EURO STOXX 50 FUTURES ANALYSIS - Emini Index Futures Trading | futures io social day trading
futures io futures trading


EURO STOXX 50 FUTURES ANALYSIS
Updated: Views / Replies:1,310 / 9
Created: by MARS Attachments:18

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

EURO STOXX 50 FUTURES ANALYSIS

  #1 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

EURO STOXX 50 FUTURES ANALYSIS

Market opened with a small upward gap which was filled immediately and market explored whether lower prices would attract Sellers but instead reactive Buyers were found at 2996, which was to be LoD. Market was then trendless untill the US data was released at 2.30 pm (Berlin Time).

First reaction was negative but very soon Buyers took the lead and the opening level was reached and passed.
Buyers did not loose the grip and the market ended near its HoD (3061).

At 3017, POC is above Thursday value and there are two HVN, one at POC level and the other one in the 3026-41 area.



Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).



As can be seen on the 1 day graph, result is a green candle with a lower shadow. Volume of the day is lower than the previous day and the candle is also shorter. Market ended at the upper hedge of the ICHIMOKU cloud, between MA 50 (in pink in the graph) and MA 20 ( in dark blue in the graph). Shikou span is just below the candle line.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H ICHIMOKU graph, we can see that Shikou Span is above the candle line, prices are above Kijun Sen and almost above the cloud. Stoxx is on the verge of breing on a bullish mode on the TU.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


On the 4H graph, we can see that MA 44 ( in orange on the graph) and MA 23 ( in violet in the graph) are on support.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Candle of the week is green with a rather long lower shadow. Volume is bigger than the one associated to the big red candle, prior to the doji. On the short term (couple of weeks ?) reaching upper BB (3155) seems a reasonable bet. Weekly PP is at 3009 for the coming week. Prices ended above on Friday. R1, at 3074 is a target which seems at an easy reach.

3041 (upper end of friday's value) is a first support, then 3022 (upper end of a former ID range) and below LoD/MA44/Kijun Sen (2996/00) and further below LoW (2943).
On the resistance side, above HoD 3059 there is MA 20 (3066), R1 and former HoD (3074/79 and then R2 (3108).

As there are no important data to be released tomorwwo, unless there is an unexpected newslfow, I am expecting the day to be trendless within a 3026-3076 range.

Have a nice Sunday evening.

Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

Missing graphs


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

1 day graph.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

4H ICHIMOKU graph


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

1 week graph.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #4 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

A BLACK CLOUD BUT WITH SMALL VOLUME

Non globex market opened at 3052 with an upward gap with which was filled before 10 am and a first low was made at 3034. Reactive Buyers entered then into the market but where not able to push prices above opening level. Sellers then pushed harder and LoD was reached (3026) shortly after noon. Reactive Buyers then came back and market ended the non globex session at 3033.

At 3038, POC is higher than Monday (3016) and value is centered on POC.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


As can be seen on the 1 day non globex graph, candle of the day is red and forms a black cloud over the previous candle. Volume is however very small if compared with the previous days and I therefore would not pay too much attention to today's session.

This post will be followed by another one after closing of the globex session (10 pm Berlin time).

Reply With Quote
 
  #5 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

TRADED VOLUME DOES NOT WORTH ANOTHER POST

Today's volume is so low that market presentation made on Sunday evening is still valid with basically support and resistance levels being the same.

Relaese of janet Yellen's speach at 2.30 pm (Berlin time) shall give the trend for the day.

Take care, much volatility might be ahead.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #6 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

AN UP DAY

Globex open was with an upward gap and incentive Buyers made a first test of the 3068 resistance. At such level, reactive Sellers entered into the market and made prices retreating to opening leve, shortly after Janet Yelen's testimony release at 2.30 Berlin timel.

At 3047, reactive Buyers where there again but this time reactive Sellers gave up the 3068 resistance and non-Globex session ended at 3077. During the night session, what could be short position buying back happened and 3093 (HoD) was hit. Globex ended at 3083.

At 3062, POC is higher than Monday and there is an HVN at 3060.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Result is a grren candle, almost a loop belt (actually a loop belt for the non globex candle). Prices ended above the cloud, MA 20 and Kijun Sen. Shikou Span is almost above the candle line but it has to be confirmed tomorrow.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Prices are now above the cloud with Tenkan sen and Kijun Sen in support. Market is in bullish mode in this TU.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

On the 4H graph, I traced a rising channel. MA 44 and 23 are in support.


I would not be surprised to see a retracement of Tuesday rise on Wednesday.

3068 (former resistance) is a first support with MA 20 (3061) not far then 3045 (LoD) and 3025 (former LoD and MA 23). Finally 3008 (Weekly PP and MA 44).
On the resistance side we have R2 (3106) then 3130 (former HoD) and finally 3177 (2014 top).

Have a nice trading day.

Reply With Quote
 
  #7 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

THE UPWARD MOVE NEEDS SOME FUEL

Market opened rouglhy where it closed Tuesday. After shily exploring whether lower prices would attract Sellers, making its LoD (3081), incentive Buyers entered the market and regularly pushed prices up. HoD (3111) was reached prior Mario Draghi's speach, not far from R2 (3008). At such level, reactive Sellers entered into the market which ended at 3099.

