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Monthly Archives: March 2011

March 14, 2011

Market Internals update

***Looking Ahead*** – 11:30 (US) Treasury to sell $62B in 3-Month and $30B in 6-month Bills – 12:00 (EU) Eurozone Finance Ministers meet in Brussels – 14:30 (IT) ECB’s Member Bini Smaghi Speaks in Italy 10:30 AM Market Internals update at 10:30ET – NYSE volume 185M shares, about 13% below its three-month average; decliners lead […]

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March 14, 2011

Have You Seen This Swing Trading Strategy?

–          SWING TRADES o    The key is to keep it simple o    Simple price patterns, simple trade management, simple entry trigger o    Don’t try to dig into the charts too much, the chart should be SCREAMING AT YOU! §  Looking for a established trend is the best way to start §  Then look for a […]

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March 11, 2011

Breaker Pattern Acts Like a Slingshot on Crude Oil

815am est –          We’re looking for some volume this morning –          Friday morning so we know its going to be a short day –          We had the earthquake overnight that MAY be keeping traders distracted this morning –          News @ 830am that we’re hoping will be a good jump start to our day –          Contract […]

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March 11, 2011

Market Internals update at 12:00ET

***Looking Ahead*** – (CO) Colombia Monetary Policy Meeting Minutes – 11:00 (GE) German Fin Min Schaeuble at Baden-Wuerttemberg Election Rally – 11:00 (EU) Euro-Area Leaders hold Summit on competitiveness – 12:00 (GE) German Fin Min Schaeuble at Baden-Wuerttemberg Election Rally – 13:30 (GE) German Fin Min Schaeuble at Baden-Wuerttemberg Election Rally 10:30 AM Market Internals […]

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March 10, 2011

Looking for GOLD in all the RIGHT places!

800am –          Dollar rising, looking for shorts –          Contract rollover 830am est –          Jobless claims come out higher than expected, we’re waiting to see the market’s reaction –          The dollar is rising today, but has periods of pullbacks. –          This means the short side is the higher % side, but we can still look for […]

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March 9, 2011

How did I miss that price channel on crude oil today?

815am est –          The dollar index is our first stop on our daily routine –          The dollar rises on Tuesday, giving us selling opportunities –          Now the dollar has dropped off this resistance and appears to be searching for the next move. –          Should the dollar break above 77.000?  we want to sell –          Should […]

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