• Phillip Streible

Blue Line - FX Rundown

"Actionable trading ideas that help you stay ahead of the markets."


To find out more, send an email to:


Info@bluelinefutures.com


British Pound (December)

Technicals: The trend following system is Flat

Buy Trigger: 1.3014*

Sell Trigger: 1.2787*

Settle: 1.2946

OTE Unrealized Profit/Loss: $0.00

Bias: Neutral

Previous Session Bias: Neutral

Resistance: 1.3092**, 1.3489****

Support: 1.2674**, 1.2260****

ADX: 18.82

(ADX 14-day = Measures the strength of the current trend)

Pivot Point = 1.3056

ATR = Average true range = 0.0116

18 EMA: 1.2945 < 40 EMA:1.2947 = Bearish Trend

EMA = Exponential Moving Average

Initial Margin $3,300; Maintenance Margin $3,000

Last Trade Date: December 14

Technical Spotlight

Canadian Dollar (December)

Technicals: The trend following system is Flat

Buy Trigger: 0.76303*

Sell Trigger: 0.75350*

Settle: 0.756225

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: 24.79

(ADX 14-day = Measures the strength of the current trend)

Pivot Point = 0.75420

18 EMA: 0.75788 > 40 EMA 0.75606 = Bullish Trend

EMA = Exponential Moving Average

Initial Margin $1,760; Maintenance Margin $1,600

Last Trade Date: December 15

Technical Spotlight

Euro (December)

Technicals: The trend following system is Long

Buy Trigger: 1.18400* October 20

Sell Trigger: 1.16075* Stop close only

Settle: 1.18400

OTE Unrealized Profit/Loss: $0.00

Bias: Bullish / Neutral

Previous Session Bias: Neutral

Resistance: 1.19410***,1.20450****

Support: 1.17417* , 1.16300***

ADX: 18.16

(ADX 14-day = Measures the strength of the current trend)

Pivot = 1.17020

ATR = Average true range = 0.00682

EMA: 1.17833 > EMA 1.17744 = Bullish Trend

EMA = Exponential Moving Average

Initial Margin $3,190; Maintenance Margin $2,900

Last Trade Date: December 14

Technical Spotlight

Japanese Yen (December)

Technicals: The trend following system is Flat

Buy Trigger: 0.953010*

Sell Trigger: 0.946850*

Settle: 0.948850

OTE Unrealized Profit/Loss: $0.00

Bias: Neutral

Previous Session Bias: Neutral

Resistance: 0.0095370**, 0.0096275****

Support: 0.0094310**, 0.009363****

ADX: 25.26

(ADX 14-day = Measures the strength of the current trend)

ATR = Average true range = 0.003739

Pivot = 0.943432

18 EMA: 0.948596 > 40 EMA 0.947440 = Bullish Trend

(EXPMA = Exponential Moving Average)

Initial Margin $4,400; Maintenance Margin $2,900

Last Trade Date: December 14

Technical Spotlight

Swiss Franc (December)

Technicals: The trend following system is Flat

Buy Trigger: 1.10311*

Sell Trigger: 1.08240*

Settle: 1.10470

OTE Unrealized Profit/Loss: $0.00

Bias: Neutral

Previous Session Bias: Neutral

Resistance: 1.11000**, 1.11500****

Support: 1.09250**, 1.07820****

ADX: 18.50

(ADX 14-day = Measures the strength of the current trend)

ATR = Average true range = 0.00607

Pivot = 1.09139

18 EMA: 1.09700 > 40 EMA 1.09520 = Bullish Trend

(EXPMA = Exponential Moving Average)

Initial Margin $4,400; Maintenance Margin $2,900

Last Trade Date: December 14

Technical Spotlight

U.S. Dollar (December)

Technicals: The trend following system is Short

Buy Trigger: 94.504* Stop close only

Sell Trigger: 93.051* October 20

Settle: 93.051

OTE Unrealized Profit/Loss: $0.00

Bias: Bearish / Neutral

Previous Session Bias: Neutral

Resistance: 93.71* , 93.935**, 94,815****

Support: 92.720**, 91.760***

ADX: 18.80

(ADX 14-day = Measures the strength of the current trend)

Pivot = 93.794

ATR = Average true range =0.503

EMA: 93.525 < 40 EMA 93.606 = Bullish Trend

(EXPMA = Exponential Moving Average)

Initial Margin $2,090; Maintenance Margin $1,900

Last Trade Date: December 14

Technical Spotlight

Good luck and good trading,

Phillip Streible

Chief Market Strategist

312-858-7303

Phil@Bluelinefutures.com

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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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