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Monthly Archives: March 2013

March 14, 2013

Euro day trading plan

Euro day trading plan We can see the major bearish price-channel and symmetry support at 1.2895 which will be an excellent profit-target for short-sellers.  This bear price-channel tells us to sell the highs as resistance for the high-percentage-trades.  Keep an eye on the resistance levels above us because if price-action moves higher we will look […]

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March 14, 2013

Mini-Russell day trading plan

Mini-Russell day trading plan We have the Mini-Russell moving higher this morning almost testing the highs of the short term bull price-channel on our anchor & entry charts.  We can see that new higher-highs will get us buying pullbacks using our entry trigger indicator and taking a short term profit at 945.0 at the highs […]

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March 14, 2013

FDAX day trading plan

FDAX day trading plan 2 The FDAX is trading higher this morning in the major bullish price-channel and we can see symmetry resistance overhead at 8121.4 which will act as a price-magnet to draw price higher while also acting as a profit-target and location for a possible price-reversal and short trade entry.  We know the […]

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March 14, 2013

Gold day trading plan

Gold Anchor Chart Prep Gold is trading in the middle of the short term price-wedge this morning as it looks for more clues on the anchor chart.  We know that there is a major bearish price-channel telling us the high-percentage-trades will be to the SHORT side this morning.  We want to sell the highs of […]

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March 14, 2013

Crude Oil Chart Prep

Crude Oil Day Trading Crude Oil sits in the middle of the price-wedge and trading range on our anchor chart, which tells us that the high-percentage-trades are buying at the lows and selling at the highs.  We will look for short term trading opportunities this morning; however we know already that the high-percentage-trades will need […]

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March 13, 2013

Gold Chart Prep

Gold Day Trading The anchor chart on Gold Futures is trading at major support at the lows of the long-term bearish price-channel, double-bottom, symmetry, and sideways-trading-range support levels.  Gold Day Trading We have  TON of reasons to assume that price will bounce higher this morning and if we can wait patiently we will get a […]

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March 13, 2013

E-Mini S&P Chart Prep

E-Mini ES Day Trading The Anchor chart on the E-Mini S&P shows us a strong bullish price-channel along with major resistance from the symmetry set-up.  We cannot buy right now at the highs of the price-channel because the resistance is too strong, and even if the buyers are in control we will have a very […]

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March 13, 2013

Euro Chart Prep

Euro Day trading The Euro is moving in a wide sideways-trading-range on our anchor chart, which provides us with excellent buying opportunity at support if price can test the 1.2692 level or the 1.2069 level.  We can also look for selling opportunity at the resistance level of 1.3713.  These support and resistance levels are a […]

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