Sunday, December 12, 2010

USO Oil ETF Monthly Chart



As I have been gone since September 29 for the purpose of taking care of legal matters resulting from a 31 year marriage. I am very happy to say that I'm back in my trading room for the first time in months. My first scan produced this great looking pattern. The longer the price stays in this wedge the more powerful the move will be on the breakout. I will enter this trade shortly and send out buy alerts and targets to all that are on my alert list. I hope some of you missed me. This trade should be very profitable... Hope it helps

Sunday, October 24, 2010

The Texas Rangers are favored over the San Francisco Giants... UNBELIEVABLE!!!

Friday, September 3, 2010

SLV Target one

SLV target one hit @ 19.44. Next target @ 20.73

Aussie Dollar

This is a very bullish pattern I will monitor closely for an entry point. For those of you that don't trade futures contracts you can trade the ETF (FXA) to take advantage of this setup... Hope it helps

QQQQ

This is not worth a trade yet, but it looks it is setting up for nice trade. You can see on the chart the price is very close to the down trend resistance. Depending on how it reacts at resistance I'm watching this closely. Hope it helps