Sugar

Here's one I traded today on a shorter time frame. This is a nice pattern (almost inverted H&S), holding the trend line. Should test 31.87 (see chart).I will try to send alert when I enter Hope this helps

S&P Getting close

The S&P is getting close (1255 see previous post) to the setup for a short entry. This day trading wears me out. Today, I traded, corn, sugar, RUT and gold. Very difficult to swing trade until we return to some normalcy. Hope this helps

S&P Futures

This is a reminder of a chart I posted earlier (see archives). Price is very close to short entry setup whether you use the SDS or buy puts on the SPY. Hope this helps

USD/CAD

Nice bull flag pattern. Hope this helps

EUR/USD +609 pips

Nice setup for markets open. Hope this helps

Short @ 1.4511
Target one hit 1.3902

ZSL

Silver is approaching the 50% fibonacci (41.518) on a daily chart. ZSL has closed above the high of the low bar and held with room to pullback .74. This is worth watching for a long on ZSL. Hope this helps

Tomorrow's focus

I see many nice setups for tomorrow, but because of the anticipation of the fed meeting Friday, I'm not posting. As we all know news TRUMPS everything. Tomorrow should be very interesting.Grains are the safest for tomorrow. Be careful! Hope this helps

OIL Futures

Oil is setting up for a nice short opportunity. If you don't trade futures, you can use the etf XLE. Hope this helps

Corn & Wheat Futures

Two very nice setups that can run. Entry depends on your tolerance level. You can wait for a pull back, buy the breakout or buy at the open. The grains currently aren't as volatile, because all eyes are on Jacksonhole and the fed.Friday. You can use DBA etf if you don't trade futures. Hope this helps 

Strange market

Based on how the markets reacted today, this could prove to be a STRANGE week! I do not want to be caught with my pants down. BE CAREFUL!

 

Dow Transportation

A new low. This is one of my favorite patterns. Hope this helps

Silver futures

A perfect cup and handle pattern. Looks like clear sailing to 45.60. Hope this helps

CORN FUTURES +8.25

I will get long at the open @ 712.25 with a target @ 720.50.This is a quickie. Hope this helps
TARGET HIT @ 720.50

Cocoa Futures

Nice setup I'm waiting for. Hope this helps

TARGET ONE HIT @ 3058

AUD/NZD

Long @ 1.26495
Target one @ 1.2855
Stop 1.2505

USD/SGD

I've been watching this pair for a while. Hope this helps

US Bonds

Another setup I'm laying the weeds for. Hope this helps

EUR/USD +402 pips

On 8/7 (see archives) I posted a short setup for this pair. This is just a reminder as we approach the target price. Please keep in mind, news from Europe (Germany GDP), whatever can trump this setup. Hope this helps
                                                Short @ 1.4503
                                Stop @ 1.4650
                                Target @ 1.41
TARGET HIT @ 1.41

Cotton futures

If cotton can get above 101.06 we could have some profit fun.Don't trade this pre-market - low volume.Hope this helps


Target one @ 108.62
TARGET HIT

AAPL

Now that AAPL has broken the 61.8 fibo, I will get long tomorrow with a target of 391 (see chart) and should test the swing high @ 404.50. Hope this helps

SPX

Due to the fact that the market is so over sold, I will be focusing on day trades to the long side until price reaches 1251 (see chart). At that time or before I will start entering short positions. This is going to become very interesting. Hope this helps

Day Trader

On 6/9 (see archive), I posted I'm a day trader. Well, I guess I read the markets conditions correctly. I have been in and out of so many day trades, it's wearing me out. The trades are happening so fast, there isn't enough time to send buy/sell alerts. Today, I traded Russel futures, 10 yr futures, eur/chf, gold futures, USD futures and Aussie dollar futures... I will post currency pair setups later, after a couple martinis... Can hardly wait!

EUR/CHF +58 pips

Long @ 1.08416
Stop @ .999
Target one @ 1.1084 HIT
Target two @ 1.1375 HIT

Natural Gas

On 8/8 I posted this chart (see archives). There should be another test of 4.08 for those of you that missed this short entry...The markets have been so wild, I haven't been able to send alerts. My average trade since last week has been less than 2 minutes... Hope this helps
TARGET HIT @ 3.9072

USD Futures (DX)

The US Dollar is becoming very interesting for a long setup. I posted this chart on 7/21 (see archives). Look at how the price action broke the trend line and now wants to re-test the under belly of the trend line again. Hope this helps

AUD/JPY

This will be on my radar screen as price is breaking out of channel. Hope this helps

GBP/JPY

This is a real beauty, price has broken the down trend line and the high of the low has been taken out. Hope this helps 

USD/NOK

This bad boy is in a nice channel. Hop this helps

S&P

This one blows my mind! 

Nat Gas

Nice H&S pattern. I will get short once price rallies to 4.08. Hope this helps

AUD/USD

When price touches the under belly of the up trend line, I will get short with a target at the swing low... Hope this helps 

EUR/USD

I will get short @ 1.45 Stop @ 1.47 Target @ 1.40. Hope this helps

First market reaction to S&P credit downgrade

http://www.telegraph.co.uk/finance/financialcrisis/8686045/Saudi-stock-market-first-to-plunge-on-SandP-downgrade.html

USD

We have arrived. Things should get interesting. I posted this chart a few days ago and here we are at the trend line. Hope this helps

USD/CAD +78 pips

Long @ 9698
Target one @ 9745 Target one hit
Target two @ 9778 Target two hit
Target three @ 9823 Target three hit

VIX

The vix is down and the selling continues. Something is strange. Maybe a violent snap back for the great short opportunity I'm so patiently waiting for... Hope this helps

Get READY!

Looking at this chart coupled with the US dollar chart I posted earlier, it looks to me like we are in for a GREAT trading opportunity.  These opportunities don't come around that often. Hope this helps

USD

I posted a chart on the USD 7/21 (see archives) and we're almost to the under belly of the trend line and strong resistance. Now we will find out which way the dollar will go.Hope this helps

USD/JPY

Long @ 77.38
This is a quickie

GBP/CAD +235 pips

Long @ 1.5635
Target 1.5745 - Target one hit 
Target two hit @ 1.5870
Target three @ 1.5960
Stop @ 1.5536

EUR/USD

See July 24th chart I posted about the long entry. I had a buy order @ 141.55 and got filled @ 141.53 while I was sleeping...

EUR/GBP

Nice H & S pattern. Hope this helps