Archive
Monthly Archives: September 2013
Monthly Archives: September 2013
9:00am EST We made money on the Crude Oil Breakout Trade at 900am EST today. 9:30am EST Euro Currency Futures Analysis: Euro VIP Chart We are seeing low volume, trading in the middle of Tuesday’s range and with a very narrow and flat ‘cloud’ which all tell us that something is keeping this market personality […]
Continue reading8:30am EST We have Red-Star news at 830am EST this morning we expect to see the best price-action around this time today. *(US) JULY TRADE BALANCE: -$39.1B V -$38.6BE- Prior revised wider from -$34.2B to -$34.5B Components: – Imports M/M: $228.6B v $225.4B prior – Exports M/M: $189.4B v $191.2B prior – China: -$30.08B v […]
Continue reading7:00am EST News coming out of London Overnight: (US) Overnight we heard from the US Foreign Relations committee, announcing a resolution draft on Syria; This will allow President Obama 90 days for military action with a possible 30-day extension, and does NOT include any US forces on the ground in Syria. (EUR) PMI News overnight […]
Continue readingCrude 60-Minute Crude Oil has broken above the BMT at 107.31 as well as breaking above the minor trend line after a steep sell off on the 1st. I am looking to buy this market up with the assumption that people will be taking profits off the table from that sharp move lower. I am […]
Continue readingEuro Auto Trader With the Euro becoming VERY slow with all of the uncertainty in the world as well as some possible impending LARGE news if anything goes awry in Syria, it is always interesting to see how the Auto Traders perform in interesting market conditions. Couple this with a holiday weekend, and it can […]
Continue reading– Investor sentiment was high heading into the US stock market open. September appeared off to a much better start than August finished, aided by better economic data out of China and Europe along with two high profile M&A announcements. US August manufacturing data surpassed expectations with the ISM registering its highest reading since August […]
Continue reading10:00am EST 2013 Members Summit & Trading Seminar Click here to register for the Free Trial! Euro Currency Futures Analysis: Euro 30-Minute VIP Chart We open the 30-minute VIP chart of the Euro and we see a very concerning bit of price-action on this chart. First, we can see the narrow trading-range we are currently […]
Continue reading9:00am EST News is released at 8:58am EST from PMI Manufacturing: *(US) AUG FINAL MARKIT US PMI MANUFACTURING: 53.1 V 53.9 PRELIM (lowest in 10 months)- Output index: 52.5 v 53.4 prelim reading – New Orders: 55.7 v 56.5 prelim reading (highest in 7 months)– SourceTradeTheNews.com This news is lower than expected, and should be […]
Continue reading8:00am EST Our plan today is to take our time, analyzing all of our charts and going through our formal morning routine. It’s important that we don’t rush into the first trade of the week, and we are concerned this price-action may be suffering from a case of the ‘summertime blues’ as traders return to […]
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