CHF/JPY

The more price knocks on the door(white line), the more likely they are to come through. This is very nice setup that will be on my radar screen. As soon as I get confirmation I'll enter a long position for a couple hundred pips. Hope it helps

Wheat Futures

Another lovely setup for the taking. I'll enter a long position with a target of 868 as soon as price touches support @ 810 plus change. Hope it helps

Coffee futures

Here's a beauty. Nice breakout with up trend plus a decline in volume. Hope it helps

Silver futures +.47

Amazing how the pattern repeats itself. Looks to me like the price wants to go to 24 and change. I'll get short as soon as I get confirmation. I will send an alert to those on my list. If you're not on my alert list and would like to be, send your email address to - jamesolivertrades@gmail.com

Short @ 28.05 stop @ 28.54
target one @ 27.43 
target two @ 26.63
STOPPED OUT @ 27.58 +.47

IWM

Notice how price has kissed the the bottom of the up trend line three times, and probably would have four times had it not been for Egypt. I am licking my chops for this setup, not only because of the trend, but it looks like a H & S pattern is forming... Stay tuned

GBP/AUD +50

TARGET ONE HIT @ 1.5919

TARGET TWO @ 1.5877

STOPPED OUT @ 1.5984 +50

USD/JPY +107 PIPS

TARGET ONE HIT @ 82.208 +36 PIPS

TARGET TWO HIT @ 81.97 

TARGET THREE HIT @ 81.51

Aussie dollar

Here's an interesting chart that will be on my radar screen. look at the previous cup and handle pattern (left side of chart). The pattern looks like it's ready to form again if price can break the trend line(blue line). Hope it helps

Cotton futures

I don't trade cotton. I'm posting this chart strictly for the pattern. What a BEAUTY! Hope it helps

Gold Futures (GC)

I'm patiently waiting for a short setup when the price can rally to 1355 with a target of 1320 and eventually 1280. Hope it helps

QQQQ +.96

Long QQQQ 56.24 Target one @ 56.83 Target two @ 57.20
TARGET ONE HIT @ 56.83
TARGET TWO HIT @ 57.20

WILL 5200 MUNICIPALS DEFAULT IN 2012?

IWM

On 1/23 (look in archives)I posted a chart on the IWM. I was looking for a rally to 78.58, today's high was 78.29. Missed it by .29 and for that I owe you all an apology.:)) This is when it's tough to be disciplined. If I was sitting in my trading room in front of my monitors, I may have been tempted to enter the trade. One of my trading rules is to not trade for more than two hours - WIN, LOSE or DRAW!!! Hope it helps....

NQ Futures

The NASDAQ looks bearish for a nice setup. I'll get short when the price action rallies to 2305. Entry, stop and target are on the chart. Simple as can be using pattern recognition only. Hope it helps

Nat Gas Monthly

Nat gas looks like the price in dancing its way to 5.30. For those of you that are long UNG with me, this is good. I added to my long position last week (see archives). Hope it helps!

Coal Index

This looks like a nice shorting opportunity if you dabble in stocks. The price action looks like it wants to go to 396. The stocks that look like opportunities in this sector are - ACI and BTU,CNX & MEE. Hope it helps

IWM (ETF)

If price can rally to 78.58 I will buy puts with a target of 76.59 and if price continues to act bearish the next target would be 74.11. Hope it helps

USD Futures

I posted this USD futures chart a few days ago. Now that price has broken below the channel and held, I will wait for a rally to 79.11 and will enter a short position with target one @ 78.12

USD Futures

Oil Futures (CL)

Here's a weekly chart of oil and you can see the patterns (cup and handle & channel). The fact that the price action has almost touched the top of the handle and at the same time has stayed in the channel, may be setting up for a long position and a test of the top of the channel. keep this on your watch list. Hope it helps...

WA WA WA!!!

This is what traders look like when they don't know how to manage a trade... They cry and then they point fingers at someone else for their inability... You know who you are

Can't please everyone!

ES Futures

This looks like a nice short opportunity setting up. Tomorrow being options expiration day, could provide some nice trades. I will buy puts on the SPY if the price on the ES can rally to 1288 with a STOP @ 1303 to 1306! Hope it helps since I'm such a showoff...

Gold

Target hit @ 1352.60 + 38.40 moved stop to 1349. 70

STOPPED OUT @ 1349.70 + 41.30

Nice way to start the day!!!

RTH

Is this a failed breakout (cup and handle pattern)? You tell me...

SPX Absurdity

First bearish day since 1-2. Will the price breakout of the channel for a pullback? We shall see....

Nat Gas

I've been long since 1-10 (see post in archives). The price has not only broken out of a down channel, but has broken above the cup and handle pattern, inverse H&S (white line on the chart) very BULLISH! If you're conservative you may want to wait for a pull back to 4.20. I'm adding to my long position. Looking at Nat Gas history, when it breaks trend or consolidation it usually explodes to the target. Looking for price to go to 6.11. Hope it helps...

I do not answer comments on this site that are "ANONYMOUS".

Trade ALERTS!!!

