Several commodity markets are poised for well-defined up-trends this year. I plan to write about these markets on a bi-weekly basis as the views presented here are more thematic and longer term in nature. Updates to the trading strategies published here will be provided on an ongoing basis. In this issue, I will be focusing...
read moreMonth: April 2019
The Weekly Call – Trade Setups for the Week of April 14th
The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance shows a 396% 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 past week I took...
read moreMonth: April 2019
Crypto-Currencies: Bitcoin, Litecoin and Ethereum for April 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 — Pull back as expected and...
read moreMonth: April 2019
Stick A Fork In It
On Tuesday I was talking about the likely outcomes if SPX/ES managed either to convert the weekly pivot (2879.50) to resistance or failed in that attempt, and the likely outcome in the event that WP held as support was a full retest of the swing high and likely marginal higher high. WP held as support...
read moreMonth: April 2019
Looking At Support Levels
This really is one of the most nicely formed trendline highs on SPX/ES here that I've seen in a while and, so far at least, trendline resistance is holding like a champ. As long as that remains the case we should either be starting the first swing down now or, if the weekly pivot on...
read moreMonth: April 2019
The Weekly Call – Trade Setups for the Week of April 7th
The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance shows a 393% 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. Six winning trades in a...
read moreMonth: April 2019
Crypto-Currencies: Bitcoin, Litecoin and Ethereum for April 7th
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 — Last week we finally made...
read moreMonth: April 2019
So Here We Are Again
On Tuesday I was looking at the obvious resistance trendlines on SPX that might be hit this week in the 2885-2900 area and I've been watching those since. This morning they have been hit at 2891/2 with a possible hourly RSI 14 sell signal brewing, so this is an important inflection point and possible swing...
read moreMonth: April 2019
Topping Options
The short term resistance on the SPX 5dma and 50hma that held for much of last week eventually broke and delivered the high retest and marginal higher high that I was looking for in the event of that break. So what now? Well I'm expecting this to be the second high of a double top...
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