The close on SPX yesterday was a clear close back over the 5dma, and as it has been a decline of more than 2% since the last break down, that puts SPX back on the Three Day Rule. That means that if SPX should deliver a clear close (4/5+ handles) back below the 5dma, currently...
read moreMonth: October 2018
The Weekly Call – Trade Setups for the Week of October 28th
The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance shows a 334% 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. I am holding bonds long...
read moreMonth: October 2018
Crypto-Currencies: Bitcoin, Litecoin and Ethereum for October 28th
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 — Still waiting on the lower...
read moreMonth: October 2018
Looking At The Bigger Picture
SPX retested the retracement low this morning, so the Three Day Rule target has been reached. This is a return to form after the first fail on this stat since the start of 2007 in April/May 2018. Still the strongest stat I follow. So what now? From a cycles perspective there is a cycle high...
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The Weekly Call – Trade Setups for the Week of October 21st
The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance shows a 325% 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. I have set a new...
read moreMonth: October 2018
Crypto-Currencies: Bitcoin, Litecoin and Ethereum for October 21st
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 — No change in forecast, still...
read moreMonth: October 2018
October 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. Sunday, October 7th, 2018 4:00 PM - 5:00 PM EDT Free Chart Chat - Live Technical Review of Trading Opportunities Chart...
read moreMonth: October 2018
Don’t Fear The Reaper
It has been a while since we have seen a Three Day Rule signal fix, in part because the rule requires an initial 2% decline, and those have been pretty rare over the last couple of years, but the Three Day Rule triggers when there has been a minimum 2% decline on SPX and then...
read moreMonth: October 2018
The Weekly Call – Trade Setups for the Week of October 14th
The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance shows a 325% 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. The beginning of October was...
read moreMonth: October 2018
Crypto-Currencies: Bitcoin, Litecoin and Ethereum for October 14th
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 — No change in forecast, still...
read more