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Monthly Archives: December 2013
Monthly Archives: December 2013
Crude 60-Minute Crude Oil has broken below the BMT up at 97.03 and has now entered into the supply zone while expanding the wedge lows. I am looking for a bounce higher from here in the short term back to test the BMT but the long term trend is shifting to the downside. I am […]
Continue readingRussell Auto Trader The Russell has been VERY volatile this past week showing us some very strong movement in both directions, but predominantly down. The Russell has been making leaps and bounds this year taking in HUGE profits and for the most part, equaling the performance of Gold! That is no easy feat to be […]
Continue reading7:30am EST Focus-Points this morning: · Contract Rollover today for e-mini’s and currency Futures · Next Week is Quadruple Witching, 3rd week of December · Equities bullish going into the US morning session · Crude Oil bearish ahead of re-opening of Libya’s biggest port · Markets pause ahead of the upcoming FOMC Meeting next Week […]
Continue readingToday we take a look into Fibonacci and the tools that we can use as traders within Fibonacci to help us better understand how the market works and where we can expect it to go! =========================================================== Want to see us trade LIVE? Click here to register for theFree Trial! Automated Trading Strategy; Let theComputer do the […]
Continue readingThis morning we see Gold tumble right out of bed straight down off the wedge highs and through the BMT below. Not only that but it fell even further to a large supply zone that was anticipated that the buyers would defend. We picked up a gorgeous bounce out of the supply zone on the […]
Continue readingCrude 60-Minute Crude Oil has come down and bounced off of the wedge lows and moved higher into and above the cloud. I am looking long up to the wedge highs and the supply zone above that between 98.54 – 98.75. We do also seem to have some trouble showing up within the cloud so […]
Continue readingRussell Auto Trader The Russell has been on an absolute TEAR this past several months equaling the returns of Gold and sometimes surpassing it making it a VERY solid performer! The Russell is a market that, when it places trades, is rarely a bad one and if it is the losses are so small that […]
Continue reading7:30am EST Focus-Points this morning: · Global Equities under selling-pressure this morning as traders fear the Fed will taper sooner-than-later · Traders in the US are waiting for Red-Star news from Retail Sales & Jobless Claims · Contract Rollover today for E-mini’s and Currency Futures · Gold tumbles on Fed Tapering speculation · E-Mini S&P […]
Continue readingToday we see a very large supply zone being defended by the sellers after the large gap up from the holiday weekend up to the start of the week. Once the sellers proved that they were willing to protect that area we had a FANTASTIC Golden WAVE Pattern Short signal us in for a MASSIVE […]
Continue readingCrude 60-Minute Crude has pushed off of the wedge highs and is expanding the wedge lows currently. We are within the cloud support at the moment as well so if we fail to push lower I will be looking long up to the wedge highs and the previous swing at 98.75. If we continue to […]
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