Archive
Monthly Archives: May 2013
Monthly Archives: May 2013
Mini-Russell Day Trading Plan We have a VERY narrow trading range on the Mini-Russell over the last few weeks, with a bullish price-channel and a green cloud that confirm the buyers are in control at these all-time highs for the Mini-Russell. Our plan will be to use the anchor chart to tell us that buying […]
Continue readingFDAX Day Trading Plan We have a bullish price-channel, a green cloud and a slight pullback on the way to higher prices this morning on the FDAX. We have almost everything we need to start buying pullbacks up to the highs of the price-channel and the targets posted overhead at 8340.5 and 8360.0.
Continue readingThe scalping-strategy anchor chart tells us to sell short with retracements on the way lower this morning. We can see a red cloud and red renko bars confirming this move lower so we will use the Entry-Trigger Indicator to look for selling opportunities.
Continue readingEuro Day Trading Plan We can see the short-term trend is lower this morning but we have the lows of the price-wedge and the double-top support zones below us telling us that selling short is going to be difficult this morning so we will buy pullbacks up to the double-top for a final profit-target for […]
Continue readingGold Futures Trading Plan Our anchor chart on Gold shows us a downtrend with a red cloud, however, we can see that we’re trading at the lows of this price-wedge so we know that trying to sell into the lows will be challenging. This tells us that selling short will be higher-risk and we will […]
Continue readingCrude Oil Day Trading Plan Crude Oil day trading plan: The day trading plan this morning is to buy the London session lows and take profit-target at 95.09 and then final profit-target at 95.50 back at the highs of the London trading session. We will then look to sell the highs of the London trading […]
Continue readingCLICK HERE TO LEARN MORE~ “ I’ve missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I’ve been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life. And that is why I succeed.” – Michael Jordan This morning is Tuesday of OPEX-week which tells us this morning […]
Continue readingCrude Oil Daily Chart Crude Oil Daily: Daily anchor chart shows us more sideways-trading-ranges this evening with a big wick showing up on today’s candlestick. We already know this market personality is trading sideways so we can use this daily chart as a big clue that not much changed in today’s trading session, and the […]
Continue readingRussell Sideways Trading Range The Mini-Russell is trading in a sideways range as we go into the lunchtime trading session at 11:30am EST and this tell us that we need to be very careful not to over-trading within this narrow trading range. Remember, we see sellers enter the market and buyers taking profit at […]
Continue readingE-Mini Dow Futures Prep We can see the buyers have exhausted after the big run UP on the E-Mini Dow over the last 3 weeks, and this anchor chart now tells us to sit-on-hands while we wait to see WHO is really in control this morning. We can see the Green Cloud has turned to […]
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