May 2019 – Page 2 – The Art Of Chart

Month: May 2019

X Marks The (Ideal) Spot

Before the open this morning I was cautiously predicting that ES would rally today to a higher high than yesterday, ideally failing today at a high in the 2865-9 area. As it happened the low of the day was happening at the time on ES, slightly before the RTH open, and ES is now testing...

The Battles Of The Band

On Thursday before I wrote my post SPX went a few handles below the daily 3sd lower band, and as I'd generally expect we saw a strong rally from there. On Friday, somewhat to my surprise SPX again went a few handles below the daily 3sd lower band, and we then saw an even stronger...

Commodity Advisory Newsletter May 12th

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...

The Weekly Call – Trade Setups for the Week of May 12th

The Weekly Call provides perspective on high-quality setups and trading strategies. My current performance shows a 405% 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 have...

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for May 12th

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 — I was expecting a higher...

Taking Stock Here

Last week I was looking at support that needed to be broken at the SPX daily middle band to open further downside and obviously SPX did that and could be at or close to the wave A low here, looking then for a B wave rally, and then a C wave down into the next...

Trade Smarter, Not Harder

At The Art of Chart, we are always striving to improve our services to better serve our customers. We have a number of improvements we have made to our site which I’d like to highlight which we hope cause you to Trade Smarter, Not Harder...... Our Partnership with Striker.com and StrikerOnline.com Our services often trade...

The Weekly Call – Trade Setups for the Week of May 5th

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for May 5th

Important Support Breaks

Since my post a week ago SPX has retested the all time high as expected and made a marginal higher high, the rising wedge from the December low has broken down, the second daily RSI 5 sell signal since the December low has fixed, the first having played out into the March low, SPX has...