Archive
Monthly Archives: October 2013
Monthly Archives: October 2013
Gold Auto Trader Gold has been VERY volatile this past week creating an absolute TON of trading opportunities. The volatility that has entered the market has made it a bit more challenging but overall we still pulled our profits out of the market bringing in $340 over the past week in some VERY fast trading. […]
Continue reading7:30am EST Focus-Points this morning: · US Govt Shutdown enters into its 9th day, causing nervousness across global markets. · US President Obama expected to nominate Janet Yellen as new Fed chair on Wednesday. · Concerns over shortages in USD cause the dollar to rise overnight · US Traders prepare for Wholesale Trade, Crude Oil […]
Continue readingCrude 60-Minute Crude Oil is at its wedge highs right now after closing back above the BMT. We have had nothing but slop in this area but we are slowly meandering down. I am looking to sell this market back down to at least retest the BMT at 103.20 but we are still looking for […]
Continue readingGold Auto Trader Gold has always been one of the best markets that we trade in general, especially on the TREND Auto Trader and the FLEX Auto Trader. We have seen an increase in volatility as of late with all of the news hitting the wires from the government and this is causing markets like […]
Continue readingRussell Anchor Chart The Mini-Russell closed the session on Monday at the lows of the day, and this morning we saw the opening-print at the PLOD of 1061.1 but the sellers were REJECTED going below the PLOD. This is a very bullish clue, suggesting that the closing price on Monday at the lows has now […]
Continue readingCrude Oil Anchor CHart Crude Oil is trading higher this morning in a bullish long-term trend with trend-line support below and major trigger-zone resistance above at 105.45. we will buy pullbacks using the wave-pattern-long with a profit-target at the 105.45 and then we will look for a selling-opportunity at those highs. Crude Oil Set Up […]
Continue readingEuro Anchor Chart Euro Futures are trading at the PHOD this morning after trading in a very narrow range on Monday and finishing the day inside the range from last Friday. These narrow trading-ranges and inside days suggest that SOMETHING may be coming today or tomorrow. We expect to see a breakout trading-range today after […]
Continue reading8:00am EST Gold Anchor Chart Gold Futures opened the session at the lows from Monday and we are waiting patiently to see where the first few minutes of trading session go from here. If we close below the 1316.9 we are bearish and selling short down to 1305.1. If we can’t get below the PLOD […]
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