Archive for the 'EUR/USD Futures' Category

The EURO FX Futures Consolidating

Friday, April 27th, 2007

Today, the Euro FX Futures has made another new high. The price action only tagged the upper side of the support zone on the daily chart. But, there is a slight loss of upward momentum, so I would not be surprised if the market pulls back to the support zone. Ultimately, I continue to expect […]

The EURO FX Futures Starting to Consolidate

Thursday, April 26th, 2007

Today, the Euro FX Futures is pulling back. So far, the price action has yet to test the support zone on the daily chart. I lean towards that the market will get down there. However, I continue to expect higher prices because the recent extreme daily RSI readings are above 62. A trading range will […]

The EURO FX Futures Moving Sideways

Friday, April 20th, 2007

Today, the Euro FX Futures made another new high, but sellers have come in. The market is correcting the recent rally by moving sideways over the last three days. The tightness of the range indicates a strong market. I continue to expect higher prices because the recent extreme daily RSI readings are above 62. A […]

The EURO FX Futures Maybe Stalling

Thursday, April 19th, 2007

Following yesterday’s advance, today, the Euro FX Futures are trading within yesterday’s range. Considering yesterday’s high was the fifth higher high in a row, a correction is due. But, I continue to expect higher prices because the recent extreme daily RSI readings are above 62. A trading range will be signaled once the RSI forms […]

Another New High for the EURO FX Futures

Wednesday, April 18th, 2007

The Euro FX Futures have made another new high. I continue to expect higher prices because the recent extreme daily RSI readings are above 62. A trading range will be signaled once the RSI forms a pivot high on the RSI below 62.

The Aggregated TradeFlow chart is set to 5-ticks range (available in CQG 7.5) […]

EURO FX Futures Continue to Advance

Tuesday, April 17th, 2007

The Euro FX Futures continue to trend higher. And, I still expect higher prices because the recent extreme daily RSI readings are above 62. A trading range will be signaled once the RSI forms a pivot high on the RSI below 62.

The Aggregated TradeFlow chart is set to 5-ticks range (available in CQG 7.5) with […]

EURO FX Futures Trade Higher

Monday, April 16th, 2007

Another new high this morning for the Euro FX Futures. I continue to expect higher prices because the recent extreme daily RSI readings are above 62.

The Aggregated TradeFlow chart is set to 3-ticks range (available in CQG 7.5) with my two custom studies plotted (both are set to five-bar look back periods). Currently, the market […]

EURO FX Futures Breakout to the Upside

Thursday, April 12th, 2007

Today, the market has cleared the resistance zone. I continue to expect higher prices because the recent extreme daily RSI readings are above 62.

I have added an Aggregated TradeFlow chart set to 3-ticks range (available in CQG 7.5) with my two custom studies plotted. Currently, the market is trending upwards, and is consolidating right above  […]

EURO FX Futures Holding at Resistance

Wednesday, April 11th, 2007

Yesterday, the Euro FX futures (EUR/USD pair edged through the upper side of the resistance zone. Today, the market is pulling back. I continue to expect higher prices because the recent extreme daily RSI readings are above 62.

I have added an Aggregated TradeFlow chart set to 3-ticks range (available in CQG 7.5) with my two […]

Buyers Bid Up the EURO FX Futures

Tuesday, April 10th, 2007

Yesterday, the Euro FX futures (EUR/USD pair tested the demand line of the up trend channel and closed slightly below it. However, sellers could not gain control and buyers have come in and bid the price back up to the upper level of the resistance zone.

I continue to expect higher prices because the recent extreme […]

Thom Hartle’s View of Trading and the Financial Markets