Archive
Monthly Archives: August 2016
Monthly Archives: August 2016
Today we opened up with a bull bias right off the bat breaking out of the prior days end of day range formation. This was met with snap buying pressure right back into the range but with a LOT more juice behind the buyers this time around. Buyers began to form an irrational bullish sentiment […]
Continue readingClick here to download today’s charts “Excellence can be obtained if you care more than others think is wise, risk more than others think is safe, dream more than others think is practical, expect more than others think is possible.” Notes for Tonight’s Newsletter: We’re getting some incredible trading opportunities this week and today’s big […]
Continue readingWe opened up with a HUGE gap higher on Gold showing that buyers were very likely going to slam the market up for a bit more movement higher just given the overall strength. With this move up you would expect them to continue… they didn’t. This failure of the buyers led into a massive sell […]
Continue readingWe started the day off today with a nice attempt from the buyers to push the market in the overnight session with massive bullish pressure. We then moved into the US session where the buyers seemed to completely fall apart at the highs back down on a breakout move lower. This gave us a clue […]
Continue readingClick here to download today’s charts “You may encounter many defeats, but you must not be defeated. Please remember that your difficulties do not define you. They simply strengthen your ability to overcome.” Notes for Tonight’s Newsletter: We are still trading the reaction to last Friday’s Non-Farm Payroll report and this evening we have Crude […]
Continue readingWe kicked off the morning with a gorgeous run higher from the buyers. This aggression from the buyers allowed traders to easily buy on the way up for targets. We began seeing a lot of trouble on the highs though where sellers are beginning to scale in for weakness. The sellers ended up taking over […]
Continue readingWe came in today with a VERY strong run higher on Crude Oil with buyers falling apart a bit on the rally higher. They might just be looking for a pullback but after a quick jaunt higher, that failed as well showing the sellers may not be done yet. We know buyers are in control […]
Continue readingClick here to download today’s charts “One of the marks of successful people is that they never compare themselves with others. They only compare themselves with themselves and with their past accomplishments and future potential.” Notes for Tonight’s Newsletter: Today was what we call ‘Reaction Monday’ which is the first full day of trading after […]
Continue readingWe open up the week with a very nice gap higher leading into a bear attempt failure for a morning reversal into a VERY strong trend day pushing higher. This gives us clues that we need to be buyers on the way up for almost any reason. The important thing to note is the day […]
Continue readingToday we opened up Crude Oil to find a VERY strong bull trend right from the open with buyers trapping almost every bear attempt down and buying into it for rallies right back up to the highs with continuation movement. This gave us big clues to look to buy any strong attempt from sellers as […]
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