Gold 512V Gold had a nice move down but bulls took profit leading into the bull correction higher. This gave a test of channel lows for a bounce higher into a 2L looking for the highs. Overall this gave a move up for 10, 14, and 19 ticks on the channel test targets! Make sure […]
Continue readingCrude 1000V Crude Oil had a HUGE bear move off the highs with massive channel resistance falling with price. We had a 1CT fire off on the retrace for a 2S to drop price back down to new lows. Overall this gave a huge run down for 10, 24, and 65 ticks to channel low […]
Continue readingEuro 1597V The Euro had a range start to the day which broke out lower into a bear S/CH formation. This gave a test of the highs for a 2LF to push price right back down to the lows again. Overall this gave a move lower for 10, 17, and 27 ticks back to the […]
Continue readingClick here to download today’s charts “Learn how to separate the majors and the minors. A lot of people don’t succeed because they major in the minor things.” Notes for Tonight’s Newsletter: Crude Oil is bearish this evening but with 3 pushes lower in today’s session we expect sellers to take profit at these lows […]
Continue readingBuying the Flag Pattern Breakout at the channel lows gave us an explosive move up for 112 ticks on the trade! In today’s video we see a Flag Pattern pullback coming right in to channel support with a breakout and re-entry area long. This gave us an opportunity to buy the later entry for a […]
Continue readingDow 800V The Dow had a big rip higher this morning with major bull support channels going along with it. This did lead to a strong OS high and a correction back down for a breakout move lower 3LF. Overall this gave a snap down for 10, 20, and 43 ticks to the prior support […]
Continue readingGold 512V Gold had a lazy bear channel working lower with price which held price quite nicely. We had a high move into the highs for a 1CT 2S to knock price right back down again. Overall this gave a move down for 10, 25, and 49 ticks back to channel low targets! Make sure […]
Continue readingCrude 1000V Crude Oil had a huge dive off the highs push price aggressively lower with bear resistance following. This gave a push into bear resistance highs for a FBH into a 1CT short to push price right back down again. Overall this gave a move lower for 10, 49, and 70 ticks to the […]
Continue readingEuro 1597V The Euro had a great day of movement after the tick change that started today. This gave a bear S/CH working lower with price. We pulled into the highs aggressively but it was met with VERY strong selling back lower for the 2S at the 1CT. Overall this gave a move lower for […]
Continue readingClick here to download today’s charts “You cannot change your destination overnight, but you can change your direction overnight.” Notes for Tonight’s Newsletter: Crude Oil is trading inside a range this evening which means we will be looking for opportunities to buy lows and sell highs as we rotate towards the lows tomorrow. The selloff […]
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