Author Archive
US Market Pre-Open 2013-6-18
Posted by: | Comments
| ES | NQ | |
| AH High | 1639.50 | 2976.50 |
| AH Mid | 1635.88 | 2970.63 |
| AH Low | 1632.25 | 2964.75 |
ES Chart 2013-06-17
Posted by: | CommentsReal-time Commentaries 2013-6-18
Posted by: | CommentsUS Market Pre-Open 2013-6-17
Posted by: | Comments| ES | NQ | |
| AH High | 1634.75 | 2969.50 |
| AH Mid | 1626.25 | 2952.63 |
| AH Low | 1617.75 | 2935.75 |
Real-time Commentaries 2013-6-17
Posted by: | CommentsFree Symbol Rotation (Week of 2013-6-16)
Posted by: | CommentsDear traders,
Free Symbol Rotation Update:
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AUDUSD Jun 17 to Jun 21 Outlook
Posted by: | Comments
Lawrence’s Comment
Aussie bounced back to resistance as expected early in the week. But instead of crashing downward, it held Y-1 and then zoomed back up to Y-0. Closed the week below Y-0 and above midpoint.
Outlook
Gold dictated Aussie’s every move last week. Not the best environment to trade this pair unless you monitor gold closely.
4 Hour bear flag clearly in place so a retest of B-0 downto Y-1 likely. If Aussie holds there, a run to B+1 and breakout to B+2 will be in play.
The more likely outcome is bear flag breakdown with a retest of B-1.
USDJPY Jun 17 to Jun 21 Outlook
Posted by: | Comments
Lawrence’s Comment
Instead of a quite week, we got Japanese officials who refused to shutup. That guaranteed the flush to new low for us when ninja failed to clear the pre-breakdown level. Closed the week below Y-1 and near week low.
Outlook
Long term support around 92.
Intervention at B-1 will send it back up to B-0 easily. As long as B-0 upto Y-0 acting as resistance, I think ninja has to move down to 92 first before bottoming out on weekly basis.
Real-time Commentaries 2013-6-19
Posted by: News Robot | Comments (0)