1.31.33 Bobby's homework assignment :We had a little workout assignment on oil to look for a long trade...Analyzing Bullish gaps and bearish gaps...And the need to stay focused and engaged in your analysis. OIL
1.3.23 We are looking at TSLA and LBS1! : Both of them have bullish swings....Yet, there may be Signs of reversals period. I would be looking for early Ranging behavior Using range boxes .
1.30.23 Tesla Had a nice run higher comma I would be concerned about sellers stepping in and taking the market lower. Natural gas is Grinding lower, but it seems to be at a potential supportit is set up for a long trade with a small stop. We took a closer look at the ES and oil.
1.27.23 Since I am looking at the same markets with follow-up near the everyday, I think this is a good way to learn how to read markets, but it is more likely to turn you into a scalper or a very short-term Trader, and it requires more screen time, and your trading will tend to be shorter term Trading. You want to spend less time trading and make more money,...
1.25.23 Gold is grinding higher and the silver market Is training in a range. I find it difficult to trade grinding markets even if they're bullish. On the other hand, Ranging markets Are less difficult for me. Short video.
1.25.23 I went through four or five markets that I follow Routinely. I would recommend that you follow my review of the ES.
1.25.23 OIL: I believe oil Is going to be a profitable short trade. I define the stops and the target comma and I showed you how to create some rage boxes that could be useful. I compared the trend line of oil to that of the ES.
1.25.23 This is a review of the ES. ...And trend lines Limitations. There are reasons to think that the es is going to go lower, but the price action Shows more buying than selling ...which creates a conflict. You can still trade that market Profitably.... but you have to use your tools Cautiously.
1.24.23 QG1! LBS1! :Lumber Started out the same way that Natural Gas Is trading now. Both markets Were very oversold and found the reversal comma but then produces A double bottom.... and in the case of lumber, has made a very profitable move higher... about $10,000 higher. We have to wait and see what will happen with natural gas.
1.24.23 Bobby, listen to this video at least twice. Replicate the chart. Spend some time on the thinking associated with this market.... natural Gas. It's not easy finding this kind of analysis. Your risk Is that you spend a few hours... and then you can decide that the thinking behind it doesn't resonate for you . But listen to it first and replicate the...
1.23.23 I made a mistake near the end of the previous video.. Apparently Did not move on today's open. Until it gets higher. This is A little peculiar to be honest. The video shows the Gap that has not been Tested... so there is a good chance that the market will move higher without breaking below the green support line. This is no big deal, however the...
1.23.23 I looked at the two markets that I talked about earlier this morning. This video is all about gaps. You should listen carefully. There were a couple of minor Mistakes that I made..... not really significant. However there was a mistake it should be corrected: At the end of the video I made a statement that the current price had closed the gap on the...
1.23.23 On Friday natural gas came to support area, but there was no sign of buyers until today when the market made a small gap higher. This is what would trigger a buy signal with a small stop. If we get stopped out, there may be another chance to look for buyers.
1.23.23 Dollar on the Futures market: The dollar is at the support area. There is a battle between buyers and sellers at this area. This is also A double bottom. This might imply that the market is going to go higher since it is at a double bottom. This is not necessarily true. I spent some time on ABCD patterns. I am guessing that these patterns are probably...
1.20.23 This Is a Brief review of the coffee market using our tools to make trade decisions.
1.20.23 Bobby's homework assignment: DXY BAC (Bank of America)
1.19.23 I spent a little bit of time on natural Gas, and there may be a reversal here with a small stop. I think this market could definitely go lower but you could take a long trade with a small stop. My biases natural gas is going higher because it's oversold, and one of my concerns is that I'll miss the reversal which means that I have to look for a second...
1.19.23 Bobby's Homework Assignment: Part 1: I have decided to spend A specific amount of time read the charts when it is more difficult to make a decision about the market...when there is a greater chance that I will be wrong. Sometimes the decisions are more difficult to make because the markets Is more difficult to interpret. However, it's better to make a...