I send free buy/sell alerts to traders all over the world. Anyone that wants to be added to my group of buy/sell alerts just email your address to jamesolivertrades@gmail.com...

Cad Futures

Long @ 1.0066 Target 1 @ 1.0153

Stopped out @ 1.0083 + 17 ticks - not what I was looking for

Should be a great week

Many nice setups for this week... Hope you can catch all of the opportunities... Hope it helps

Canadian Dollar

This is like an ATM machine without a pin. A pullback to 1.0088 is a buy. Hope it helps

USD

USD APPEARS TO BE IN A CONSOLIDATION MOOD. HAVE TO WAIT AND SEE WHICH WAY SHE LEANS... KEEP THIS ON YOUR RADAR, SHOULD GET A SIGNAL SHORTLY. Hope it helps

ES Futures

Over bought and looks like a short with a target @ 1225 and a stop @ 1305. Knowing that you need to manage your targets and stops as the trade unfolds... Hope it helps

Nasdaq Futures

The announcement of Steve Jobs taking a leave of absence has affected the overseas markets. Tomorrow should be very interesting for a trade on AAPLE, QQQQ and NQ. The question is, will it spook the French poodles on Wall Street and if so - HOW MUCH? Should be fun tomorrow. Hope it helps

Based on markets early reaction to Steve Jobs health should produce fireworks tomorrow.

Gold

Short @ 1391 as posted on 1/5... hope it helps

Target 1 1352.6

Buy/sell alerts

I send free buy/sell alerts to traders all over the world. Anyone that wants to be added to my group of buy/sell alerts just email your address to jamesolivertrades@gmail.com...

OIH

Clean chart! Waiting for a pull back to support for long entry. Volume dropped of on break out. Hope it helps

USD

Looks like a nice pull back for a long entry... If price can kiss the 80.37 area I will enter a long position... If you don't trade futures you can you use the UUP (ETF) to take advantage of this setup... Hope it helps

Oil Futures - Quickie +11 Ticks

Short @ 90.96

Stopped out +11 Ticks

Get over your fears

The market has risen 5000 plus points since the bottom... The geniuses are saying nows the time to get back into the market

http://www.usatoday.com/money/perfi/stocks/2010-12-16-usa-today-investment-roundtable_N.htm

UNG (Nat Gas ETF)

Long @ 5.97

UNG (Nat Gas ETF)

I constantly get calls and emails stating how simple my postings and charts are. In my opinionSIMPLE is better since I'm so simple. This chart is for those that believe in looking for the holy grail (which lives between your ears). This chart has everything but the kitchen sink on it, so you can see why so many gurus, trader wannabes like indicators. DIZZYING!!! Is there such a word? Anyway this is a very nice setup that I will enter a long position on Monday morning... Hope it helps

Nat Gas

Another nice stup almost ready for a long position... You can use the UNG (etf) if you don't trade futures... Hope it helps

Aussie Dollar (futures)

This is a nice pullback setting up for a long position... Hope it helps

USD

Now that the dollar has broken through the moving average as the cup and handle pattern completes, it looks like price wants to test 83.47... I will get long when price pulls back to 80.72 range... Hope it helps

TBT

Target 2 hit @ 39.38

OIL Futures

I'm waiting for oil to pull back to 86.47 so I can get long... Hope it helps

Euro Short

TARGET THREE HIT @ 1.3079

Euro Short

I entered Euro short position last year (12-31) and have hit target one and target two. This morning price got within one penny of target three @ 1.3079. When price hits 1.3078, the next target should be 1.2969... CHING CHING!!! Hope it helps

Outlook

The USD made what appears to be a complete reversal today (I got stopped out) and could be a precursor to what's in store for the equity markets. Bonds also got slammed which is good for my TBT position. unless the Bonds make a reversal, the price should go to 114' range. Gold is setting up for a short position which I will start entering @ 1391 up to 1410 with a target to be posted after my entry. Canadian dollar looks great and the Aussie dollar hasn't made up its mind yet for another run to the upside. Euro still bearish...Oil is warming up in the bullpen preparing for its move to 100... Stay tuned! Hope it helps

Euro Futures

Target 2 hit @ 1.3216

USD Dollar Futures -32 ticks

Short USD @ 79.84 Stop @ 80.16

STOPPED OUT!!!! - .32 ticks

Target 1 @ 79.53

Target 2 @ 79.26

Target 3 @ 79.01

Canadian Dollar

Nice setup for a long. If you don't trade futures you can trade the FXC (ETF) to take advantage of this setup... Hope it helps

Aussie Dollar

A pull back to this level could create another long opportunity... Hope it helps

SLV & ZSL

Here's another nice setup for a profitable opportunity. SLV is due for pullback as ZSL is ready for a pop... Hope it helps

You don't see charts like this very often...

IWM & TWM - Cashing in at both windows

Here's a very nice setup. The IWM (ETF) is so far above the moving average, it looks to me like it's due for a nice pullback. Plus the low of the high has been taken out.

IWM

TWM

The TWM (ETF ultra short) is so far below, it looks like it's bottomed out and is building a base preparing for a pop to the up side.

I will buy Feb puts on the IWM and calls on the TWM. Hope it helps