Crude Oil had a nice bear channel working lower which price found itself testing. This gave a 2S right off channel highs for a move back down to continue the bear trend. Overall this gave a move down for 10, 12, and 35 ticks to the low side targets! Make sure you sign up for […]
Continue readingThe Euro had a nice rise higher with bull channel support along the way. This gave a pullback to channel lows for a DB 1L move back up once again to the highs. Overall this gave a move up for 10, 32, and 17 ticks back to the channel high target! Make sure you sign […]
Continue readingClick here to download today’s charts “Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent. The slogan […]
Continue readingSelling the breakdown of the Pennant Pattern above the range allowed us to pick up a solid 47 ticks back down this morning! In today’s video we see the E-Mini S&P 500 Futures forming a Pennant above the range and breaking down aggressively. This gave us an opportunity to sell the breakdown and a followup […]
Continue readingDow 800V The Dow had a weak correction higher in the bear move lower allowing the sellers to push back against the move. This gave a break above the range leading into a FBH US of the channel. Overall this gave a move back down for 10, 46, and 62 ticks back to the low […]
Continue readingGold 512V Gold had a strong reversal off the lows leading into a bull channel rising support. This gave a BOPB under the channel which led into a 2L with a very strong confirmation. Overall this gave a push higher for 10, 14, and 34 ticks back up to the high targets! ========================================================== Want to […]
Continue readingCrude 1000V Crude oil had a nice push off the lows into bull channel rising support going with price. This had a quick pullback into support where a 2L formed on the engulfing candle up. Overall this gave a move up for 10, 17, and 55 ticks back to the highs! Make sure you sign […]
Continue readingEuro 1597V The Euro had a nice fall all morning followed closely by bear resistance the whole way. This gave a push into channel highs for a 2S to push price right back down again. Overall this gave a move down for 10, 17, and 31 ticks to channel low targets! Make sure you sign […]
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: Crude Oil is bearish with a late-session trading-range which means our plan tomorrow will be to look for selling opportunities at […]
Continue readingSelling the WAVE Pattern Short got us a nice little push down for 56 ticks this morning to wrap up the day! In today’s video we see Crude Oil pushing lower all morning but with a semblance of a range. This gave us an opportunity to sell the last effort WAVE Pattern Short down for […]
Continue reading