Gold Market At Support – Long Swing Trade Idea
14 November, 2016 Gold is in a down-trend on the daily charts. BUT, it is now into an area of strong support which means that day-traders and even swing-traders can probably start to make trades to the long side. Yes, we know, the sell-off has been brutal...
Master Day Trading in Just 30 Days: Lesson #13
13 Lesson #13In this lesson we're going to talk about setting up for the big wins. In prior lessons we learned how to make small scalp trades and how to select the best scalp trades. This should be enough for you as a day trader to make some profits and even to make...
Master Day Trading in Just 30 Days: Lesson #12
12 Lesson #12 In the last lesson discussed how to use our swings (zig-zag) and trends to make tiny scalp trades. Hopefully you're having some fun with the homework. This lesson will be a short one - we're going to discuss how to select the best scalp trades. Make no...
All Those Newsletters! Making Sense Of Them All…
11 November, 2016 How many newsletters related to the financial markets do you get per week? How often do they all present conflicting information? And how many of them make you feel like you're drinking from a firehose, trying to synthesize a ton of data into a...
US Markets – Maximum Point Of Indecision
11 November, 2016 Murphy's law - in one of the most active trading weeks we've had in a long time, we're entering the last day with the markets closing at the maximum point of indecision. How the market closes today (Friday) will be very telling. Will the bulls go for...
Election Fireworks, Massive Power Sale, Upside Breakout
10 November, 2016 This article will be longer than usual since we have a number of items to cover. In particular we will cover the following: The prior trade recommendation (Buy) and risk control The massive hourly powersale pattern that set up in the middle of the...
Analysis: S&P False Hourly Breakdown – 3 Trade Ideas
08 November, 2016 After nine consecutive days of losses that drove prices to break down from a large hourly triangle, the S&P roared back today with a decisive close inside that triangle. This negates the short term bearish bias and positions us firmly back...
Analysis: US Dollar Index First Pullback After Trend Change
Analysis: Copper Futures Upside Breakout
Analysis: US Nasdaq Futures At Support
06 November, 2016 The US Nasdaq index has hit an area of strong support. After last week's rout the index is sitting at the September 2016 lows and July / August 2015 highs. Those highs were a resistance level and have now become support. Lets take a look at the...
Master Day Trading in Just 30 Days: Lesson #11
11 Lesson #11This is the lesson where we start to have some fun! The last few lessons showed you how to eliminate the noise from charts by filtering price movements based on the current market volatility. These resulted in "zig-zag" lines. As a result of this, you...
Master Day Trading in Just 30 Days: Lesson #10
20 MARCH, 2016 The prior installment in this series introduced precise rules for the definition of LEGS and SWINGS on a chart. With these rules, chart structure starts to be visible against all the day-to-day (or bar-to-bar) noise. In this installment, we are going to...
Analysis: US S&P 500 Breakdown (Short Term)
03 November, 2016 The S&P 500 index officially broke down from a multi-month sideways line on Wednesday. Even though the overall market is in an uptrend, breaks from sideways lines trump the primary trend and need to be respected. Breaks that go against the primary...
Pattern: Bonds At Support – Long Scalp Trade Opportunity
02 November, 2016 30 Year Bond Futures traded on the CME have pushed into a strong support area and has spent the last few days trading in that zone. We believe that this sets up a long scalp opportunity. Why just a scalp? Well, read on and see... This market is...
Analysis: Small Caps At Critical Point
31 OCTOBER, 2016 The US small cap index broke down from a small weekly consolidation and penetrated some key support levels. What's next for this index? Lets look at both the weekly and daily charts to see if we can imagine some scenarios that might play out in this...
Pattern: ES Hourly Consolidation – What Are Your Trading Options?
27 OCTOBER, 2016 Earlier this week, the e-Mini S&P contract (ES) formed an hourly trend reversal from DOWN to UP. However, that was done in the context of a much larger consolidation pattern. Obviously market participants in the US are taking a wait-and-see...
Trade Idea: SPY and ES – First Hourly Pullback After Trend Reversal
25 OCTOBER, 2016 Earlier this week, the e-Mini S&P contract (ES) formed an hourly trend reversal from DOWN to UP. Today, the first pullback occured thereby setting up a potential trade. Lets take a look at the charts and see what could potentially trigger a...
