Soy futures +3

Long @ 1370 target one 1380 target two 1399

STOPPED OUT @ 1373
I definitely was shaken out of this trade. I moved my stop too soon because I had to leave my trading room for a few minutes. I hope some of you were able to capture some of this move. 

EURO

Looks like the euro wants to go to 1.4275. I will send an alert when my entry is confirmed. Hope this helps

Aussie dollar

Aussie dollar makes a new high. BULLISH! Hope this helps

CORN FUTURES

I posted this setup on 2-15 (see archives). I will get long if and when I get confirmation. I will send alerts to those on my list... Hope this helps

S&P Futures

The price action is still inside the wedge. Remember unusual days get no respect. If price can break the trend line, then i will excited, not until then. Hope this helps  

QQQQ -.21

Long @ 57.70
Stopped out @ 57.49 not what I was looking for...

Buy/sell ALERTS!!!

If you're interested in receiving buy/sell alerts, just send your email address to jamesolivertrades@gmail.com

LDK

Here's a stock worth a look...Target 16.04 fairly quick  Hope this helps

QQQQ

Long @ 58.60
Target one @ 58.86 Target one hit
Target two @ 59.05

Wells Fargo

Is it a rumor or is it fact about Wells Fargo Bank? Look at the chart and remember unusual days up or down get no respect. Hope this helps

USD/JPY

Long @ 83.90 stop 83.07
Target one @ 84.50

Gold Target two hit @ 1377.60 While I was snoring

Currency Setups

After scanning all my charts,it looks to me like the best setups are in the currencies. I only want what the market is willing to give me. I will post some of the currency charts in the morning. Hope this helps

Gold Futures (GC)

Today's price action got within .10 of my second target. This is an interesting pattern that I will watch closely. Notice how the volume has decreased. If the price can break through the bottom trend line, the price should go to 1307 in a short length of time. If the price breaks the upper trend line then I will re-valuate. Hope this helps 

CORN FUTURES

You don't see charts like this very often. This is setting up for long entry. Hope this helps

FXI

Some technical analysts would call this a H & S pattern. To me this looks like a nice short setup with low risk Look at the May puts in the money. Hope this helps

TBT

Long again @ 39.93 Stop @ 39.02
Target one 40.94

Divergence Smoked

As I've been watching the $DJUSIT Transportation Index become disconnected with the equity markets, it just confirms that the markets and trading will never be the same again. There are more and more signs confirming how the markets have changed. The political intervention and the manipulation of institutional and electric trading only confirm the perversion that is taking place right under our noses. Look at this chart how it clearly was signalling a  short setup prior to Friday's close, then in two days the price action completely reversed! Amazing... Maybe we're not watching buyer behavior anymore based off GREED AND FEAR? Maybe we're watching MANIPULATION based off GREED...

HAPPY VALENTINES DAY

UUP

As I wrote on Feb 7th (see old posts), if the dollar can break above 78.34 and hold, this would be a way for those that don't trade futures to take advantage of a short rally for a quickie. Gaps fill most of the time. Look at the open interest for March and June call options versus puts. The stop would be @ 22.10, so this is a fairly low risk trade. Remember this is not a roman candle, you'll have to be patient. Hope this helps

LONG @ 22.58

GBP/CHF

If price can pull back to support (white line), could be a nice setup for a long entry. Hope this helps

AUD/JPY

Here's nice cup with  handle on the daily. Look at how many times resistance has been tested. I'm looking to get long when setup is confirmed Hope this helps

Gold Futures (GC) +5.80

Now that gold as broken out of  a down channel, this looks like a consolidation before the next move. I will be watching this very close for my next setup. Hope this helps

LONG @ 1366.70 Stop @ 1349.70

Moving stop to 1357.10 

Target one HIT @ 1370.90

Target two hit @ 1377.60

STOPPED OUT @ 1372.50

Gold Futures (GC)

Here we go GOLD should hit target two any minute!!!

Postings viewed

I find it very interesting, that my losing trades are viewed the most. What's the message? What does that say about traders or people in general? I would like to hear any and all thoughts.

TBT target four hit @ http://ping.fm/6ErFB

Comments

As I've said in past posts, I will not respond to comments that are ANONYMOUS....

USD Futures

If price can break above 78.34 and hold should kiss the bottom of the channel for a nice profitable quickie. Hope it helps

Gold 1 Hour Chart

This is not a guarantee, but gold looks like it's ready to pop shortly. Hope it helps

Gold Futures (GC) +10

Long @ 1351.10
Target one hit @ 1361.10
Target two @ 1372.20
Stop @ 1361.10

STOPPED OUT @ 1361.10

TEN YEAR NOTE FUTURES

Looking for price retrace to get short. Hope it helps

GO PACKERS!!!!

I'm watching the Super Bowl today. Can hardly wait.

The GoldSheet - America's #1 Choice

The GoldSheet - America's #1 Choice

Great sports data for the real FANATIC!

GRMN

Nice trend break for those of you that buy stocks. Hope it helps

CMG

I guess I should be eating more tacos? What a chart. Wait for a pullback and get long.

TNX

Here's a nice chart for those that buy stocks.Hope it helps.

TBT

TARGET FOUR HIT @ 41.38
TARGET THREE HIT @ 40.56
This trade is up over 100% at this price. I bought call options for 2.33 and they are now worth 4.70


Next target @ 41.38

Gold Futures (GC) -6 points

What a reversal! Most likely short term...

STOPPED OUT! I hope some of you captured some of this. I took my dog for a walk, so I wasn't here to move my stop.

Long @ 1351.70 Stop @ 1345.70 Target one @ 1366.80
I no longer post targets and stops when I enter the trade. If you're interested in receiving info as I enter, you can email me @ jamesolivertrades@gmail.com.

RTH

Here's a nice looking potential short opportunity. I have a limit order to get short @  106.96. Hope it helps

No Sense

The equity markets make no sense for now as they plod along. I'm focusing on other instruments to take what the market wants to give me. The currencies, commodities etc, look very good for intra-day trading opportunities. Tomorrow could be a wait and see attitude as the job numbers report on Friday. The Japanese Yen looks good for a long if it pulls back to the .1220 range (white line). The USD is showing signs of a potential rally and that could push the equity markets into a small pull back. I'm waiting to see how the NASDAQ reacts, since it looks the weakest of all. Gold is definitely headed for  the1282 range and at that time I'll get long and try to capture as much of the move up to 1500 as possible. The T notes look they're getting ready to pop. Hope it helps

Long @ .1223 

TEN YEAR NOTE FUTURES (ZN)

If this is a true break of the trend line, this would push my TBT long to target three @ 40.56... Hope some of you are on the TBT long. Hope it helps

TBT position

For those of you that are with me on the TBT long position, here's a monthly chart showing how bullish it is to this point. My target three is @ 40.56. If price can break 42.83 and hold, we could have a lot of fun all the way up to 50.91.... Hope it helps

GBP/USD

Bull Flag

I saw this pattern three days ago and forgot to post it. The reason I'm posting it now is strictly for the doubters that say technical trading on pattern recognition only isn't possible. I've posted pattern after pattern for months and months, so if you don't believe by now you never will. I hope my passion helps some of you to build your confidence to trade as you fight to defeat the BEAST! Hope it helps

I'm so simple.....