Monthly Archives: September 2013

S&P500 e-mini Analysis & Forecast, September 6th 2013 (English Language)

Hello traders,

Here below please find attached the analysis and forecast for the S&P500 e-mini futures for today September 6th, 2o13:

Price of the S&P500 bounced off the all the way half way back from June lows and participation from program trading entered the equity index long in the 1630 area. This new long setup that is being respected has targets in the 1.740 area.

S&P500 e-mini futures contract, daily chart - September 6th, 2013

S&P500 e-mini futures contract, daily chart – September 6th, 2013

These are the scenarios I could anticipate for the S&P500 going forward:

Scenario 1. Price continues higher into the 1730 to 1740 area of target that would satisfy both the long setups in place (on the weekly and daily timeframes). This looks like the most probable scenario at the moment.

Scenario 2. However, if price moves south to retest the 1630 area and breaks that level and the 1611 level, we could see price moving back again to the 1570 area. The probability of this scenario is small at the moment, but things could change at the next FOMC meeting.

If you want to have  access to trading plans, watch weekly video reviews as I develop or record them, or get information on setups (before they happen) for the Euro-Dollar cross, the S&P500 index and some high volume  stocks, please subscribe my newsletter. It’s free and you get additional content like market commentaries, setups, e-books, articles on HFT and program trading, learning material on my method and video-analysis that I don’t make available on my blog.

Thank you for subscribing should you decide to do so. Lots of other people are doing the same.

If you intend using this information for your trading please do your own due diligence, find the advice of a trading professional and trade at your own responsibility. The information provided is for educational purpose only. Please read the Disclaimer and accept all the risks. Thank you.

Have a good day

Advertisements

Leave a comment

Filed under English language, Futures, S&P mini futures setups and trades, Trading Plan

EUR/USD Analysis & Forecast, September 6th 2013 (English Language)

Hello Traders,

The EUR/USD pair has bounced right at the 1.3110 area indicated in yesterday’s video provided in my Newsletter (if you are not a subscriber yet, subscribe here for free). Those who follow me know that the longer term target is at the 1.4100 area.

The Euro did not continue trading in extension, as it would naturally do (go back and study past years’ price action), but a lot of events are going on (i.e. war winds in Syria, FED to tamper or not quantitative easing, etc.). We could now see two potential scenarios unforl, with the 1st scenario being the most probable (see below picture):

EUR/USD daily timeframe September 6th 2013

EUR/USD daily timeframe September 6th 2013

Scenario 1. Price bounced off the 1.3110 area and now it has a target in the 1.3610 area, helping price into that 1.41 area of longer term target. This is also the high probability scenario.

Scenario 2. There is a possibility for price to continue lower and retest and break the 1.3110 area. We know that second tests are dangerous tests and price could keep sliding to test, for the 4th time, the 1.2880 area. For now this is an outcome we cannot remove.

I send a free Newsletter in the weekend and provide updates throughout the week. You have still time to subscribe. The newsletter typically includes: a weekly review for the Euro-Dollar cross, my FibStalker View on Currencies focusing on Forex pairs, articles on my trading method, market commentaries and HFT/Program Trading. Please, register here to receive the free weekly newsletter.

If you like this article, please share it with your friends and fellow traders. Thank you.

If you want to receive such videos, please subscribe my free newsletter.

Thank you in advance for subscribing should you decide to do so. Lots of other people are doing the same.

Should you decide to operate based on this information you are invited to do your own due diligence, consult a registered trading professional, as well as, understand the risks involved. This information is for educational purpose only. Please read the Disclaimer and accept all involved risks.

Have a great evening.

Leave a comment

Filed under English language, Euro FX analysis and trade setups videos, Forex, Trading Plan