10.27.23 7:30 am In this video I run down a list of markets including the dollar, the es, oil, gold. I ran out of time on this video.... but you want to look at the oil chart on a daily chart and a 4-Hour chart because it had good triggers at the top and the bottom of the range which was over two points which is more than $2,000. I am okay with the ES as a short...
2.25.23 This is probably a good video to look at... not just because it's oil and oil does the kinds of things that happen here... but it's about how the market really has to set up for trades before you take a trade... and it would have been very easy to get in trouble with this market even if you have small stops... because it was probably going to hit your...
10.24.23 9:30 am The reason I started talking about gold is that I wanted to frame the market to see if there was anything that I could trade today. So I ended up showing you how I would set up my lines and my support resistance areas for what has happened up until the present time. there was an opportunity to short and to go long in this market.... but as you...
10.24.23 6:30 am eastern This video shows the dollar, The Russell, The ES, Tesla. Most of these markets were breaking lower and were easy shorts.... it is possible that they may find some buyers, But these markets left strong sellers that have been controlling the market for the past few weeks. In the last few weeks these markets were easy to short and much...
10 16.23 8 am I have been spending a lot of time looking at gaps and the failure of markets to read test gaps. I looked at three markets that could be problematic if you're not careful and you decide to take a trade today: Oil Silver And gold. I look for markets to retest breakouts which are a great way to enter a market when they correct lower. When...
October 12th 8:14 am eastern. We started at Bitcoin which is resting on a 382 retracement but it is trading in a very narrow range. The ES is a little more complicated and it is coming to a measured move higher... and even if it goes higher I still think the larger pattern suggests that it will reverse and if it does that it could go considerably lower. The key...
10.10.23 12:30 noon...If you taken a trade yesterday on the ES when it got lower at the open and eventually showed that it found support was going to move higher, and you are still long,The market is up well over 100 points from the bottom And it might be time to take profits because the market has moved a measured move and an ABCD pattern.... which are reversal...
10.9.23 This is part two of silver. you should listen to part one first because I couldn't make a trade decision in part 1 and I needed to wait for the next 4-Hour bar which would occur in 30 minutes. I explained why this is important and it essentially amounts to needing one bar to close and no that in this case Not only did that bar trade below the support but...
10.9.23 9:30 am The silver gapped open on its opening price and then it eventually went lower by 382 which formed a potential support. the concern as a buyer Is that the market is not quite showing you a two-bar reversal higher... but it's close. In addition it doesn't take much for the market to show you a two-bar reversal that suggests that the market is...
October 9th 2023 5:00 am Most of the markets that we have been watching have been trading lower and had reversal patterns to go higher and most of them have gone higher since the reversal but it wasn't always easy trading. The ES hit the 382 and it started to move lower which normally means that the market is going to make a new low, But I really thought there...
10.6.23 A number of markets have traded to the end of their ABCD patterns going lower and are coming to support areas. I did a review of four to six markets some of which I've never traded or haven't traded for years.... just to look at the patterns and look for reversals.
10.5.23 We took a look at silver it was set up to go higher but it's coiling at the base and we'll just have to see what happens. This was not an easy trade. It might break a little bit lower but it could still be a decent long trade if it extends a little bit lower but then finds Buyers. I thought it was important to look at the monthly chart to see if there...
October 4th 2003 10:40 am. It looks like silver is going to make a new low after we found a bullish reversal yesterday. I don't mind a little bit of risk but I go out of my way to avoid large stops... so this is how I would manage a trade based on that. It does require looking at price action and retest of gaps or failure to retest gaps to help me make trade...
October 3rd 2023 Yesterday I put a target area for where silver would stop going lower and start moving higher. It did that earlier this morning and what I mean by that is the market opens up around 6:00 pm I believe after the session break and sometime last night it went lower and then it reversed. Now it's only up a little bit and I think that it will continue...
October 2nd 23: In this video we see the market lower than it was last night. I changed some of the chart in a little bit because I didn't like one of the ABCD patterns... so I explained that. I changed the range boxes a little bit.... when the market went a little bit lower I visualized it a little differently.... so I changed that. The market went lower and...
October 2nd 2003 2:30 am This was a tough video for me because I know my choice of words aren't necessarily clear as I try to look at the price dynamics of these markets. If I weren't showing my charts or working with other people it wouldn't matter so much to me because I know in my mind where the buyers are and the sellers.... and if the market moves in a...
October 1st 2003 I missed the incredible price action on Friday.... I just wasn't looking. This is a great example of an expanding market that not only went $5,000 higher but it corrected $5,000 lower.... if you are a great stop and reverse trader you should have had a real nice day..... or if you missed the opening trade higher..... there would be a reason to...
September 29th This review of the es shows a good short trade and a good long trade over the past couple of weeks. Generally most people do not short the markets and I think this is not necessarily a good approach. The futures markets are much easier to short and you don't have to pay a fee as you would with equity markets when you borrow shares of the company...