ES Futures

Short @ 1332.75 
stop @ 1336.75 
Target one @ 1312 
Target two @ 1302 
Target three @ 1290

Cancelled setup this market is going to 1400....

Tomorrow's Focus - ES

Tomorrow, my focus will be on the ES for a short setup I posted on May 23. I will enter a short @ 1327.25 stop @ 1333.50 target one 1302 target two @ 1290. Hope this helps

Stopped out @ 1333.50
Short @ 1327.25

Also looking at five etfs
SDS, SRS, SSG, QID, DRR stay tuned for the setups

AUD/JPY

This could get interesting as price tests the top of this pattern. Hope this helps...

GBP/AUD

Long @ 1.5311
Target one @ 1.5355
Target one hit
Target two 1.5417
Target Two hit 
Stop @ 1.5240

ES Futures

Here's a short setup I will wait for. When price touches 1327.25, I will get short with a stop 

@ 1331.25 and target of 1310. Hope this helps

EUR/CHF

Any kind of rally and this should be a nice short. Hope this helps

SPX

At the top of the channel. We shall see shortly. Hope this helps

EUR/JPY

Waiting for confirmation for long entry with target of 119. Will send alert when confirmed to those on my buy/sell alert list. Hope this helps

EUR/USD

Long @ 1.4191
Target one @ 1.4281
Stop @ 1.41156
Stopped Out @ 1.41154

Comments

People never seize to amaze me. They make comments on this blog and when they're wrong, they disappear.Very interesting! No trader is always right and that includes me. Trading isn't about being right or wrong. It's about DISCIPLINE! It would be nice if and when you're comment is inaccurate, you would admit it as readily as you are to make the comment about the setup I post....Even though the weird comments are far and few between, they're still there. This is purely a passion I have for trading and I love to share. I'm sure it's hard for some of you to understand that I do what I love and love to share.

FAZ

I TRIED TO POST THIS CHART LAST NIGHT. BLOGGER WAS DOWN!!!

AUD/CAD

If the pattern closes today with this setup, I will jump all over this for a long position. Hope this helps

AMZN Update

Target one @ 207

Target Two @ 210

Target Three @ 212

Stops are on the chart

AMZN

Now that price has broken 203, the next target should be 210

TLT

Price looks like it wants to pullback to the 94 range. If and when it does, should be a nice setup for a long opportunity. This is for those that don't trade futures Hope this helps

AMZN

Nice pattern for a long position. Hope this helps

Oil Futures

Looks like oil wants to go to 93, I'm waiting for the proper entry. Hope this helps

S & P

I posted this chart on 4/27 (see archives). Look where the price action went and look where it's at. This looks like a failed inverted H & S, the bullish sentiment is off the radar screen for now until the market can reveal a trade-able pattern. I'm bearish to neutral. Keep in mind the markets should have short rallies which should create nice shorting opportunities. Hope this helps

ES Futures

What an orderly pull back, we are going higher. The only question is when to enter? Hope this helps

USD

This could be and should be the most important chart to watch for the next few days. Hope this helps

Gold will it Hold?

YEN Futures

Low risk setup for a short position. Hope this helps

ES Futures

Long @ 1343.25
Stop @ 1340
Target one @ 1347.25
STOPPED OUT - 3.25 points

EUR/CHF

Long @ 1.2781
Stop @ 1.27522
Target one @ 1.2863
Stopped Out  - 26 ticks

CORN FUTURES

I'm preparing to re-enter a short position in corn. Hope this helps

CORN FUTURES

TARGET ONE HIT @ 735.00 - FINALLY
moving stop to 741.50
Moved stop to 737.50
STOPPED OUT @ 737.50  - + 8.50 not bad

AUD/CAD

LONG @ 1.0401 
Target one @ 1.04431
Stop @ 1.03888

Buyer Behavior based off FEAR and GREED

OSAMA BIN LADEN

                                              IS DEAD!!!!!!