POC is at 3093 and volume of the day is smaller than yesterday.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Result is a small green candle with two small shadows. Shikou Span struggles to go over the candle line.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

On the 4H ICHIMOKU graph, Tenkan Sen is at 3085 and Kijun Sen at 3052, giving support levels in the case of a retracement tomorrow.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

On the 4H graph, I traced a rising wedge and I noted higher prices while fast stochachastics second top is lower than the first one, advocating for a retracement.

3085/87 (Tenkan sen/LoD) is a first support, 3050 (Kijun Sen and MA 23) is a second and stronger one.
On the resistance side, above HoD (3111) there is 3128 (former HoD) then 3177 (2014 top).

Have a nice trading day.

Reply With Quote
The following user says Thank You to MARS for this post:
 
  #8 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

A PHONY UPWARD DAY ?

Market opened with a downard gap and after making a shy attempt to fill early morning, incentive Sellers took the lead and market dropped to 3063, which is to say MA 23 4H level, making there its LoD. After the US figures were released, reactive Buyers entered into the market and pushed it up, filling the gap at the end of the non-globex session, fixing at 3098. During the night session, some short covering happened and market closed at 3109.

At 3075, POC is lower than yesterday and value is concentrated between 3065 and 3090, giving the globex session a "d" shape.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

The non-globex 1 day graphic shows a doji after four upward days, at BB level, with fast stochastics at top.
There is the risk of a double top at 3111.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

On the globex 1 day graph, you can see that Shikou Span is still struggling to go above the candle line.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

On the 4H ICHIMOKU graph, Kijun Sen at 3068 and Teakan Sen at 3087 are giving two seupport levels in the case of a retracement tomorrow.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

On the 4H graph, I traced a rising channel with MA 23 being the supporting oblique.


3111 (Wednesday HoD) is a first resistance, then 3126, 3147 and 3164, former HoD and finally 3178, 2014 top.
On the support side, 3090 (top of Thursday value) is a first level then MA 23H and Kijun Sen (3068) and below LoD (3063). Further below there is 3024/26 (MA 44 4H and a former LoD).

The doji that can be seen on the non globex 1 day graph shall give a negative biais in my trading as long as prices are below 3099 mark.

I would not be surprised to see the market ranging tomorrow within 3060 - 3120.

TGIF.


Last edited by MARS; February 14th, 2014 at 12:19 AM. Reason: forgetting Kijun Sen as support
Reply With Quote
The following user says Thank You to MARS for this post:
 
  #9 (permalink)
Trading for Profit
VERSAILLES FRANCE
 
Futures Experience: Advanced
Platform: PRO REAL TIME
Broker/Data: WHS
Favorite Futures: GERMAN BONDS AND NOTES FUTURES
 
MARS's Avatar
 
Posts: 553 since Jan 2013
Thanks: 42 given, 657 received

UP IS THE TREND BUT FOR HOW LONG ?

Market opened with a small downard gap, filled it and shily explored whether lower prices would attract Sellers. At 3094 (LoD) reactive Buyers entered into the market and pushed the market up, back to opening level first and with the subsequent follow through upto 3126. Market then traded in a 3126-3104 range and ended at 3120.

At 3120, POC is much higher than Thursday and there is an HVN at POC level.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Result is a rather small green candle. Volume is on the low side.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

On the 4H ICHIMOKU graph, Tenkan Sen (3107) and Kijun Sen (3080) are giving two support levels would the market retrace on Monday.


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

On the 4H graph, we can see that prices are still in the upward channel with MA 23 as supporting oblique..


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

On the weekly graph, we can see a green candle with a lower spike and much less volume than the previous candle. The upward move may soon loose its momentum but upper BB, at 3158, seems a logical target prior to an eventual downturn.

Weekly PP is at 3091. Prices ended higher on Friday evening, therefore R1, at 3160, is again a logical target.

I am therefore expecting the market to reach soon 3160. After reaching such mark an horizontal drift is the more likely pattern.

Would the market open below, 3127 is a first resistance, then R1 (3160) target and resistance at the same time.
As support I do see 3107 (Tenkan sen) then 3080/85 ( MA23 / Kijun Sen) and further below MA 44 at 3045.

Tomorrow the US are closed and I am therefore expecting a very quiet day.

Have a nice evening.

Reply With Quote
 
  #10 (permalink)
Trading Apprentice
Estonia
 
Futures Experience: Beginner
Platform: Ninjatrader, Metatrader 4, Metatrader mobile
 
Posts: 14 since Nov 2010
Thanks: 65 given, 4 received


Delete all you'r indicators, they give you no advantage. Read the chart-tape, the highs and lows

Reply With Quote

Reply



futures io > > > > EURO STOXX 50 FUTURES ANALYSIS

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Trading mini euro ( E7) or micro euro (M6E) currency futures ??? rw48gmx Currency Futures 115 November 14th, 2017 04:58 PM
VWAP trading on Euro Stoxx 50 and DAX Ralph07 Elite Trading Journals 66 April 11th, 2013 03:50 AM
Euro Stoxx vs. DAX futures josh Emini Index Futures Trading 9 September 4th, 2012 05:08 AM
Top 50 Reasons Why Futures Traders Lose Money iTrade2golf Psychology and Money Management 2 February 22nd, 2012 11:40 AM
Webinar Trading Video: Live Trading and Technical Analysis of EuroStoxx 50 max-td Trading Reviews and Vendors 1 March 13th, 2010 07:35 AM


All times are GMT -4. The time now is 10:25 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-10 in 0.17 seconds with 20 queries on phoenix via your IP 54.221.73.186