Archive
Monthly Archives: November 2015
Monthly Archives: November 2015
Euro 1597V The Euro had a wedge formation on the day with no extremes being made on either end. This gave a test of the wedge highs and 1S KOD setup to push price right back down again. overall this gave a move lower for 10, 15, and 26 ticks to the wedge low targets! […]
Continue readingClick here to download today’s charts “Enter every activity without giving mental recognition to the possibility of defeat. Concentrate on your strengths, instead of your weaknesses… on your powers, instead of your problems.” Notes for Tonight’s Newsletter: Crude Oil is range-bound this evening with a bearish bias and sellers are current trying to break to […]
Continue readingBuying the WAVE Pattern Long allowed us to pick up 192 ticks this morning into the Inventories! In today’s video we see Crude Oil pushing off the lows in a gorgeous correction higher with WAVE Patter Support. This gave us an opportunity to buy the Trigger Zone pullback and put away $1,920 on the trade […]
Continue readingDow 800V The Dow had a tight range form at the bottom of the move lower which price got stuck in. This gave a push up to attempt a breakout which inevitably failed for a FBH 2S back in. Overall this gave a move back down for 10, 26, and 40 ticks back to the […]
Continue readingGold 512V Gold had a huge rip higher which ended with a Pennant Pattern on the highs looking for a breakout. This gave a BIG bull candle breakout for buyers to jump on board back to the highs. Overall this gave a move up for 10, 24, and 46 ticks back to the HOD targets! […]
Continue readingCrude Oil had a nice bear channel working lower which price found itself testing. This gave a 2S right off channel highs for a move back down to continue the bear trend. Overall this gave a move down for 10, 12, and 35 ticks to the low side targets! Make sure you sign up for […]
Continue readingThe Euro had a nice rise higher with bull channel support along the way. This gave a pullback to channel lows for a DB 1L move back up once again to the highs. Overall this gave a move up for 10, 32, and 17 ticks back to the channel high target! Make sure you sign […]
Continue readingClick here to download today’s charts “Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan […]
Continue readingSelling the breakdown of the Pennant Pattern above the range allowed us to pick up a solid 47 ticks back down this morning! In today’s video we see the E-Mini S&P 500 Futures forming a Pennant above the range and breaking down aggressively. This gave us an opportunity to sell the breakdown and a followup […]
Continue readingDow 800V The Dow had a weak correction higher in the bear move lower allowing the sellers to push back against the move. This gave a break above the range leading into a FBH US of the channel. Overall this gave a move back down for 10, 46, and 62 ticks back to the low […]
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