Tag Archive FTSE

FTSE 100 in for the Long Haul

With the rapid climb of Indices such as the FTSE 100, in the last couple of weeks, and with the prospect of further highs with Brexit news.

With a correlation with GBP, a weak GBP means a lot of FTSE 100 companies will produce greater profits, so a reach of 8,000 for the FTSE could be hit this year, we’re optimistic, albeit with a few dips along the way, it’ll be reached.

Sit tight and wait it out for FTSE Long.

FTSE 100

 

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*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose




Correlation trade on GBPUSD and FTSE 100 12th Oct +£52.10 Profit

A representation of how correlation works. As the value of pound rises, the FTSE 100 decreases in value, and why? Well because assets require more purchasing power when the pound decreases in value. Aiming for 13180 as a trade target but I was happy with current profit so I closed out. However, in hindsight, I should have held for a little bit longer because it absolutely smashed through my target and is in the 133 area.

FTSE

If you want to learn how to make money online, then click here to learn about one of our Traders

*Please Note, Binary Options and Forex trading can carry a high level of risk to your capital as you could lose all of your investment. These products may not be suitable for every investor, therefore ensure you understand the risks and seek independent advice. Invest only what you can afford to lose




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