WE HAVE JUST LAUNCHED JUNE TRADE SHEET.
After my sunday detailed post on possible strategies (note my recos on ES, EURJPY) all of which have done exactly what I suggested. Bulls (risk markets) have a shown a semblance of fight but note the thin liquidity which may just be making things easier for them to play the counter trends.
Todays charts setups and analysis. Please roll down to the Falcon updates as well.
ES has bounced off those 1260 levels and if you note what I wrote yesterday, then you will remember how ES was bouncing off 1260 levels. Now a good 16 handles above those levels. I will expect a retest of 1269 to test this move towards 1300.
I sincerely hope some of you noted the conviction with which I had recommended that EURJPY trade at 97.
The trade was a beautiful bollinger confluence of25,2 and 100,2 lower bands. That almost always produces reversals. On top of that you had Falcon EUR/JPY helping you with a clean breakout at 97.2.
This could be a big trade as CADJPY is about to make an inside day at an important confluence zone. Am
going long with a target of 77.
Gold is pushing it SMA boundary at 1619 and a real chance of an inside day at the end of short squeeze. I am short this pair to 1591 at least
GBPUSD is about to make an inside day as well. What makes this inviting is that it comes in vicinity of an important confluence.
While Capital3x trading has been light, the indicator subs have nothing to worry as Falcon on EURUSD and EURJPY would have made your day as they manufuactured more than 100 pips in counter rally out of thin air.
Indicator Membership: INDICATOR MEMBERSHIP
- The May Live Trade Sheet
- The May Live Trade Room
- C3X Performance FX portfolio
- The Bond auction schedule can be found here: Bond schedule
- The speaker schedule can be found here: Speaker schedule
The Indicator links are provided here:
1. Falconfx EUR/USD
2. Falconfx EUR/JPY
3. Falconfx USD/CAD
4. Gladiator ES
Mark
