Futures - watchlist - trendlines

General discussions about futures.
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billpritjr
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Futures - watchlist - trendlines

Post by billpritjr »

Just wanted to throw these out there for banter, these are the futures that both enjoy high volume and also appear to be in established trends

Please comment (I am still learning)

US Dollar Index - long downtrend, possible LONG when 83.0 area is penetrated to upside

Soybeans - sideways pattern, possible LONG when 575 penetrated to upside

Gold - uptrend, possible SHORT when 430 penetrated to downside

EuroFX - uptrend, possible SHORT when 1.31 penetrated to downside

Corn - gradual downtrend/sideways, possible LONG when 215 penetrated to upside


please re-check my chart reading/trendlines, I am in the last "learning pre-real trade" stages of futures and want to hear some comments, advice

thanks
edward kim
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Re: Futures - watchlist - trendlines

Post by edward kim »

billpritjr wrote:US Dollar Index - long downtrend, possible LONG when 83.0 area is penetrated to upside

Soybeans - sideways pattern, possible LONG when 575 penetrated to upside

Gold - uptrend, possible SHORT when 430 penetrated to downside

EuroFX - uptrend, possible SHORT when 1.31 penetrated to downside

Corn - gradual downtrend/sideways, possible LONG when 215 penetrated to upside

please re-check my chart reading/trendlines, I am in the last "learning pre-real trade" stages of futures and want to hear some comments, advice

thanks
if you adjust your charts for different types of axis scaling (logarithmic, exponential, and compression are some basic examples), you might want to see if your chart/reading yields the same results.

Edward
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