Wednesday, December 7, 2011

GOLD

GOLD
Very strong pattern, which way will it go. Hope it helps

Tuesday, December 6, 2011

S&P futures

S&P futures
Nice bull flag bullish pattern, price should 1275 shortly and if it holds next test 1300. Hope this helps

GOLD

GOLD

Nice long setup at 1737. Price should test the the swing high. Hope this helps

Sunday, December 4, 2011

AAPL

                                                                           AAPL


Nice short setup.See chart for target, stop and entry. Hope this helps

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