gauge of the acceptable value of the Index right now amongst the vast amount of traders/investors alike.
It must be understood that an eventual break is likely, either up on risk on, or down on risk off (either globally, or specific to the FTSE and it's investor confidence levels).
For me, I like to look short nearer highs, long nearer lows. The longer this goes on, the lower the risk level must be as an inevitable break will come.
This is better as oppose to trying to 'guess' where investment will go in, or out of the FTSE. This strategy similarly can be applied to any other index when it stalls or indeed when it is in clear up/downtrend.
That is typical for the FTSE, and at the moment worries around the highly anticipated UK budget are keeping it stalled.
This range has been repeated for a long period of time and gives you a gauge of the acceptable value of the Index right now amongst the vast amount of traders/investors alike.
It must be understood that an eventual break is likely, either up on risk on, or down on risk off (either globally, or specific to the FTSE and it's investor confidence levels).
For me, I like to look short nearer highs, long nearer lows. The longer this goes on, the lower the risk level must be as an inevitable break will come.
This is better as oppose to trying to 'guess' where investment will go in, or out of the FTSE. This strategy similarly can be applied to any other index when it stalls or indeed when it is in clear up/downtrend.
Note
Exit shorts, trade in stages on fall.Note
Lock in gains on shorts, longs sitting lower.Note
Straight to target. Kill all shorts.
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bit.ly/learnttm
Free Discord Secret Server:
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Posts Not financial advice.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
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.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.