Gold 512V Gold had a large bull major channel rising with price all morning which gave an attempt to break. This attempt to break came in the form of a huge FBL which turned right around into huge buying pressure. Overall this gave a move back up for 10, 24, and 60 ticks to midline […]
Continue readingCrude 1000V Crude Oil had a great fall from the highs leading into bear resistance channels going right along with the move. This gave a retracement back into the channel highs for a KOD trap high to sell back lower. Overall this gave a move down for 10, 16, and 36 ticks to the channel […]
Continue readingEuro 1597V The Euro had a great push higher but no follow through leading into a wedge formation on the highs. This gave a break down back lower on a STRONG breakout formation 2S. Overall this move went down for 10, 21, and 45 ticks at MM targets below! Make sure you sign up for […]
Continue readingClick here to download today’s charts Formal education will make you a living; self-education will make you a fortune. Notes for Tonight’s Newsletter: Crude Oil is bearish with three great clues telling us where to look for the best selling opportunities tomorrow, but first we need to wait for the correction. First, we have a […]
Continue readingDow 800V The Dow had a range on the day all morning and actually ended up tightening up to a smaller one later. This gave a 2LF off the smaller range highs with the buyers failing twice to break higher. Overall this gave a run back down to the original range lows for 10, 18, […]
Continue readingGold 512V Gold had a gorgeous run lower this morning with large bear S/Ch resistance following the move. We got a test of the highs and an attempt by the bulls to break out leading into a 2S off the highs back down. Overall this gave a move down for 10, 15, and 36 ticks […]
Continue readingCrude 1000V Crude Oil had a great run lower this morning with bear channel resistance holding price down. We then got a test of the highs on a 2S and a gorgeous sell setup to ride price lower. Overall this gave a move down for 10, 13, and 27 ticks back to the channel low […]
Continue readingEuro 1597V The Euro had a great channel down all morning with bear resistance coming back into play. We have a test of the bear channel highs with a gorgeous 2S off the highs showing bears still have control. This gave a move down for 10, 12, and 25 ticks back to midline support below! […]
Continue readingClick here to download today’s charts “If someone is going down the wrong road, he doesn’t need motivation to speed him up… he needs education to turn him around.” Notes for Tonight’s Newsletter: Crude Oil is trading at the lows of a short-term range and a bull-channel this evening which tells us to expect range […]
Continue readingSelling the WAVE Pattern Short this morning gave us a great Spike and Ledge Pattern breakout for 130 ticks! In today’s video we see Gold getting hung up in what is expected to be a Spike and Ledge formation. This gave us an opportunity to sell the WAVE Pattern Short and pocket a gorgeous $1,300 […]
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