Technical analysis and trade opportunity of S&P 500 Futures

Hi,

I would like to make this post short and simple with pending order of S&P futures and possibly explain the reason why I took that trade in a day or two.

Set pending buy order around 2388

Set Stops around 2380

Target First 2410

Second 2418

Chart to help you understand why I took that trade

Price Action is wasted without Liquidity Gap and reaction

Hi Readers,

I have been quite busy recently in my other financial projects, so I did not post quite often but whenever I have time I do my best to post and update about recent price patterns and oppprtunities.

I would cover this topic in the next 30 days, and like you all to bookmark this page for every update that possibly will change the way you approach price action.


To be continued.....

Price Action is quite subdued in Loonie ---Look for short setup around 1.3470

Hi, Its quite a while since any recommendation, the reason  being busy schedule. Beside being a currency trader I have my own business of selling products to e-commerce sites.

Recent price actuon has not changed quite a lot in Euro and pound as market still searching for yearly low and high.

Point of concern here is usd/cad and I am still watching rejectuin around 1.338 quite thin one and every effort beyond this line has been rejected and today's price action was no different.

I would soon try to lost a chart as  my target still is 1.3200 and we would see how price unfolds from here.

If we see new low below 1.3270 and then we will plan to sell around 1.3380 and stop would be 13405 and target would be straight off around 1.3190

Stay tuned for the chart and levels