Archive
Monthly Archives: August 2015
Monthly Archives: August 2015
Click here to download today’s charts “Knowing which way to turn gives you self-confidence. Taking a chance and going the opposite way gives you a chance to see what you are made of.” Notes for Tonight’s Newsletter: Crude Oil is inside a range, E-Mini S&P is oversold at the lows, Gold and Euro are bullish […]
Continue readingBuying the seller weakness at Flag Pattern lows allowed us to put away a HUGE 253 ticks this morning! In today’s video we see the Gold Futures pushing higher very aggressively but taking a quick break on a Flag Pattern back down on assumed profit taking. This gave us an opportunity to buy their weakness […]
Continue readingDow 800V The Dow and all of its friends got hammered lower today with a ton of bearish strength lower. This gave a nice bear channel working down that price found itself back to with a 2S attempt. We were able to ride this lower for 10, 18, and 39 ticks back to the MM […]
Continue readingGold 512V Gold had a beauty of a channel working higher giving a solid run to the upside for buyers. We then had a pullback to channel lows for buyers to refuel on with a 2L delay for physical test. This gave a run higher for 10, 21, and 21 ticks back to channel highs […]
Continue readingCrude 610V Crude Oil had a great rise higher this morning off the lows with lots of buying pressure up. This gave a nice little bull channel working up that broke just ahead of the HOD looking for a test back up on a 1L. We were able to ride the move higher for a […]
Continue readingEuro 1597V The Euro had a big smash higher this morning with a bull channel rising higher. We had a pullback to the midline support which failed to continue its pressure down for a 1L with the sellers failing. This gave us a rip back up to highs for 10, 21, and 40 ticks back […]
Continue readingClick here to download today’s charts “Confidence comes not from always being right, but not fearing to be wrong.” Notes for Tonight’s Newsletter: Crude Oil and E-Mini S&P are bearish but over-sold, Euro up at the channel highs and ready to sell while Gold pushes higher on FOMC-Minutes so we look for failures at the […]
Continue readingSelling the WAVE Pattern Short this morning on the E-Mini Dow allowed us to pick up 126 ticks! In today’s video we see the E-Mini Dow getting pummeled all morning with a rejection off the BMT right into another WAVE Pattern Short. This gave us an opportunity to sell the Trigger Zone for a push […]
Continue readingDow 800V The Dow got smashed lower this morning where we saw the sellers take some profit on a rise higher. This gave a nice bull channel working up that OS the highs into a breakdown setup 2LF. We were able to ride this lower for 10, 17, and 26 ticks right back to a […]
Continue readingGold 512V Gold had a bit push higher this morning that got a bit chopped up into a range. This range had a FBL to buy price right back up to the highs on a 2L move. We were able to pull out 10, 28, and 28 ticks right back to range highs once again! […]
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