10.18.24. the markets are volatile some nice changes and continuation trades. even though the metal markets are moving higher..... and might very well go much higher... I'm looking for reversal patterns and a correction. we might be coming to a bullish reversal in the natural gas market.
10 16 24. here the dxy may be coming to sellers and this is where I would expect a reversal. the dxy and the metals have been going higher which is not typical. this is probably a signal that the metals are bullish which means there are buyers. on the other hand if the gold or the silver trade lower.... that would be possibly a good time to buy the...
10 2 24 I started with crude oil looks like it might go higher and might be what some people would call a spike trade which will drive the market much higher. I listen to the video before I uploaded it and I made a mistake regarding Spike trades which look for the market to double the range of the Spike... not triple the range. gold is in a Range box and...
October first 2024. this is the second video today. the first video I talked about range boxes on the dxy and I described the problem with ranges that don't have enough vertical range. oil had arranged box with a range of about two to $3000 from top to bottom or bottom the top. you can trade that type of a range and it will be accompanied with good trade location...
this is October first. this video was difficult for me I thought about deleting it but I think the section on Range boxes can be useful since I showed the difference between a good range box and a bad one from my perspective. and the metals markets were tough because I'm looking for a reversal lower even though those markets are at least temporarily still...
September 30th 2024 up Sammy's video.... I've forgot Bobby's name. I'm going to be doing these depending on 10 minute get togethers where Sammy shows me his computer and I see that he made an effort to draw some lines. I am going to try making these videos shorter than 30 minutes....... but I am promising Sammy that our little get-togethers are not going to...
9 24 in this video I gave a quick look to the markets mentioned above.
Monday 9 23 I'd be taking my profits if I were long on gold. dxy is stuck at a support resistance level and it is above the support resistance line but could easily go lower and I show you that on the video chart. I don't think that oil is bearish but there's a scenario to look at to determine if you want to be a buyer seller and I show what the lines...
The dollar went up today this means that there should be some downward pressure on the metals. a number of markets are starting to range and they gave some examples of that in the video.
9. 17. 24 in this video I am following up on some comments that I made yesterday. I was looking for these markets to trade in a certain direction but I couldn't initiated trade for various reasons that I explained. it turns out that the next trading day the market produced the trigger for those markets to go higher and I want you to see how that works. if...
we took a look at soybean oil... it's probably a buy with a small stop if you're not already in. I forgot to include gold and silver. The gold made a new high today and I would be concerned about a correction lower. I'll put a chart up later today or tonight Coffee looks like it's heading for all time highs.
9.13. 24 in this video I talked about a few markets some which are not notated on the caption above but you'll see them in the video..... and I spent more time talking about issues with regard to maximizing your return when it makes sense.... because it's not just minimizing losses. it is also minimizing reward when it makes sense... and both of these issues make...
9.12.24 this video is a follow-up of yesterday's video showing what I thought was a manipulation in the market to attract sellers in a market that was about ready to go higher. I Define it as a bear trap but I'm not sure if that's what the official name would be. up what's more important is to know what a market looks like that can adversely affect your trade...
9.11.24 it turns out that this video only talks about oil. there were other important markets such as the dollar and the currencies and also some commentaries on other markets that I've been looking at when a routine basis with these videos.... but there were some special things that occurred on this particular Market and it gave me a chance to talk about my...
9 10 24 there was a good short trade for oil and now that it's closer to the bottom of arranged box I would be looking for a reversal pattern to go higher or I would take my profits which would be 2000 dollars and sit tight. soybean oil just took a dive lower but couldn't make a move below the support area when the market first started going higher.... so...
9.9.24 there were some great moves at the end of last week and there were great reversal areas this weekend on Sunday especially with the ES and this follows the previous video when I predicted that the es would go down about 100 points. I botched up the silver on this video a little bit but it made a real nice movement lower and came down to support ... but I'm...
it's about 12 midnight.... I misstated it in the video.. I think the Market's going lower even though it's at a support level because the market had already had a high and it's a number of weeks later and the market could not retest the high and now the market looks like it's going to break lower and the reward is about 100 points maybe more. I don't quite...
this is December 5th and I'm looking at a number of markets in addition to the metals. there were nice easy moves on gold and silver for a scalp. the soybean oil may start going higher if it finds a 2-point reversal to go higher and then I would look for it to possibly break higher and expand if it can just reach the previous High