I've a bearish bias on the EURUSD based on capital outflow due to the low yield on Bunds vs much more attractive US treasury yield. In a nutshell I've short straddled FXE at 111 until Aug expiry and longed a 104/122 strangle until year end. Back in June 26 When EURUSD @ 1.165 I sold the FXE AUG 111 straddle for @2.70 with IV at 7.98. This gave me breakevens at...
above 105.64 to confirm the count wave C of flat to complete XX wave
Been a busy last several days of moving into a new residence, but I'm back and ready to publish more ideas than ever. Thank you for sticking with me! The FXE, an ETF that tracks the value of the Euro, has been devastated in recent weeks due to political turmoil especially in Italy, but also in Spain. The Euro has the look and feel of a falling knife, but a...
my sl is 118 entry is @113 and tp is 106... on monthly and weekly there is bearish momentum... on monthly the hma has crossed the bb avg that is bearish tendencies. the weekly candels dont show a compreshion posture its looking for direction it seams.. if you look at it on a daily tmframe it is falling off a cliff... this is a longer term position timeframe is...
... for a 1.35/contract debit. I seem to be taking quite a few directional shots lately. Here's a neutral to bearish one in the Euro proxy (FXE) where I paid 1.35 for a two-wide (67.5% the width of the spread).
Case for FXE Bear Put Spread Next week’s ECB meeting seems unlikley to result in increased rates tapering while the Fed is actively unwinding QE Softer EU inflation data, manufacturing PMI’s, and Italian elections keep pressure low on Draghi to tighten despite solid GDP statistics Recent US equity spike in volatility likely to be top of ECB voters’ minds. Target...
Here my first technical analysis. AMEX:FXE I wondering if a doubletop is completing at 116.43, also I noticed a divergence on volumes. in case of failure I will switch to long. Regards, Gianluca
11/26/17 – November, outside month up, bullish month. Full timeframe continuity to the upside. Starting to railroad track on the weekly. We will see what New actionable signals December brings. Nearing high, be cautious of exhaustion.
On the Daily chart we see a beautiful pattern. The 113 level on FXE (EURO) has been resistance since 2015. We've tested that area 5 times. Finally in July, we broke though, came back and retested, and now we are bouncing off of that level. A beautiful pattern here. The base since 2015 has been forming for 2 years, so this looks like an amazing opportunity to...
The open interest (OI) on the 15-Sep-17 115.00 strike increased by 1,669 call contracts and decreased by 3 puts. The total OI for the expiration was increased by 15,370.
Monthly Chart of FXE shows ADX crossing and DI+ trying taking over dominance. Parabolic is too far from Price Action. One month FXE might tend lower.
If we take a look at FXE, wave 4 is emerging, so my view shorts are welcomed in eurusd, longs for usd index...IMO, gl & gt
Nice pop and now consolidating. Buy if the break upward.
Basically, a synthetic short FXE position with some put side flexibility in the event that I am totally wrong ... . Metrics: POP%: 46% Max Profit: $95/contract Max Loss/BPE: $105/contract BE's at 102.04/105.96 Theta: .38 Delta: -22 Notes: Shooting for 50% max ... .
i see a new low on FXE that follows EURUSD. On weekly we have a bearish breakout with a possible retracement going on. I see a retracement up to falling window at 118 level. Possible completion of Bearish cyper. But deff a chart to keep a eye on throughout this year. and next Keep on radar. 1.618 extension will move to 93 level. 2.618 extension could bring to 83 level.
FXE Short @ 108.36; TP 106, SL your choice
With the French elections now in the rear-view mirror, the Euro is at 1.10-ish at Asian open, and I'm looking to watch and short /E6 or FXE after seeing how far the spot forex pair goes here. Typically, the currency doesn't move all that much in the Asian session, so I kind of want to see what the European market does with the news before committing to a short...
FXE JUNE 16TH 105/108 SHORT CALL VERTICAL The first of the two setups is a "static" short call vertical with a break even around 106 resistance. Metrics: Probability of Profit: 58% Max Profit: $120/contract Max Loss: $180/contract BE: 106.20 Notes: Look to manage at 50% profit. FXE JUNE 16TH 107 SHORT CALL/SEPT 15TH 110 LONG CALL DIAGONAL This particular...