- Phillip Streible
Blue Line - FX Rundown
"Actionable trading ideas that help you stay ahead of the markets."
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British Pound (December)
Technicals: The trend following system is Flat
Buy Trigger: 1.3070*
Sell Trigger: 1.2779*
Settle: 1.2904
OTE Unrealized Profit/Loss: $0.00
Bias: Neutral
Previous Session Bias: Neutral
Resistance: 1.3092**, 1.3489****
Support: 1.2674**, 1.2260****
ADX: 21.77
(ADX 14-day = Measures the strength of the current trend)
Pivot Point = 1.3077
ATR = Average true range = 0.0122
18 EMA: 1.2940 < 40 EMA:1.2943 = Bearish Trend
EMA = Exponential Moving Average
Initial Margin $3,300; Maintenance Margin $3,000
Last Trade Date (Dec 14)
Technical Spotlight
Canadian Dollar (December)
Technicals: The trend following system is Flat
Buy Trigger: 0.76303*
Sell Trigger: 0.75350*
Settle: 0.75625
OTE Unrealized Profit/Loss: $0.00
Bias: Neutral
Previous Session Bias: Neutral
Resistance: 0.76420**, 0.77000**** Support: 0.75430**, 0.75000***, 0.74550****
ADX: 24.93
(ADX 14-day = Measures the strength of the current trend)
Pivot Point = 0.76327
18 EMA: 0.75633 < 40 EMA 0.75503 = Bearish Trend EMA = Exponential Moving Average
Initial Margin $1,760; Maintenance Margin $1,600 Last Trade Date (Dec 15)
Technical Spotlight
Euro (December)
Technicals: The trend following system is Flat
Buy Trigger: 1.18210*
Sell Trigger: 1.16799*
Settle: 1.17115
OTE Unrealized Profit/Loss: $0.00
Bias: Neutral
Previous Session Bias: Neutral
Resistance: 1.18450**, 1.19410***,1.20450****
Support: 1.16300***
ADX: 19.66
(ADX 14-day = Measures the strength of the current trend)
Pivot = 1.18361
ATR = Average true range = 0.00679
18 EMA: 113.81 < EMA 115.56 = Bearish Trend
EMA = Exponential Moving Average
Initial Margin $3,190; Maintenance Margin $2,900
Last Trade Date (Dec 14)
Technical Spotlight
Japanese Yen (December)
Technicals: The trend following system is Flat
Buy Trigger: 0.953010*
Sell Trigger: 0.945090*
Settle: 0.948900
OTE Unrealized Profit/Loss: $0.00
Bias: Neutral
Previous Session Bias: Neutral
Resistance: 0.0095370**, 0.0096275**** Support: 0.0094310**, 0.009363****
ADX: 30.84
(ADX 14-day = Measures the strength of the current trend)
ATR = Average true range = 0.004137
Pivot = 0.943432
18 EMA: 0.948518 > 40 EMA 0.947293 = Bullish Trend
(EXPMA = Exponential Moving Average)
Initial Margin $4,400; Maintenance Margin $2,900 Last Trade Date (Dec 14)
Technical Spotlight
U.S. Dollar (December)
Technicals: The trend following system is Flat
Buy Trigger: 94.259
Sell Trigger: 93.134
Settle: 68.37
OTE Unrealized Profit/Loss: $0.00
Bias: Neutral
Previous Session Bias: Neutral
Resistance: 93.935**, 94,815**** Support: 92.720**, 91.760***
ADX: 18.75
(ADX 14-day = Measures the strength of the current trend)
Pivot = 93.925
ATR = Average true range =0.473
18 EMA: 66.51 > 40 EMA 65.50 = Bullish Trend (EXPMA = Exponential Moving Average)
Initial Margin $2,090; Maintenance Margin $1,900 Last Trade Date (Dec 14)
Technical Spotlight
Good luck and good trading,
Phillip Streible
Chief Market Strategist
312-858-7303
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You can email us at info@BlueLineFutures.com or call 312-278-0500
These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Futures trading involves a substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete, and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.
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