$ES_F and $6E_F 19/06/13

Market is filling in thin areas of profile – action seems to be capped by high volume zones for now.

Watching 1615/20 and 1650/53 – the 2 areas from the shifting developing value line that I was looking at on 28th May:

https://twitter.com/atoast2toast/status/339490806467538944

The ESM13 (June) 1656 area is ESU13 (September) 1650 now – The most traded prices on adjusted levels are 1620 and 1650.

The balance I am using is from the break and hold above 1600. Value Areas are marked at 1615/1653.5.

main_2013_atr

EURUSD:

Haven’t seen the Euro going this direction in the summer for a few years. In similar style to ES, EUR is filling in volume vacuum areas that it trended through in the past.

euro_composite_trend

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s