Globex trade suggestions made yesterday

Last evening, before 8 pm EST, we sent out trade suggestions to our subscribers. This brief article describes the accuracy of calls we make each day. We have actual phone calls and messages coming in from subscribers who we are extremely happy for in trading to our recommendations and implementing stops in line with our calls. The numbers are purely magical. We trade to them ourselves and have the results to prove it but this post is not about us. It is about you, the reader and if you want to take your trading to the next level without having to sit in a chat room all day waiting for the lead trader to tell you when to enter and exit. Profit from our guidance. For just the cost of 1-tick/day, we deliver precise entry/stop/exit suggestions that will change the way you look at the markets for ever. Email us at info@tradeguidance.com. Our website will be coming soon with content that is relevant for traders. We did not want to hurry up and put something out there which would serve no purpose to our subscribers and would-be subscirbers.

Emini Dow (YM)

Based on the early Globex trade suggestion, the direction of the Dow the rest of the session is likely to be determined by overnight trader reaction to the short-term band between 24155~2407. We may cycle up a tad bid for the YM futures (10~25 points) from the upper range of that band but our opinion is that we will fail that test and head on back lower in a hurry!

Here is an image of what we called for our subscribers last evening well before any of the Globex price action transpired.Check the chart and the price action since 8 pm last evening and make your own judgment!

Globex-YM-2-8-18

Emini S&P (ES)

Based on the early Globex trade, the direction of the index today is likely to be determined by overnight traders reaction to the short-term band between 2613~2604.50. We may cycle a tad bit higher than the upper limit here but beyond that appears far-fetched for now.

Here is an image of what we called for our subscribers last evening well before any of the Globex price action transpired. Check the chart and the price action since 8 pm last evening and make your own judgment!

ES-2-8-18

6E Euro

The Euro is likely to pull-back in the Globex session driven by speculation about ECB action as it relates to currency buoyancy related to the equity market moves across the Globe. We are therefore calling this a short from the levels suggested while suggesting that you manage your trade into the early session when we do expect a recovery.

Here is an image of what we called for our subscribers last evening well before any of the Globex price action transpired.

6E-Globex-2-8-18