Commodities, Energy, precious metals

The Weekly Call – Trade Setups for the Week of February 4th

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

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Crypto-Currencies

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for February 4th

Crypto-currencies are now mainstream trading instruments and so I am providing charts here 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. BTC broke lower last week and hit the...

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Indexes

Well That Delivered Faster Than Expected

Stan and I are doing our free monthly Chart Chat on Sunday at theartofchart.net. We'll be covering the usual wide range of instruments and you can register for that on our February Free Webinars page. No futures charts or video this afternoon as I tripped over this morning while trying to find somewhere in an unfamiliar city using...

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Indexes

Likely Daily Middle Band Test Next

ES/SPX just consolidating here at the moment, though if there is a break and conversion of the 50 hour MA now at 2841 that would open a test of the open breakaway gap down from 2853.53. In the absence of a breakdown, the obvious next target would be the daily middle band in the 2800...

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Indexes, Uncategorized

Island Top on SPX

Well obviously SPX didn't do the higher high that I would have preferred, and this morning's gap down broke down through rising wedge support and also gapped back through the open breakaway gap up from 2839.25. This currently leaves a decent quality island top on SPX and an open breakaway gap down from 2853.53 that...

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Indexes

Non-Verbal Communication

I had an interesting question on my Twitter that I answered this morning, and it was in response to my tweet at the open on Friday saying that both ES and NQ had formed clear bullish triangles and that I was expecting ATH retests on both. The question was from later in the day when the ATH...

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Commodities, Energy, precious metals

The Weekly Call – Trade Setups for the Week of January 28th

The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance is showing a more than 200% 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 January 28th

Crypto-currencies are now mainstream trading instruments so and I am providing charts here 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 find profitable trades among these instruments. BTC broke lower and penetrated...

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Free Webinars

February 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, February 4th, 2017 4:00 PM - 5:00 PM EDT Free Chart Chat - Live Technical Review of Trading Opportunities Chart...

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Indexes

… And To Finish Monsieur, A Wafer Thin Triangle

I said on my Twitter this morning near the open that both ES and NQ had formed bullish triangles that should at minimum deliver full retests of the all-time highs on both in the near future. ES did a new all-time high this morning and NQ has now scraped a new ATH by a tick this afternoon....

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