Archive
Monthly Archives: October 2013
Monthly Archives: October 2013
Nat Gas Auto Trader Natural Gas has been trading VERY well on the TREND Auto Trader bringing in some very nice profits this past week! Overall we have brought in $1,390 over the past week on some HUGE profit factoring with VERY high reward vs. risk. This is some of the best trading on Natural […]
Continue readingEuro Anchor Chart The Euro is in an up-trend on the anchor chart with a short-term trend that appears to be trading sideways as we begin the morning session in the US. We can see a bullish price-channel with a support zone at the lows around 3567 which means we would LOVE to buy the […]
Continue readingGold Anchor Chart We begin with Gold Futures this morning and we can see from our anchor chart that the long-term trend is moving LOWER, so we will be looking to sell short this morning with the proper entry pattern. We can see support zones below us at 1300.0 big-round-number and 1287.0 and we will […]
Continue reading7:30am EST Focus-Points this morning: · Shutdown Up-Date: No major progress to report after meetings between Obama and top Democrats and Republicans finished late Wednesday · Shutdown will most likely impact Friday’s Non-Farm Payroll report, no final decision made at this time · Traders in the US have Jobless Claims on schedule this morning · […]
Continue readingCrude 60-Minute Crude Oil is pushing up to a short term wedge high this morning. I am looking to sell at those highs back to the minor wedge low around 101.43. I will also consider looking long if we begin to break above the minor wedge high as these levels are only minor and usually […]
Continue readingEuro Auto Trader The Euro for the FLEX Auto Trader has been pretty slow the past few weeks. It is a VERY solid market, but it can be slow at times, especially when the market is sitting on hold with all of the news coming out lately. When we do get trades on the Euro […]
Continue readingE-Mini Nasdaq Anchor Chart The E-Mini Nasdaq is also trading in a sideways market personality this morning right between the resistance of 3236.25 and the support and 3214.75. We see the short-term trend is sideways, with a long-term trend that is bullish. We are trading in a range-bound market this morning, so we will buy-the-lows […]
Continue readingE-Mini ES Anchor Chart The E-Mini S&P is trading lower this morning, however we can see the short-term trend is sideways. We can see resistance overhead at 1696.75 and support below at 1672.25. Our day trading plan on the E-Mini S&P is to sell the highs and buy the lows of the trading-range this morning. […]
Continue readingMini-Russell Anchor Chart The Mini-Russell is trading sideways this morning after coming off the highs at 1086.6 on Tuesday afternoon. We can see resistance zones above us at 1080.6 and 1084.1 along with the major swing-high resistance at 1086.8. We see support zones below us at 1072.2 and 1063.3 along with the trend-line support just […]
Continue readingCrude Oil Anchor Chart Crude Oil has been moving lower over the long-term trend with a clear bearish price-channel and lower-lows over the last few weeks. This long-term trend appears to be coming to an end, with clearly sideways price-action without any new higher-highs or lower-lows and we have drawn support and resistance levels above […]
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