Italy Gold and FTSE MIB 40 Stocks Trading Strategy (Ideas)



[Italy Market List]


Meaning of terms :
▷ BUY the Dip : The current price is higher than the entry price. Buy when price drops to/below the entry price.
▷ BUY the Breakout : The current price is lower than the entry price. Buy when price breaks upward through the entry price. ( When price moves above the entry price level.)
▷ SELL the Bounce : The current price is lower than the entry price. Sell when price rebounds to/above the entry price.
▷ SELL the Breakdown : The current price is higher than the entry price. Sell when price breaks downward through the entry price.  (When price moves below the entry price level.)


Italy Gold and FTSE MIB 40 Stocks Trading Strategy (Ideas)
FTSE MIB index mini-Futures (MINI) :
Underlying: FTSE MIB index.

Contract size: Future price x Multiplier.
Quotation: Index points.
Tick size (in index points): On-book trading: 5 and Orders to execute Negotiated Transactions: 1.
Multiplier (value of 1 index point): € 1.
Settlement: Cash settled.

Daily settlement price: Defined by Cassa di Compensazione e Garanzia (CC&G) according to the quantity-weighted average of the last 5% of contracts traded before 17.38 CET.

Contract months: The 2 nearest quarterly months of the Mar/Jun/Sep/Dec cycle.

Expiry day: The third Friday of the expiry month at 9.05 CET. If the Exchange is closed that day, the contract expires on the first trading day preceding that day.

Last trading day: Expiry day, until 9.05 CET.

Settlement day: The first open CC&G calendar day following the expiry day.

Trading hours:
(1) Opening auction: 7.45 - 8.00 (8.00.00 - 8.00.59) CET
(2) Continuous trading: 8.00 - 22.00 CET.

FTSE MIB index Futures (FIB) : Underlying: FTSE MIB index. Quotation: Index points. Tick size (in index points): On-book trading: 5 and Orders to execute Negotiated Transactions: 1. Multiplier (value of 1 index point): € 5. Contract size: Future price x Multiplier. Settlement: Cash settled. Trading hours: Opening auction: 7.45 - 8.00 (8.00.00 - 8.00.59) CET / Continuous trading: 8.00 - 22.00 CET. Expiry day: The third Friday of the expiry month at 9.05 CET. If the Exchange is closed that day, the contract expires on the first trading day preceding that day. Last trading day: Expiry day, until 9.05 CET. Daily settlement price: Defined by CC&G according to the quantity-weighted average of the last 5% of contracts traded before 17.38 CET. Settlement day: The first open CC&G calendar day following the expiry day. Contract months: The 4 nearest quarterly months of the Mar/Jun/Sep/Dec cycle.

FTSE MIB Index (Milano Indice di Borsa). Milan Stock Exchange (MIL) : The benchmark stock market index for the Borsa Italiana, the Italian national stock exchange. The index consists of the 40 most-traded stock classes on the exchange. The index was administered by FTSE Group, which is 100% owned by the Borsa Italiana's parent company London Stock Exchange Group. Italian Bourse is based in Milan and is Italy's only stock exchange.