Tuesday, December 20, 2011
Thursday, December 15, 2011
OIL Futures
Oil Futures
Here's a setup I'm waiting to materialize. see chart for stop, target and entry. Oil could test 75 again. Hope this helps
Wednesday, December 14, 2011
US Dollar
US Dollar
Once the dollar tests the swing high, look for a pull back for a long entry 9see chart). Hope this helps
Tuesday, December 13, 2011
EURO
EURO
Be patient and you should be rewarded when price hits 1.3220 for a nice shortie. Hope this helps
Gold
GOLD
Looking for gold to retrace and get short with a target of 1603 and then re-evaluate the price action.Hope this helps
Sunday, December 11, 2011
TLT ETF
TLT
The fact that T-notes are looking like they want to move lower, this is a nice instrument(ETF -TLT)to use for the short side , if you don't trade futures... Hope this helps
GOLD
GOLD
I posted this setup last week. Looks like gold has shown it's hand. Look out below.If price can retest 1725 area I will get short with a target @ 1665. Hope this helps
Wednesday, December 7, 2011
Tuesday, December 6, 2011
S&P futures
Nice bull flag bullish pattern, price should 1275 shortly and if it holds next test 1300. Hope this helps
Sunday, December 4, 2011
Friday, December 2, 2011
USD Futures
USD
The U.S. Dollar should have fallen like a rock after the Euro announcement, but it has held up like Joe Frazier. The price has stayed inside the channel and broke above the MA. Should test the top of the channel and then move higher. Hope this helps
OIL Futures
OIL
This is one of my favorites for day trading.This instrument trades very consistent. As I have posted on my blog, I am currently a day trader due to market conditions. I use 10 tick stops with 30 tick targets and it's working like an ATM machine. I wish I could send buy/sell alerts, but there just isn't enough time when day trading. Hopefully sometime soon this market will get off the crack and steroids, so I can swing trade again. It looks to me like price wants to test 103+ (see chart) and if or when it does, then price could retest 115. Hope this helps
Thursday, December 1, 2011
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