Archive
Monthly Archives: September 2014
Monthly Archives: September 2014
Buying the Spike and Channel lows of consolidation allowed us to bank 84 ticks this morning. In today’s video we see Crude Oil spiking higher and fake-breaking the channel lows. This gave us an opportunity to buy this move higher for $840 of profit! Welcome back to September! We use a simple trading strategy that […]
Continue readingRussell 6JJBar The Russell attempted to make a new high but failed to do so and fell lower from there. I am looking to buy support at 1178.4, 1178.1, and 1174.8 right back up to the highs. The first target will need to be the BMT’s in the middle around 1181’s with the final target […]
Continue readingGold 6JJBar Gold has dropped lower but was met with a fake-break low where we now have price reversing. I am waiting for price to push higher to sell from 1270.3 as well as 1272.2 back down again. The first target will be in the middle at the BMT’s around 1268’s with the final target […]
Continue readingCrude 6JJBar Crude Oil has rejected the BMT very aggressively and is pushing higher once again. I am looking for price to pullback a bit to buy from 94.09-94.01 right back up to new highs. The first target will be near the highs at 94.32 with the final projection target above at 94.56. Make sure […]
Continue readingRussell 6JJBar The Russell has caught a bit of profit taking into a fake-break high bouncing at the BMT. I am looking short here below 1.3133 back to support below where we may see a bounce back. The first target will be at 1.3166 with the final target lower down at 1.3098 at the BRN […]
Continue readingRussell Auto Trader The Russell has been quite slow this past week going through the holiday which comes as no surprise at all. Even with a bit of a slow down we are still seeing a solid trading week overall with some very nice stats! We have our FLEX Auto Trader on the Russell bringing […]
Continue readingClick here to download today’s Charts + BONUS Charts! “Knowledge has to be improved, challenged, and increased constantly, or it vanishes.” – Peter Drucker Notes for Tonight’s Newsletter: Misc: · Another exciting session today, filled with trading opportunities! · Traders return to their desks after a long, holiday weekend in the US · Early morning […]
Continue readingSelling the Russell this morning allowed us to bank 69 ticks on a Simple WAVE Short! In today’s video we see the Russell rejecting the highs and dropping very aggressively lower with selling pressure. This gave us an opportunity to sell the Simple WAVE Pattern short to profit up $690 on a picture perfect pattern! […]
Continue readingRussell 6JJBar The Russell has caught a nice bit of buying pushing it into a new high and on to its 9th wave. I am waiting for price to pullback a bit to buy from 1176.1-1175.1 right back up to new highs. The first target will be near the high at 1179.4 with the final […]
Continue readingGold 6JJBar Gold dropped lower into a fake-break low and is now failing back higher now. I am waiting for price to rise higher to sell at 1268.3 as well as 1270.3 back to new lows. The first target will be structure in the middle of the move at 1266.3 with the final target at […]
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