Archive
Monthly Archives: April 2014
Monthly Archives: April 2014
In today’s video we see a gorgeous price action set up on Crude Oil where we saw a complete rejection from the buyers who came in with a vengeance and knocked price right back up to trigger us in to the trade for a solid $620 on two contracts! We use a simple trading strategy […]
Continue readingCrude 60-Minute Crude Oil has caught a HUGE amount of selling from yesterday and continuing in to this morning. This push down aggressively broke the BMT as well as cracked lower expanding the wedge lows and now breaking them. We are now in a demand zone at 99.11. I am looking for a short term […]
Continue readingNat Gas Auto Trader Natural gas has been relatively sideways but has been catching some nice movement to the highs and lows. This movement is allowing us to take a few trades and take our profits out fairly easily which is always a good thing! Overall we had a total of $270 come back this […]
Continue readingSteve Jobs & Steve Wozniak “Successful and unsuccessful people do not vary greatly in their abilities. They vary in their desires to reach their potential.” –John Maxwell Reflections from Today: · Today’s Trades: o Crude Oil: § Looking for buying opportunities § Waiting for the entry trigger long o Gold: § Looking for selling opportunities […]
Continue readingRichard Donchian In today’s video we take a look at the widely popular Donchian Channel indicator and how we can use them as traders to bring in profits and initiate trades. In the 1950’s, Richard Donchian created one of the most well-known trading systems based on 4-week price channel breakouts, and professional traders still use […]
Continue readingCrude 60-Minute Crude Oil is currently nearing wedge completion as we are beginning to get tighter and tighter this morning. I am going to be looking for this wedge to break. I am looking to buy higher up to above the wedge at the previous high at 101.97 as well as looking to short under […]
Continue readingEuro Auto Trader The Euro has been VERY slow this past week and has been stuck in this sideways range that we are seeing now. We have yet to really break out of this range as well which is causing this slow down that we are seeing. This is making it a bit difficult for […]
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