When I first set up FuturesTechs in 2000 one of the first things I did was move to Australia. We only ended up there for 18 months but in that time I met a chap who has remained a friend since, and who, like me, also writes a bit of Analysis on the markets. I am always interested to read
Here at FuturesTechs we cover the Futures for the following Indices on a daily basis.
Below are a few lines on each Index.
If you wish to have a free trial with no obligation please let us know.
DAX Futures – Ended 2013 making new highs for the year, and new all time highs. The first day of 2014 saw
…. I’m looking rather scruffy, I haven’t perfected it yet, but here’s a “draft” of the sort of thing we’ll be doing regularly here at FuturesTechs soon. Enjoy!
Key points from Bund, S&P and Gold Charts get a swift going over.
Chart action in Bond Futures has been pretty well behaved of late and things could be about to get a whole heap more interesting. Let’s take a look at what’s been, and what could be around the corner:
Chart 1: Bund Daily Candle Chart since June.
July 24th saw a break of a short term uptrend support line
We have been trying to get long of Cable for the last few days. On Friday our money management rules saw us scratch our first “go”, so no harm done there. Yesterday’s move down to 1.5143 stopped us out on our second attempt. Today we have once again suggested a long, which is small offside as we write.
Here is the chart
We write Analysis on a daily basis for over 30 different markets each day. Sometimes a chart comes along that smacks us in the face and says “Buy” or “Sell”. This doesn’t mean there’s a trade to do, as the risk/reward has to be right, as well as the market conditions.
This morning we’ve had one such moment, when looking at
Trade Idea: Buy USDCHF @ 0.9400
Target 1: 0.9495
Target 2: 0.9595
Yesterday we suggested that 0.9400 would be a good place to get long USDCHF, a trade that served us well last week. This trade didn’t get done yesterday but we have got back here this morning so it’s time to get long!
0.9385 was resistance
Yesterday’s FTSE Futures price action resulted in a powerful “Gravestone Doji” reversal pattern being posted on the Daily Chart.
If you’ve read “Candlestick Charts” by yours truly you’ll know this is a pattern with a Bearish implications matching it’s rather morbid sounding name. (If you haven’t read it you should click here and buy yourself a copy!).
A Gravestone Doji is a
Last Friday we noticed this on the EURJPY Chart:
This Cross had sold off back to trend support, and was sitting right on this line. We got long, sending out to our clients the following:
BUY – 123.25
Stop – 122.75
Target 1 – 124.70
Target 2 – 126.65.
We felt at the time that 50 pips was worth risking
An insight into how we look at the markets here at FuturesTechs Mews…
Trade Set Up: Pivotal Intraday level and bottom of previous days Value Area holds as resistance twice in early trade setting Initial Balance. A break above this signalled a Long trade and has been on side since