Click here to download today’s charts “Perfection is achieved, not when there is nothing more to add, but when there is nothing left to take away.” -Antoine de Saint-Exupery Notes for Tonight’s Newsletter: We have some great opportunities going into Friday’s session with some big news on the schedule tonight and another big day ahead […]
Continue readingThis morning we open with a decent gap higher after the large drop from yesterday. There was a strong bounce at the EOD yesterday but that was more likely going to be sellers taking profit, not new buyers. After seeing the gap higher we knew that, if there were buyers in that EOD rally, they […]
Continue readingWe started off the day with a bit of a slower tempo than the last week with price moving mostly in a range sentiment with weak trends forming, but not sticking around for very long. This gave us clues to look to buy low and sell high and stay out of the middle. We had […]
Continue readingClick here to download today’s charts “Desire is the key to motivation, but it’s determination and commitment to an unrelenting pursuit of your goal — a commitment to excellence — that will enable you to attain the success you seek.” Notes for Tonight’s Newsletter: There hasn’t been any shortage of trading opportunities this week and […]
Continue readingToday is Inventory Day for Crude Oil Futures and it is a VERY active day when the numbers hit at 1030EST. This movement is enough so that waiting a good half hour before the news until after can keep you out of a lot of trouble and today was a great example of that. We […]
Continue readingWe came in today to find Crude Oil relatively stagnant given the last few days of movement. This began to form a wedge at the bottom that had a failed breakout on the low side which turned into a very large run higher for a breakout attempt up. The buyers will likely be a bit […]
Continue readingClick here to download today’s charts “Believe in yourself! Have faith in your abilities! Without a humble but reasonable confidence in your own powers you cannot be successful or happy.” Notes for Tonight’s Newsletter: Markets are moving really well this second week of July with the London, US, and Asian sessions all filled with reliable […]
Continue readingWe came in this morning to see a nice large gap higher from Monday with the EU session having all the fun. This big push up is likely going to get a pullback if the buyers can’t show up right from the start to keep the train moving higher. The buyers couldn’t hold the open […]
Continue readingThis morning we had a gorgeous run higher on Crude Oil which found itself in a bit of an exhaustive move up with buyers putting TOO much ammo on the table and not leaving themselves enough to defend their positions. A lot of times when this happens, if price returns you will see snap selling […]
Continue readingClick here to download today’s charts “Success consists of going from failure to failure without loss of enthusiasm.”–Winston Churchill Notes for Tonight’s Newsletter: Today was ‘Reaction Monday’ following last Friday’s Non-Farm Payroll Report, and we have some excellent trading opportunities setting-up for tomorrow; Crude Oil and gold are bearish, while the S&P and Euro are […]
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