Indexes

Downside Potential Here

SPX is at a potentially significant inflection point here, with a setup for a possible sharp retracement. SPX has broken down from a short term rising wedge and formed a possible double top. A possible hourly RSI 14 sell signal is brewing and the obvious first downside target on SPX in the event of a...

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Commodities, Energy, precious metals

The Weekly Call – Trade Setups for the Week of June 10th

The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance is showing more than a 285% 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,...

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Crypto-Currencies

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for June 10th

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 — Triangles are indecision patterns. We...

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Paragon Options

S&P 500 Futures Option Risk Reversal Exit

Paragon Options is a service that focuses exclusively on futures options. By doing so we are taking advantage of superior premiums compared to stock options and asset diversification offered by futures. Paragon Options is a directional options service that will focus on Metals, Energies, Bonds, Currencies, and Commodities. This service will launch on June 25th. The...

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Indexes

Filling The Island Top Gap – Take Three

We did our monthly free public Chart Chat yesterday and, if you missed that, you can see the recording posted on our June Free Webinars page. ES/SPX has been forming a likely large bull flag over most of the last month, and the flag pattern is the unusual and very poorly named broadening formation, right angled and...

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Trading Systems

Introducing The Art of Chart Trader’s Toolbox

We are introducing a set of trading systems called The Art of Chart Trader's Toolbox. The Trader's Toolbox is a day trading system that provides perspective on high-quality, profitable trade setups for day traders.  The objective of these tools is to help traders identify profitable setups while managing risk. To subscribe to The Art of Chart...

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Commodities, Energy, precious metals

The Weekly Call – Trade Setups for the Week of June 3rd

The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance is showing a more than 284% 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,...

read more
Crypto-Currencies

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for June 3rd

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 — We have bounced of triangle...

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Paragon Options

Paragon Options – A Long S&P 500 Futures Options Trade

Paragon Options is a service that focuses exclusively on futures options. By doing so we are taking advantage of superior premiums compared to stock options and asset diversification offered by futures. Paragon Options is a directional options service that will focus on Metals, Energies, Bonds, Currencies, and Commodities. This service will launch on June 25th. A...

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Indexes

Testing Double Top Support

Interesting setup on SPX here as the holiday week begins. SPX is now testing the larger double top support that I was looking at last week and has broken slightly below double top support at the open. From here there are only two high probability options. The first option is that SPX continues down towards...

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