Gold 512V Gold was a rocket ship this morning but had a strong dip down at 830EST where buyers picked it back up again. This gave a 2SF back into the middle of the channel looking for the highs once again. Overall this gave a move up for 10, 10, and 49 ticks to channel […]
Continue readingCrude 1000V Crude Oil had a big move lower with bear major channel resistance following it lower. This gave a BOPB of the highs leading into a 2LF to push price right back down to complete the cycle. Overall this gave a move lower for 10, 11, and 22 ticks to LOD targets below! Make […]
Continue readingEuro 1597V The Euro had a strong rip higher with bull channel support following price the whole way up. We had a nice pullback into channel support for the 1CT which was also the 2L to get in. Overall this gave a move up for 10, 27, and 36 ticks back to highs at midline […]
Continue readingClick here to download today’s charts “We must all suffer one of two things: the pain of discipline or the pain of regret and disappointment.” Notes for Tonight’s Newsletter: Crude Oil is bullish after an explosive move higher today, and after a mid-morning correction it looks like the bulls might be ready to take the […]
Continue readingBuying the Flag Pattern this morning allowed us to pull in a HUGE move taking 399 ticks on the trade! In today’s video we see the Crude Oil forming a Flag Pattern at the highs and looking to breakout higher with strength. This gave us an opportunity to buy the initial entry and add-on to […]
Continue readingDow 800V The Dow had a strong wide bull channel up with an OS high and immediate failure lower. This gave a 2LF to get into the move right back down again to ride price to major support. Overall this gave a move down for 10, 40, and 90 ticks on the major bull channel […]
Continue readingGold 512V Gold had a huge drop lower but corrected higher in somewhat of a Flag Pattern formation. This gave an attempt to break back down turning into a failure back up on a FC long 2SF. Overall this gave a move back up for 10, 17, and 21 ticks to resistance targets above! Make […]
Continue readingCrude 1000V Crude Oil had a great bit of movement today with channels working lower on price. This gave a beautiful 1CT setup to sell expecting further movement lower on volatility. Overall this gave a move down for 10, 22, and 34 ticks to channel targets at the low! Make sure you sign up for […]
Continue readingEuro 1597V The Euro had a great push up but ended as a large range formation at the highs. We have a test of the range lows and a strong 2L formation to push price right back up again. Overall this gave a move up for 10, 28, and 40 ticks back to range high […]
Continue readingClick here to download today’s charts “My worst days as a trader are still better than the best days doing anything else.” Notes for Tonight’s Newsletter: Crude Oil is bullish but the bulls just finished their measured-move and the sellers held their pullback so we expect to see a bearish 2-legged-correction back to support levels […]
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