Relevant articles for you

Video

Clive Lambert - FuturesTechs
The FTSE could be on the cusp of a sell signal as the last four to five months are looking like a big head-and-shoulders, says Clive Lambert of FuturesTechs. He targets 6,260 if the neckline pattern at 6,688 is broken.
Day trade
Trade view / 07 October 2016 at 6:07 GMT

EURUSD bearish after break of key average

Partner at 3 C ANALYSIS / 3cAnalysis
United Kingdom
Background
The market continues to oscillate around the 13/100/20-day moving average area. Nonetheless, yesterday saw the most aggressive negative move for 14 trading days. This took EURUSD to the lower end of the recent range and, in late trading, through the 200-day moving average. This downside has deepened in Asia and has growing potential for a reactive move. Nonetheless sentiment is negative with potential to expand towards August's lows.

Management and risk description

A move to 1.1088 means the stop can be lowered to break even.

Parameters

Entry: Sell in 1.1120/25 area and any 1.1153 rally.

Stop: 1.1187 bid.

Target: 1.1088, 1.1067 or even 1.1046.

Time horizon: Intraday ending London 1pm. 

Through average
Through Average
 Selling deepens
Selling Deepens
 Long term
Long Term
 All charts from CQG. Create your own charts with SaxoTrader; click here to learn more
 

— Edited by Susan McDonald

Non-independent investment research disclaimer applies. Read more
07 October
Ricardo Fernandes Pereira Ricardo Fernandes Pereira
I think we are stopped out!

Disclaimer

The Saxo Bank Group entities each provide execution-only service and access to Tradingfloor.com permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to Tradingfloor.com and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to Tradingfloor.com is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on Tradingfloor.com or as a result of the use of the Tradingfloor.com. Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through Tradingfloor.com your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. Tradingfloor.com does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail