Archive
Monthly Archives: May 2013
Monthly Archives: May 2013
Crude Oil Scalping Anchor Crude Oil is trading lower this morning with a red cloud and red candles, telling us that the scalp trades this morning will be selling short to the downside.
Continue readingEuro Scalping Anchor Euro Futures are trending lower this morning with a red cloud, lower-lows and lower-highs and all we need is the anchor chart to confirm some new red candles and we’re selling short using the faster chart timeframes and the Entry-Trigger Indicator.
Continue readingCLICK HERE TO GET STARTED! Knowing is not enough; we must apply. Willing is not enough; we must do. This morning we wrap up a sloppy week of price-action with a morning without any major economic news and Ben Bernanke takes the stand just after the opening bell. Fridays are always a moving target. Sometimes […]
Continue readingCrude Oil Weekly: Crude Oil Weekly Weekly anchor chart shows us trading at the highs of the price-wedge with a wick at the top of this week’s candle, which tells us that we’ve backed-off the highs of the week, but the week has been a bullish week overall. What will the end of the week look like? […]
Continue readingE-Mini ES Anchor Chart E-Mini S&P Futures: We can see the anchor chart has been very bullish this last few weeks, making new higher-highs and showing us a clear bullish price-channel. The big concern we have is the ability for the buyers to keep pushing prices higher, so we are looking to sell short this […]
Continue readingE-Mini Dow Anchor Chart E-Mini Dow Futures: We can see the long-term trend is moving higher this morning with the strong bullish price-channel, however we can see in the short-term trend has been trading in a sideways-trading-range so we need to wait patiently to get a 15-minute candle close outside of this sideways-trading-range so we […]
Continue readingMini-Russell Anchor Chart Mini-Russell Futures: we can see a slightly bearish long-term trend this morning on the anchor chart. We have the very small ‘cloud’ which is red to tell us the sellers ‘should’ be in control, but the last few hours of price-action have bounced back higher so we need to see where the […]
Continue readingEuro Anchor Chart Euro Currency Futures: we can see the same on the euro this morning. We see lower-lows and lower-highs with a red cloud which tells us the sellers are in control and we are selling short along with it. Euro Entry Chart We can see very sideways trading ranges on the faster entry […]
Continue readingCrude Oil Anchor Chart Crude Oil; we can see the RED Cloud-cover on the anchor chart with new lower-lows and lower-highs as price-action moves in a down-trend this morning. This is the clue we need to be looking for selling opportunities this morning using the scalping-strategy. Crude Oil Entry Chart The faster entry timeframe shows […]
Continue readingAn obstacle is often a stepping stone. – Prescott This morning we open the Live Trade Room with Jobless Claims news to kick off the price-action at 8:30am EST. We will be loading up the scalping strategy early in the Live Trade Room so we’re ready for the trading opportunities that will occur shortly after […]
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