Archive
Monthly Archives: February 2013
Monthly Archives: February 2013
“Desire is the key to motivation, but its determination and commitment to an unrelenting pursuit of your goal — a commitment to excellence — that will enable you to attain the success you seek.”–Mario Andretti News for the day: This morning we return to the US-morning session with a day filled with news. After hearing […]
Continue reading[UP-DATE] Fibonacci Drawing Tool & Trade Set-Ups Video has been added to the section titled ‘Trade Set-Ups’. This tutorial will illustrate how to use the Fibonacci Drawing Tool with our various trade set-ups according to the our trading plan. See the downloads below this video for supporting documentation and real-chart examples.
Continue readingWe have created technical Indicators that have very useful audio alerts, and we will use a third-party website to create a custom audio-file to alert us to the action on the chart.
Continue readingMini-Russell Anchor Chart Prep We can see the Mini-Russell Futures are trading inside the range from Monday and we can see VERY concerning candlestick patterns on this anchor chart. The large ‘wick’ to the 2 most recent candlesticks and the lack of new higher-highs or lower-lows inside the range from Monday tells us that the […]
Continue readingEuro Anchor Chart Prep The euro currency futures are trading as an outside day, above the PHOD from Monday and at the highs of the long-term bear price-channel. This tells us that the buyers see value in higher prices, however, lets see if these buyers have what it takes to keep the sellers from holding […]
Continue readingGold Anchor Chart Prep Gold Futures had a big day on Monday, tumbling to new weekly lows, all the way to the bottom of this massive bearish price-channel on our anchor chart. Now we will stay patient and look for the sellers to exhaust and start buying these lows. We may see some new lower-lows […]
Continue readingCrude Oil Anchor Chart Prep We can see that Crude Oil completed the InsideOut Set-up we called long on Monday, giving us nice trading opportunities to the long side when the sellers failed. This morning we can see that Crude Oil is hunting for the weekly highs, and we will be looking for a fake-out-breakout […]
Continue reading“If you are going to achieve excellence in big things, you develop the habit in little matters. Excellence is not an exception, it is a prevailing attitude.” –Charles R. Swindoll News for the day: This morning we come back to the markets after a day filled with volatility on Monday, and looking for more trading […]
Continue readingMini-Russell Anchor Chart Prep We open the anchor chart on the Mini-Russell Futures and we can see the very obvious bullish market sentiment using the price-channel and the ‘color’ of the previous day’s trading ranges. We can see higher-highs and higher-lows from day-to-day so we know this is a bullish trend, telling us the high-percentage-trades […]
Continue readingEuro Anchor Chart Prep Euro Anchor Chart Prep 2 We can see the euro trading inside the range from Friday which tells us to buy-the-lows at support and sell-the-high at resistance using the range we are trading within currently. Furthermore, if we see new lower-lows or higher-highs we will be suspicious of the fake-out-breakout and […]
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