SP Futures
Sorry men... it gets hard for us to post anyplace in realtime.
Friday Recap
Buy EU in the 2735 place
• CT commerce -- looking for a move back up beyond 1.30
• Trgts 2770 for scalp
• 2nd trgt TSP @ 2830
• Hold remainder BE with support at 2700
2. Short side scalp from 2840 area [ current long still open]
• Trgts 2810/2800
• SL 2865
• Risk 20% of original long position profits
• ed in 5 pips rest to BE
• 2810 reach
3. Brief side scalp to protect long; one longer. Same number set.
Risk 10 percent of long side profits [current long still open]
Longer term looking to hold if service builds above 2780; looking for a BO over H4 TL
====
EU long Goal was a move back over 1.30 EU overnite hello: 2940 place
MAX SL was 2850 for lockin on Staying part of long from 2735 area
===Looking to scale in GU Short
Ranges for Resistance: 4560 /4670/4762
This can be for a potential move back towards 1.41 and reduced...no hurry can await ISM release. We'll see price action after ISM vs the 4560 and 4600 levels
Any entrances prior to the launch ought to be miniscule. We'll upgrade later
====
Mkt move fasted ... shorted a small size pre --release from below 4500...took it as a scalp for 50 pips.
We'll update GU analysis after the ISM
====
quickly mkt:
AU Resistance in the 6650 Area
Searching for a move down towards 6400 and potentially reduced.
Will review for entry after the ISM. We scalped a small size brief for 25 pips during the rapid move down pre-release.
=====
ay R 60.80 place
Can brief small size pre ISM release or just wait.
Searching for a move back to 60.00 and reduced
====
we took half at various S/R and left remainder BE several; shut out remainder before conclusion of Friday.
We had UY brief form 91.90 area w R @ 92.40/60
we took small profit on this and shut it out.
It may bulge down sunday but we chose to close any remaing shorts.
=================
finish
I hope some buying of UY inside the month as I suspect BOJ won't allow it to stay below 90.00 for any elongated amount of time.
Currently I am building a long position with assistance only below 85.00
when 85.00 is brokenup, I will make an assessment based on the price action around the time of this break. I'm using extremely low leverage.
Lately there was a similar type commerce with with EY with assistance at 116.00
presently EY is above 125.00