EURUSD Forex - EDGE OF THE ENVELOPE

Technically the MKT is in a NEUTRAL TRANSITION with sentiment leaning negative and flirting with a negative turn. Opportunity exists on both sides of the equation however the threat of an acceleration of the negative momentum outweighs the buy side if the integrity of the previous session high remains intact.

Key off the 12297 Inflection Pivot for an indication of the session tone. If the MKT is going to remain stable it will not do much trading below here. If so the negative momentum is expected to dominate.

On the SELL side accept BREAKOUT, FADE and REVERSAL strategies with the expectation that the current positive to negative transition will continue. Keep aggressive position management on BREAKOUT strategies below 12297 as the MKT is still in the neutral zone and has yet to commit to a new trend. A more conservative strategy would be to wait for positive reactions after a negative signal to FADE into against 12373. The trade should be fluid with the MKT immediately giving background after any positive squeeze. 12449 is the high point for any positive squeeze if the negative signal is going to play out and FADE and REVERSAL signals should be excepted.

On the BUY side avoid FADE strategies of the 12297 support area until after the previous session high point or major resistance has been taken out to confirm a break in momentum. Until then a better opportunity will be a REVERSAL strategy but only off 12297. This is a one shot trade using a low risk big profit target criteria. The idea is that the transition trade is over and a positive shift back into a NEUTRAL DIGESTION is expected. BUY BREAKOUT strategies above 12449 can be profitable but they are aggressive and should use the same aggressive position management as a REVERSAL. Risk less go for more.

Note: The MKT is trying to shift from a positive to a negative trend position. False starts and stops should be expected and position management adjustment anticipated, as quick momentum turns are the norm in this technical environment.

JS

Join our "LIVE" TRADE ROOM and learn JS Services Strategy Based Trading approach using CLEARBOX automated strategies! For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/ and sign up for a Complimentary FREE Trial.

DAX Futures - MIXED SIGNALS

Technically the MKT is in a BEAR TREND ACCELERATION position and is vulnerable to the offer. Any positive corrective action is expected to be short lived with only one upside "stop squeeze" if the negative moemtnum is going to play out. Any held strength and repeated probe higher is a sign that the trade will turn digestive. This does not take away from the negative bias but does limit the profit potential for any new sales in the session.

Key off the 5949 Inflection Pivot today. This is the top the market's BEAR TREND structure and the high point for any upside squeeze if the negative signal is going to retain its influence.

On the SELL side accept FADE, REVERSAL and BREAKOUT strategies below the 5949 level. BREAKOUT strategies below 5812.5 should just "go", so do not risk much. FADE strategies are recommended over REVERSAL strategies at 5881 and 5949 as the MKT is expected to hold lower structure and any momentum shift should be considered a potential positive corrective turn.

On the BUY side avoid REVERSAL strategies off major support levels as these signals are more likely short squeeze rallies and opportunities to SELL into and FADE. BREAKOUT strategies above 5881 and 5949 are a long shot, so risk less and go for more. Any BUY FADE off the 5812.5 support pivot should have confirmation and are not recommended if the integrity of the previous session high is intact. After a break in the negative structure confirmed support levels can be used for short term reactions using aggressive position management.

Note: The MKT is in an aggressive sell posture. If the previous session high is intact its just a matter of time before the sellers try to overwhelm the MKT. Look for excuses to get short. If the previous session high is breached opportunity will be on both sides of the MKT, however the bias still rests with the Bears.

JS

Join our "LIVE" TRADE ROOM and learn JS Services Strategy Based Trading approach using CLEARBOX automated strategies! For more information please contact me at info@jsservices.com. You can also visit http://www.jsservices.com/ and sign up for a Complimentary FREE Trial.