Archive
Monthly Archives: March 2013
Monthly Archives: March 2013
Mini russell day trading We can see the Mini-Russell anchor chart has new higher-highs this morning and a great example of an inflection point using the highs of the bull price-channel as support as it moved higher. This tells us that the buyers have effectively ‘shaken-out’ the sellers and we will expect prices to keep […]
Continue readingDAX Day Trading The Anchor Chart on the FDAX shows us a long term bullish price-channel, which means we need to wait to buy-the-lows at support for the high-percentage-trades. We also know that a bullish price-channel can be challenging to buy when we’re trading at the highs, so buy the lows, take profit at the […]
Continue readingCrude Oil Day Trading The Crude Oil Anchor Chart shows us we are trading in the middle of the range this morning. We can see the price-wedge and the sideways-trading-range for which we are trading in the middle. We would like to get the opportunity to buy-the-lows at support or sell-the-high at resistance so this […]
Continue reading“Nobody can go back and start a new beginning, but anyone can start today and make a new ending.” –Maria Robinson Economic News Worksheet This morning is the Wednesday of Quadruple Witching Week, which we refer to as ‘Wacky Wednesday’. This morning will most likely be the most challenging price-action we see this week, with […]
Continue reading“Your time is limited; don’t waste it living someone else’s life. Don’t be trapped by dogma, which is living the result of other people’s thinking. Don’t let the noise of other’s opinion drowned your own inner voice. And most important, have the courage to follow your heart and intuition, they somehow already know what you […]
Continue reading“Change your thoughts and you change your world.” –Norman Vincent Peale CLICK HERE TO LEARN MORE! This morning we re-open our Live Trade Room with Quadruple Witching Week ahead of us, along with Contract Rollover recently occurring on the e-mini markets and coming later this week in the currency futures markets. This morning we do […]
Continue readingKnown for his motivational speeches, Ronald Wilson Reagan (February 6, 1911 – June 5, 2004) was the 40th President of the United States (1981–1989), the 33rd Governor of California (1967–1975), and prior to that, a radio, film and television actor. Reagan was born in Tampico in Whiteside County, Illinois, reared in Dixon in Lee County, […]
Continue readingAfter markets closed Thursday, the Fed released the results of the latest annual stress tests for major U.S. banks. The results show major improvement in bank capitalization, although in varying degrees. Banks appear to be in good health. The Federal Reserve said 17 of the 18 largest U.S. banks could withstand a deep recession – […]
Continue readingEuro Inside Out Set-Up Short The euro was very good to us this morning after news was released at 830am from Non Farm Payrolls. We saw one of our favorite set-ups trigger short at 830am EST and took the first 3 entry signals we saw going down to the InsideOut Set-up target at 1.2975. We […]
Continue reading30-YEAR US BONDS We can see a perfect example of a Max Entry-Trigger setting up on the bonds market this morning. We’ve recently moved back into selling territory and we are looking for a new lower-low breaking the short term price-wedge followed by a sell-signal short to get us moving down to the profit-target at […]
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