• 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 (March)

Technicals: The trend following system is Long

Buy Trigger: 1.3444* December 15

Sell Trigger: 1.3229*

Settle: 1.3552

OTE Unrealized Profit/Loss: $675.00

Bias: Bullish / Neutral

Previous Session Bias: Neutral

Resistance: 1.3706** , 1.3881**

Support: 1.3277** , 1.3023**

ADX: 19.19

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

Pivot Point = 1.3235

ATR = Average true range = 0.0154

18 EMA: 1.3424 < 40 EMA:1.3324 = Bullish Trend

EMA = Exponential Moving Average

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

Last Trade Date: March 15

Technical Spotlight


Canadian Dollar (March)

Technicals: The trend following system is Long*

Buy Trigger: 0.76795* November 6

Sell Trigger: 0.77203*

Settle: 0.78075

OTE Unrealized Profit/Loss: $1,280.00

Bias: Bullish / Neutral

Previous Session Bias: Bullish / Neutral

Resistance: 0.78410* , 0.78665**

Support: 0.77555** , 0.76955**

ADX: 39.00

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

ATR = Average true range = 0.00495

Pivot Point = 0.78615

18 EMA: 0.77923 > 40 EMA 0.77378 = Bullish Trend

EMA = Exponential Moving Average

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

Last Trade Date: March 16

Technical Spotlight


Euro (March)

Technicals: The trend following system is Long

Buy Trigger: 1.18735* November 5

Sell Trigger: 1.20803*

Settle: 1.22110

OTE Unrealized Profit/Loss: $4,218.75

Bias: Bullish / Neutral

Previous Session Bias: Bullish / Neutral

Resistance: 1.22865** , 1.23453**

Support: 1.21571**, 1.20863**

ADX: 34.08

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

Pivot = 1.21608

ATR = Average true range = 0.00755

EMA: 1.21608 > EMA 1.20574 = Bullish Trend

EMA = Exponential Moving Average

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

Last Trade Date: March 15

Technical Spotlight


Japanese Yen (March)

Technicals: The trend following system is Long

Buy Trigger: 0.964850* November 18

Sell Trigger: 0.963360*

Settle: 0.965950

OTE Unrealized Profit/Loss: $137.50

Bias: Bullish / Neutral

Previous Session Bias: Neutral

Resistance: 0.969700** , 0.972450**

Support: 0.963800** , 0.960650**

ADX: 20.60

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

ATR = Average true range = 0.004969

Pivot = 0.961503

18 EMA: 0.964832 > 40 EMA 0.961503 = Bullish Trend

(EXPMA = Exponential Moving Average)

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

Last Trade Date: March 15

Technical Spotlight


Swiss Franc (March)

Technicals: The trend following system is Long

Buy Trigger: 1.11590* November 6

Sell Trigger: 1.12375*

Settle: 1.12470*

OTE Unrealized Profit Loss: $1,099.99

Bias: Bullish / Neutral

Previous Session Bias: Bullish / Neutral

Resistance: 1.13450** , 1.13950**

Support: 1.12440** , 1.11930**

ADX: 31.88

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

ATR = Average true range = 0.00665

Pivot = 1.13660

18 EMA: 1.12546 > 40 EMA 1.11726 = Bullish Trend

(EXPMA = Exponential Moving Average)

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

Last Trade Date: March 15

Technical Spotlight


U.S. Dollar (March) Technicals: The trend following system is Short Buy Trigger: 90.887* Sell Trigger: 92.486* November 5 Settle: 90.250* OTE Unrealized Profit/Loss: $2,236.00 Bias: Bearish / Neutral Previous Session Bias: Bearish / Neutral Resistance: 90.660** , 91.318** Support: 89.635** , 89.268** ADX: 33.67 (ADX 14-day = Measures the strength of the current trend) Pivot = 89.692 ATR = Average true range =0.523 EMA: 90.718 < 40 EMA 91.455 = Bearish Trend (EXPMA = Exponential Moving Average) Initial Margin $2,090; Maintenance Margin $1,900 Last Trade Date: March 15 Technical Spotlight


Good luck and good trading,

Phillip Streible

Chief Market Strategist

312-858-7303

Phil@Bluelinefutures.com

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If you have any questions about markets, trading, or opening an account, please let us know!

You can email us at info@BlueLineFutures.com or call 312-278-0500

BlueLineFutures.com

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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