FX Rundown

"Actionable trading ideas that help you stay ahead of the markets." To find out more, send an email to: Info@bluelinefutures.com


Technical Spotlight - British Pound (June)

Technicals: The trend following system is Long Buy Trigger: 1.3997* May 7 Sell Trigger: 1.3863* Settle: 1.4101 OTE Unrealized Profit/Loss: $650.00 Bias: Bullish / Neutral Resistance: 1.4133** , 1.4229** Support: 1.3974** , 1.3911** ADX: 16.47 (ADX 14-day = Measures the strength of the current trend) Pivot Point = 1.3933 ATR = Average true range = 0.0093 Initial Margin $3,300 Maintenance Margin $3,000 Last Trade Date: June 14


Technical Spotlight - Canadian Dollar (June)


Technicals: The trend following system is Long Buy Trigger: 0.80655* April 26 Sell Trigger: 0.80482* Settle: 0.82555 OTE Unrealized Profit/Loss: $1,900.00 Bias: Bullish / Neutral Resistance: 0.83080** , 0.83570** Support: 0.82025** , 0.81460** ADX: 51.49 (ADX 14-day = Measures the strength of the current trend ATR = Average true range = 0.00538 Pivot Point = 0.81950 Initial Margin $1,760 Maintenance Margin $1,600 Last Trade Date: June 15


Technical Spotlight - Euro (June)


Technicals: The trend following system is Long Buy Trigger: 1.19890* April 15 Sell Trigger: 1.19761* Settle: 1.21500 OTE Unrealized Profit/Loss: $2,012.50 Bias: Bullish / Neutral Resistance: 1.22243** , 1.22684** Support: 1.20943**, 1.20084** ADX: 25.06 (ADX 14-day = Measures the strength of the current trend) Pivot = 1.20436 ATR = Average true range = 0.00668 Initial Margin $3,190 Maintenance Margin $2,900 Last Trade Date: June 14


Technical Spotlight - Japanese Yen (June)


Technicals: The trend following system is SHORT Buy Trigger: 0.925420* Sell Trigger: 0.913850* May 13 Settle: 0.914650 OTE Unrealized Profit/Loss: $-100.00 Bias: Bearish / Neutral Resistance: 0.923675** , 0.929288** Support: 0.911675** , 0.905288** ADX: 21.96 (ADX 14-day = Measures the strength of the current trend) ATR = Average true range = 0.005119 Pivot = 0.922290 Initial Margin $4,400 Maintenance Margin $2,900 Last Trade Date: June 14


Technical Spotlight - Swiss Franc (June)


Technicals: The trend following system is LONG Buy Trigger: 1.08870* April 16 Sell Trigger: 1.09809* Settle: 1.10920 OTE Unrealized Profit Loss: $2,562.48 Bias: Bullish / Neutral Resistance: 1.11720** , 1.12220** Support: 1.10380** , 1.09540** ADX: 23.93 (ADX 14-day = Measures the strength of the current trend) ATR = Average true range = 0.00666 Pivot = 1.10016 Initial Margin $4,400 Maintenance Margin $2,900 Last Trade Date: June 14


Technical Spotlight - Dollar (June)


Technicals: The trend following system is SHORT Buy Trigger: 91.31* Sell Trigger: 91.845* April 13 Settle: 90.318 OTE Unrealized Profit/Loss: $1,526.00 Bias: Bearish / Neutral Resistance: 90.75** , 91.30** Support: **89.78 , 89.40** ADX: 33.30 (ADX 14-day = Measures the strength of the current trend) Pivot = 91.06 ATR = Average true range =0.46 Initial Margin $2,090 Maintenance Margin $1,900 Last Trade Date: June 14


Technical Spotlight - Aussie Dollar (June)


Technicals: The trend following system is Long Buy Trigger: 0.77530* April 21 Sell Trigger: 0.77182* Settle: 0.77870 OTE Unrealized Profit/Loss: $340.00 Bias: Bullish / Neutral Resistance: 0.79200** , 0.80063** Support: 0.77180** , 0.76023** ADX: 21.11 (ADX 14-day = Measures the strength of the current trend) Pivot = 0.78879 ATR = Average true range =0.00731 Initial Margin $1,980 Maintenance Margin $1,800 Last Trade Date: June 14

Good luck and good trading, Phillip Streible Chief Market Strategist 312-858-7303 Phil@Bluelinefutures.com Follow us on Twitter: @BlueLineFutures Follow us on Facebook: Blue Line Futures Facebook page Subscribe to our YouTube channel: Blue Line Futures YouTube channel 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.

6 views0 comments

Recent Posts

See All