Archive
Monthly Archives: March 2013
Monthly Archives: March 2013
Crude Oil Anchor Chart Prep Crude Oil Futures are trading at the lows of the bear price-channel this morning with a slight sideways range which tells us we have three possible scenarios this morning. First, price may keep trading sideways, which means we will have to sit-on-hands until we make new higher-highs or lower-lows. Second, […]
Continue reading“Pain is temporary. It may last a minute, or an hour, or a day, or a year, but eventually it will subside and something else will take its place. If I quit, however, it lasts forever.” – THE Lance Armstrong This morning we begin a new month of March with a morning without any major economic […]
Continue readingBorn February 29, 1960 – is an American self-help author and success coach. He is an influential speaker in the self-help industry with his motivational speeches, and sporadically appears in mainstream popular culture. Robbins began his career learning from many different speakers, and promoted seminars for his personal mentor, Jim Rohn. He is deeply influenced […]
Continue readingE-Mini S&P Anchor Chart Prep We are trading in overbought territory and sideways in transition on the anchor chart, which tells us that we need to be patient and sit-on-hands today until we get the anchor chart to either make a new higher-high or make new lower-lows and change this directional bias to short. We […]
Continue readingMini-Russell Anchor Chart Prep We are trading lower this morning, below the LOD from Thursday, so we have 2 scenarios to consider. First, with new lower-lows we use the Wave Set-Up to get short and use the PLOD’s from earlier this week around 895.0. Second, if price-action stalls at these lows and gets back above […]
Continue readingEuro Anchor Chart Prep We have moved lower this morning on the euro, below the PLOD from the last 3 days, so this move is significant. If we keep moving lower on the euro we will use the Wave Set-Up to get short and if we move higher on the euro we will use the […]
Continue readingGold Anchor Chart Prep Gold has moved lower this morning and now has bounced off the recent lows and has moved back above the PLOD and we’re looking for a buying opportunity with an entry signal above the 1574.7 and we will use the PHOD as a profit-target at 1601.9. We can see the anchor […]
Continue readingCrude Oil Anchor Chart Prep We have Crude Oil moving lower this morning below the lows from Thursday and this tells us we have a Wave Set-Up short or if the sellers fail we will use the InsideOut Set-up to get long. We can see on both the anchor and entry chart timeframes that we […]
Continue reading“My attitude is that if you push me towards something that you think is a weakness, then I will turn that perceived weakness into a strength.” Michael Jordan News for the week: Global Calendar: Investors will be paying close attention to Fed Chairman Ben Bernanke’s Congressional testimony on Tuesday and Wednesday, especially after the strong reaction to […]
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