Archive
Monthly Archives: January 2016
Monthly Archives: January 2016
Dow 800V The Dow had a strong bear start to the day but was met with strong bullish pressure. This upward momentum made a S/Ch formation which we found price at the bottom of for a 2L. Overall we had a push higher for a quick 10, 15, and 25 ticks back to S/Ch high […]
Continue readingGold 512V Gold had a nice push higher in the bull channel formation which had a deep pullback down. This pullback gave a snap DB low into a 2L to push price right back up again. Overall this gave a move through the highs for 10, 23, and 30 ticks for the HOD targets! Make […]
Continue readingCrude 1000V Crude Oil ground its way lazily lower all morning with a bear major channel working down. The correction pressed price directly into a 1CT to sell right back down again for a drive lower. This gave a move to new lows for 10, 34, and 57 ticks to channel low targets! Make sure […]
Continue readingEuro 1597V The Euro had a great run lower with bear resistance moving with price the entire way. This gave a BOPB setup which led up into a 2S to drop price once again to new lows. Overall this gave a move down for 10, 13, and 25 ticks to the MM targets below! Make […]
Continue readingClick here to download today’s charts “Repetition is the key to long-term success. Some people think repetition is boring, while I see repetition as sharpening the knife of success.” Notes for Tonight’s Newsletter: Crude Oil is trading inside a rare and powerful megaphone pattern which tells us to buy lows and sell highs of the […]
Continue readingBuying the area of sellers failure allowed us to pick up a gorgeous 76 ticks this morning to usher in 2016! In today’s video we see Crude Oil Futures attempting a sell breakdown which failed miserably into a strong move back up. This gave us an opportunity to buy the pullback and put away $760 […]
Continue readingDow 800V The Dow had a HUGE run lower which turned into a descending wedge working down with price. This gave a test of the highs for a 2S right off the EMA/wedge for a great opportunity short. Overall we were able to pull out 10, 33, and 77 ticks back to wedge low targets! […]
Continue readingGold 512V Gold had a great run higher with major bull support holding price the whole way up. The sellers attempted to break down but only accomplished a KOD trap low into a long back up again. Overall this gave a move higher for 10, 21, and 33 ticks to final target highs! Make sure […]
Continue readingCrude 1000V Crude Oil had a huge rip higher leading into a very large bull channel moving with price. This gave a pullback to the lows after the sellers failed to break down for a 2L back up again. Overall this gave a move higher for 10, 29, and 54 ticks to channel resistance targets! […]
Continue readingEuro 1597V The Euro had a great run higher but was stopped in its tracks with selling pressure back down into a bear channel lower. We had a push into the channel highs for a 1CT sell with a 2S entry for an attempt at the lows. Overall this gave a move lower for 10, […]
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