$6E_F – 30/04/13

That Euro Range is still in place and the 1.3190 HVN from the 2007-2013 profile was the HoD today. Market moves are rarely one-way and dealers understand that the majority of the time intra-day markets are range-bound (around 80 %), so any sharp move (gap) is likely to be faded by dealers who have the…

the Pledge, the Turn, and the Prestige

The success of an act of illusion solely depends upon the deftness with which its three parts viz. the Pledge, the Turn, and the Prestige are performed. – The Prestige (2006) Sign of nervousness on the long side (twitter hacking and sudden 10 pt drops not helping either): Low conviction buying, lots of selling (NVPOC…

#ES_F, #6E_F – Sell in May

Sell in May and go away, come back on St Leger Day I am not watching the market actively at present and it looks like I am not missing too much. I left some markings on my chart for sellers at 78/83 from 04/11-04/12 – the sellers are there again as this template shows: Sell…

$ES_F 12/04/13

Trying to stay focused and not want to fight the FED however: Price outside Bollinger Bands Areas of interest (if it *ever* falls): 1564/68 multi day highs 1554.75 HVN 1548.5 MCPOC

$FGBL – Euro-Bund Futures 12/04/13

I need to study bunds longer to get a better feel for how it trades. Observations: broke downward trend line turned at LVN 144.92 (3 buy signals on 20k chart, buy volume confirmation) returned to test the Settlement area / Wednesday NVPOC at 145.82 marked yesterday 145.5 HVN key support 146.17 04/08 NVPOC Updated at…

$6E_F – 11/04/13

Back in the old range – 1.3136 was the March Contract level high. On the June contract it is 1.3143 – the Major LVN, todays high. It could be too much too soon for EURUSD. Flying too close to the sun.

$ES_F long term targets11/04/13

As unbelievable as it seems what I wrote on 04/02 is still happening: Ok, it made its monthly low in the 2nd week of the month, there is no perfection in this game. The targets therefore have moved a few points lower but the original range is very reachable. (updated chart – target area reached…