Archive
Monthly Archives: February 2014
Monthly Archives: February 2014
“Opportunity is missed by most people because it is dressed in overalls and looks like hard work.” Reflections from Today: · Trade: Gold earns $1,000 per contract (Buy @ 85.2, Sell @ 95.4) · Trade: Crude Oil earns $1,000 per contract (Buy @ 99.81, Sell @ 100.90) · Crude Oil; 134t Range, -0.13% @ 100.28 […]
Continue readingIn today’s video we have an AWESOME Gold Futures breakout that triggered after a large block of volume came in that we were able to capitalize off of with a breakout short for a nice and solid $400 of profit! We use a simple trading strategy that can be used on ALL markets! When you […]
Continue readingCrude 60-Minute Crude Oil has caught a significant amount of buying pushing price into an area of supply where where the sellers have defended several times now. Now that we are right back there again I am going to be looking short back to 99.60 at the previous swing but since we are having problems […]
Continue readingRussell Auto Trader The Russell has been an absolute TANK moving higher this past week and not really every looking back. This strong move higher has offered us a nice opportunity to let the TREND Auto Trader run wild! With these large volatile swings we are seeing trades that surpass the default 5% risk parameter […]
Continue reading“Most people have no idea of the giant capacity we can immediately command when we focus all of our resources on mastering a single area of our lives.” Reflections from Today: · Gold Trading: 2 targets hit @ 1285.0 & 1291.4 · Mini-Russell : 3 targets hit @ 1118.4, 1122.1, 1126.9 · Crude Oil: 1 […]
Continue readingFederal Reserve Chair Janet Yellen gave her first semi-annual monetary policy testimony before House Financial Services Committee in Washington this morning, and everyone was listening. Highlights In prepared remarks released before her Congressional testimony, Fed Chair Janet Yellen stated that she strongly supports current monetary policy. She expects taper to continue in measured steps if the FOMC […]
Continue readingIn today’s video we go over the VERY popular Opening Range for some of our favorite markets. There are several ways to use the opening range, from trading strategies to directional biases and we dig in to all of them! The most common opening-range times are 20-minutes (Crude Oil & Gold) along with 30-minutes (Bonds, […]
Continue reading– Anybody expecting newly-installed Fed Chair Yellen to back off on tapering QE is disappointed this morning. Yellen’s firm embrace of the Bernanke status-quo, plus the collapse of the House GOP’s desperate attempt to extract concessions for a debt ceiling increase are encouraging risk appetite. As of writing, the DJIA is up 0.60%, the S&P500 […]
Continue readingCrude 60-Minute Crude Oil has pushed up to the wedge highs while also embedding into the supply zone from 100.22 – 100.55. This area is seeing quite a bit of selling come into the market and hold this market down. I am going to be looking for a short trade back down to the lows […]
Continue readingCrude Auto Trader Crude Oil has been overall bullish catching some nice moves higher. With these moves into new highs we are seeing quite a bit of chop and extended slowdown periods where the markets just chop back and forth. This type of price action is a literal playground for the FLEX Auto Trader allowing […]
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