Archive
Monthly Archives: October 2013
Monthly Archives: October 2013
Crude 60-Minute Crude Oil is currently trading at the wedge highs just under the BMT and is respecting those highs. Normally I would completely disregard the short side but as we haven’t tested the BMT in a VERY long time and we can’t seem to leave these wedge highs there is a higher chance that […]
Continue readingGold Auto Trader Gold has brought in another fantastic week of trading and solidifying the fact that we LOVE the Gold Futures markets! Gold has had quite a bit of volatility come in pushing it all over the place which is offering up several opportunities for the Auto Trader to make money and bring in […]
Continue reading7:30am EST Focus-Points this morning: · Japan Sept Retail Trade hits 16-month high · India Central Bank raises rates to combat inflation, 2nd time in a month · Spain Retail Sales registers first rise in 36-months · UK Mortgage approvals hit 5-year highs · Italy Q3 GDP contracts again, 9th straight quarterly decline · (US) […]
Continue readingWould you be interested in DOUBLING your day trading profits? Every morning we open our Live Trade Room at 8:00am EST and we immediately begin our morning prep so everyone has the ‘game-plan’ for the day ahead. One of the most important aspects of our ‘Morning Prep’ is to define the long-term-trend using multiple chart timeframes. […]
Continue readingThis morning we see a double-top pattern on our entry chart after we bounced higher from the wedge lows giving us some VERY high probability entry patterns! We have a 123 reversal pattern show up that moves into a Golden WAVE Pattern Long shortly after bouncing up from the double-top support area. This trade brought […]
Continue readingCrude 60-Minute Crude Oil has moved up to a double top pattern and failed right back lower from the 98.06 highs. Now that we are pushing lower off the wedge highs, I am looking short to 97 even and possibly lower to 96 even and the wedge lows. We will be running into several buying […]
Continue readingCrude Auto Trader Crude Oil is a phenomenal market and one of our absolute favorites to trade on really anything, especially the FLEX Auto Trader as well as the TREND Auto Trader. This past week is the exact reason why we have that attitude towards the Crude Oil market! Altogether we brought in a HUGE […]
Continue reading***Economic Data*** – (UK) Oct CBI Industrial Reported Sales: 2 v 32e – (US) Sept Industrial Production M/M: 0.6% v 0.4%e; Capacity Utilization: 78.3% v 78.0%e; Manufacturing Production: 0.1% v 0.3%e – (US) Sept Pending Home Sales M/M: -5.6% v 0.0%e; Y/Y: +1.1% v +3.5%e – (US) Oct Dallas Fed Manufacturer Activity: 3.6 v 9.0e […]
Continue reading7:30am EST Focus-Points this morning: · European clocks ‘Fall back’ over the weekend, US clocks will adjust on November 3rd · South Korea’s consumer confidence hits 17-month high · The UK battered by the worst storm in 10 years, resulting in low trading volume · Moody’s predicts this year to be the worst in last […]
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