March 2018 – The Art Of Chart

Month: March 2018

April Free Webinars

We provide free webinars to support traders in developing skills in technical analysis, risk management, and trading psychology. This month we feature four free webinars that will improve your skills as a trader. Thursday, April 5th, 2018 5:00 PM - 6:00 PM EDT Ask Us :) - The Art of Chart Q&A Session for...

One Down, Three To Go

Today is the end of the first quarter and the first day of the second quarter on Monday traditionally leans 75% bullish. That's worth bearing in mind here as any bullish move here may follow through on Monday. Full Intraday Video from theartofchart.net - Update on ES, NQ and TF (at the start) and then DX, CL,...

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for March 25th

Crypto-currencies are now mainstream trading instruments. I am providing charts on this blog on a weekly basis. I plan to cover just three cryptos: bitcoin, litecoin, and ethereum. The point of this weekly post is to show the crowd psychology behind the price movement to support high-quality trades. BTCUSD - this is a critical week...

FOMC Tomorrow

ES bounced at monthly pivot support yesterday and a likely bear flag is forming that on a break down should at minimum deliver a retest of yesterday's low, and likely continuation lower after that. There is a small section looking at Facebook at the end of the video today. Intraday Video from theartofchart.net - Update on ES,...

A Promising Start

ES never managed to break below weekly pivot support last week, but the new weekly pivot moved over price and ES is now testing the monthly pivot at 2698, which is holding so far. SPX and NDX have broken their rally rising wedges and retraced 38.2% of them, and if we are to see a...

The Weekly Call – Trade Setups for the Week of March 18th

The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance showing over a 290% return since October 2016. The purpose of this blog is to demonstrate how to swing trade futures using our methodology to select high-quality setups and manage the trade with our risk management approach. This week, I am...

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for March 18th

Crypto-currencies are now mainstream trading instruments. I am providing charts in this blog on a weekly basis. I plan to cover just three cryptos: bitcoin, litecoin, and ethereum. The point of this weekly post is to show the crowd psychology behind the price movement to support high-quality trades. BTCUSD is still in the wave 2...

In-Between Daze

Today has been a choppy in-between day as SPX/ES has tested strong support and, so far at least, failed either to convert it to resistance and continue down, or rally strongly from it. However, we are likely to see one or the other of those soon and I'm surprised that the process has taken as...

Testing Key Support

Yesterday's promising start to the downtrend has continued today and brought ES & SPX down to test important trend support at the weekly pivot on ES at 2749 and the 50 hour MA on SPX now at 2751. SPX is trading about 4 handles below ES today. A decent confirmation that support is breaking would...

Buffing Fingernails Modestly

Stan and I were saying in the monthly free public Chart Chat on Sunday that the last day of the cycle high window was today and we were expecting to see a rally high made by the end of the day. You can see the recording of that here. There was obviously no doubt in our...