This is a sample of Brian’s email newsletter, The Cullen Outlook.
This is from the Formation Finder portion from May 10th.
To gain access to these charts and all of the trade ideas in full…
sign up for a FREE 30 day trial.
June CANADIAN DOLLAR:
After a 5 day, 300 point sell-off…today we saw some support near a familiar 77.00 level!
If interested in playing a bounce here, the risk wouldn’t have to be much more than UNDER yesterday’s low of 76.82
The June 76.50 put can be purchased as protection for roughly 50 points ($500.00)
Or for an outright option play to go LONG, look at the June 76.00 call for 56 points ($560.00)
Have a look:
Try dt Newsletter for 30 Days
dt Newsletter Trial - The dt Newsletter delivers featured commodity futures market information directly to your inbox. Published weekly, it is designed to help futures traders of all levels accomplish their trading goals.
dt Newsletter includes access to premium web content.
dt Newsletter includes an email newsletter subscription.
dt Newsletter trial lasts 30 days.
Learn Futures Technical Analysis from a Pro with The Cullen Outlook
The Cullen Outlook is a futures trading newsletter for those wishing to follow the moves of Brian Cullen, an experienced technical trader. He’ll identify charts setups, provide direct trade recommendations and plans, and share other useful insights to help you become a better technical trader.
This material is conveyed as a solicitation for entering into a derivatives transaction.
This material has been prepared by a Daniels Trading broker who provides research market commentary and trade recommendations as part of his or her solicitation for accounts and solicitation for trades; however, Daniels Trading does not maintain a research department as defined in CFTC Rule 1.71. Daniels Trading, its principals, brokers and employees may trade in derivatives for their own accounts or for the accounts of others. Due to various factors (such as risk tolerance, margin requirements, trading objectives, short term vs. long term strategies, technical vs. fundamental market analysis, and other factors) such trading may result in the initiation or liquidation of positions that are different from or contrary to the opinions and recommendations contained therein.
Past performance is not necessarily indicative of future performance. The risk of loss in trading futures contracts or commodity options can be substantial, and therefore investors should understand the risks involved in taking leveraged positions and must assume responsibility for the risks associated with such investments and for their results.
You should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources. You should read the "risk disclosure" webpage accessed at www.DanielsTrading.com at the bottom of the homepage. Daniels Trading is not affiliated with nor does it endorse any trading system, newsletter or other similar service. Daniels Trading does not guarantee or verify any performance claims made by such systems or service.