Archive
Monthly Archives: August 2013
Monthly Archives: August 2013
I am an optimist. It does not seem too much use being anything else. – Winston Churchill This morning we re-open our Live Trade Room with advanced members and see a big opportunity on the news calendar for today. This morning we have a Red-Star news event at 8:30am EST with Jobless Claims. We love […]
Continue readingHave you been frustrated by the sideways ranges we get in the summer month of August? Are you looking for an easy way to trade a sideways-trading-range? This morning we found a sideways-trading-range on Crude Oil Futures and we used a very simple day trading strategy to make some great profits today. In today’s video […]
Continue readingMini-Russell Anchor Chart #1 Mini-Russell is trading sideways this morning in the middle of the short-term trading-range after a MONSTER run higher over the last 60 days. Mini-Russell Anchor Chart #2 We can see the dramatic sideways-trading-range so our day trading plan today is to buy the lows and sell the highs, avoiding the middle […]
Continue readingCrude 60-Minute Crude Oil is at the low of the wedge and nearing the low of the overall channel. We have had a bit of a blow-off to the downside going towards the channel low. I am looking long overall if this blow-off holds and we close back up, but if we continue lower I […]
Continue readingCrude Auto Trader The TREND Auto Trader was predominantly build for trading in trending markets. (Hence the name!) The markets over the past few weeks has been quite choppy and sloppy but the TREND Auto Trader can still make profit! It may not be as much as when the market is trending, but it definitely […]
Continue readingEuro Anchor Chart Euro is trading sideways in the short term trend, but overall we are moving higher since the beginning of July. This sideways-trading-range tells us to be patient this morning to wait for a new higher-high and then look for Wave patterns to buy pullbacks with the long-term trend going higher. Just beware […]
Continue readingGold Anchor Chart #1 Gold is trading lower this morning in a very narrow trading-range as it moves towards the lows of the range and major support at 1267.1. We can see the long term trigger-zone support at 1264.8 and overhead trigger-zone resistance at 1296.1. Gold Anchor Chart #2 This downward trend tells us […]
Continue readingCrude Oil trading sideways this morning ahead of 1030am EST Inventory news. Very sloppy at this time, so we are sitting on hands looking for a breakout of this range.
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