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Monthly Archives: February 2013

February 5, 2013

Mini-Russell Anchor Chart Prep

Mini-Russell Anchor Chart Prep We can see the Mini-Russell as tested the symmetry support 896.0 from Monday’s prep, giving you an easy entry long at the end of the day on Monday.  Now we can see the lows of the bull price-channel have created a bullish price-wedge using the recent swing-high and we will now […]

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February 5, 2013

Euro Anchor Chart Prep

Euro Anchor Chart Prep We can see the euro has tumbled out of its bullish price-channel and into a recent price-wedge structure.  We are currently trading in the middle of the price-wedge so at this time we need to be patient and sit-on-hands for the test of the lows, or the highs of this price-wedge.  […]

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February 5, 2013

Crude Oil Anchor Chart Prep

Crude Oil Anchor Chart Prep First thing this morning we see Crude Oil tested the PLOD overnight and bounced quickly up into the middle of the range from Monday.  Trading in the middle is much higher risk and lower-percentage so we need to sit-on-hands and wait for the re-test of the lows or the first […]

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February 5, 2013

Gold Anchor Chart Prep

Gold Anchor Chart Prep The first thing we see on gold this morning is the recent InsideOut Set-up and price-wedge set-up.  The price-wedge set-up occurred when we sell the highs of the price-wedge.  The InsideOut Set-up occurs when we failed to stay above the PHOD 1678.6. Now at 815am EST we are trading in the […]

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February 4, 2013

Mini-Russell Anchor Chart Prep

Mini-Russell Anchor Chart Prep The Mini-Russell this morning is trading at the PLOD from Friday, which gives us two trading opportunities.  First, if we see new lower-lows below 902.5 we will sell short using the Wave Set-Up.  Second, if the sellers fail to move lower, we will look for the InsideOut Set-up to buy the […]

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