Friday 01/29/2010 - Euro FX Futures Review/Analysis

Euro FX (EUR/USD) Futures
I didn't have time to post the Key Levels for the 6E last night, but they worked out fairly well today. I scalped the 6E for a bit; but my main focus was the ES, which I believe had better price action today. Click on the 5-min Chart to see how the day played out in the Euro FX futures. Have a great weekend!

EC/6E 5-Minute Chart for 01/29/10

Thursday 01/28/2010 - Euro FX Futures Review/Analysis

Euro FX (EUR/USD) Futures
Starting to get a hang of the rotations in 6E. Overall, this contract trades very nicely. It's a relatively thin market so it overshoots Support/Resistance areas sometimes, but those are also good opportunities to get into a trade and scale out on the rotation.

EC/6E 5-Minute Chart for 01/28/10

Thursday 01/28/2010 - E-Mini S&P 500 Futures Review/Analysis

E-Mini S&P 500 Futures Review/Analysis
Some great setups in the ES today. I was busy with work most of the day and only executed two trade sequences: Long at 1076.75 on the pullback around 11:45 AM (cst), and then Short at 1086 near the end of day. I should have Shorted higher in the 1088 area as I posted on Twitter, but I was busy trading the 6E and can only focus on one instrument at any given time since I'm trading off a laptop.

ES 5-Minute Chart for 01/28/10

Thursday 01/28/2010 - Key S/R Levels (Brief)

Again, too busy with school and don't have time for a full post with charts.

E-Mini S&P 500 Futures
In the ES, the areas of Resistance are 1107.25-1109, 1114-1115.25, 1119-1122, and finally 1127. Areas of Support are 1090.50-1091.50, 1086-1088, and 1080-1082.

Euro FX (EUR/USD) Futures
In the 6E, overnight resistance is at 1.4043-4055, followed by 4072-4082, 4100-4110, 4145-4160.

Econ Data
Durable Goods Orders and Jobless Claims at 7:30 AM (cst), EIA Natural Gas Report at 9:30 AM (cst).

Wed. 01/27/2010 - Euro FX Futures Review/Analysis

Euro FX (EUR/USD) Futures
So far, I'm really liking the price action in 6E. It's a trader's market offering swift swings in both directions. I traded the 6E today, and the Key was to keep losses small (that's true of trading any market though). The instrument offers more than enough entries, so I just focused on keeping losses to a minimum and re-entering at the next setup. The rest took care of itself. Going forward, I'll definitely be focusing on 6E in addition to ES.

EC/6E 10-Minute Chart for 01/27/10

Tuesday 01/26/2010 - Euro FX Futures Review/Analysis

Euro FX (EUR/USD) Futures
Although I've only recently started looking into the 6E and have a lot more studying to do, the Key Levels are working out great here. Check the annotated chart to see how the Levels worked out today.

EC/6E 10-Minute Chart for 01/26/10

Tuesday 01/26/2010 - Euro FX Futures Key Support/Resistance Levels

Euro FX (EUR/USD) Futures

Econ Data
International

CHF UBS Consumption Indicator at 1:00 AM (cst)

EUR German IFO - Business Climate (JAN), EUR German IFO - Current Assessment (JAN), EUR German IFO - Expectations (JAN), EUR Euro-Zone Current Account n.s.a. (euros) (NOV) at 3:00 AM (cst)

GBP Gross Domestic Product (QoQ), GBP Gross Domestic Product (YoY) and GBP BBA Loans for House Purchase (DEC) at 3:30 AM (cst)

U.S.
Redbook at 7:55 AM (cst), S&P Case-Shiller HPI at 8:00 AM (cst), Consumer Confidence and State Street Investor Confidence Index at 9:00 AM (cst)

EC/6E - Daily Chart with Volume Profile and Key Levels

Monday 01/25/2010 - Euro FX Futures Review/Analysis

Euro FX (EUR/USD) Futures
Last night was the first time I compiled Key Levels for the Euro FX futures, and overall, they worked out pretty well. The high on the Euro FX was just 3 ticks below the Resistance Zone. The initial support area around 4132 also held pretty well. Similar to the ES, the Euro remained range-bound within the Initial Balance for most of the U.S. day session.

EC/6E 5-Minute Chart for 01/25/10

Monday 01/25/2010 - Key Support/Resistance Levels (Euro FX Futures)

Euro FX (EUR/USD) Futures
I've started looking into the Euro FX Futures. The symbol for this contract is @EC in TradeStation and 6E (6EH0) in Infinity AT. I've just started studying this market so I'd appreciate any insights anyone provide about this instrument. Please post your experience and insights in the Comments section. If you have detailed insights you'd like to share, I could even add it to the Blog under it's own post.

Econ Data
EUR German GfK Consumer Confidence Survey at 1:00 AM (cst) and Existing Home Sales at 9:00 AM (cst).

6E - Daily Chart with Volume Profile and Key Levels