Sunday, April 7, 2013

GBP/USD Day Trading

GBP/USD Day Trading Using Futures Contract 6B

[caption id="attachment_6379" align="alignleft" width="150"]trading GBPUSD British Pound day trading[/caption] GBP/USD Day Trading 1440min chart On this chart I add another 50% Ret. of Fibonacci . Right now, we are testing my 2nd Fib. It may be a good call for short trade , buyers who wasn't able to close above 50MA. I'm looking to see sellers get in market in next hours, and bring GBP/USD price at my 1st red area. witch is the double bottom also on short term. If sellers can't keep GBPUSD price under my brown line( 1.527) , I'm looking for buyers to go directly to the 1st Fib. If it happen, Buyers will be exhausted once they reach  this level (1st Fib),and it will be a great call for short trade.

day trading course

AUD/USD Day Trading

AUD/USD Day Trading using Futures Contract 6A

[caption id="attachment_6373" align="alignleft" width="150"]day trading aud/usd aud/usd trading[/caption]

AUD/USD Day Trading Weekly Chart

1.0360, is the price  Aussie never close above for few months. Right now Aussie are looking to make an H&S ( Head and Shoulders pattern). After failing to keep price above 1.0360 , Aussie price start to fall. the second shoulder should be at the same price as 50MA. I'm looking for AUD/USD price bounce at this level. [caption id="attachment_6372" align="alignright" width="150"]trading aud/usd aud/usd day trading[/caption]

AUD/USD Day Trading 480min Chart

Here we have an "M" pattern. Right now, we are in a consolidation zone, and even better Aussie price are between MA50 and MA200. Depending if we bound or pass the double bottom of "M" pattern w [...]

day trading course

Natural Gas Day Trading

Natural Gas Day Trading, Update on my last post of 04-04-2013

[caption id="attachment_6367" align="alignleft" width="150"]trading Gas NG trading[/caption]

Natural Gas Day Trading

On last trade I was looking Natural Gas hit to my 2nd or 3rd target and then was looking for sellers get in the market or buyers keep moving up. On this move UP , volume from buyers was great, and look to be committed to keep move up. I don't see any sellers is why I recommend to wait to see who will take control of 4.15 and 4.0$. area. 50MA: Look like, 50MA are very nice support for buyers on Natural Gas. I will wait one week till the end of the week to make a new call on Natural Gas.

I use same system to trade any commodity/Stocks/Currency/Index. For those who are interested to take the course, contact us for more information.



day trading course

Trading Crude Oil

Trading Crude Oil , using E-mini Futures QM Chart

[caption id="attachment_6361" align="alignleft" width="150"]trading crude oil crude oil trading[/caption]

Trading Crude Oil Pennant

On Weekly QM chart we can see buyers fail to close or stay above 200MA. And from sellers side, they fail to pass bullish trend line. For next movement, I'm both Short And Long.But more likely to go for a short one. [caption id="attachment_6360" align="alignright" width="150"]Trading crude oil Crude Oil trading chart[/caption]

Trading Crude Oil 1440min Chart

This is a big picture of what is going on. Sellers showing lots of commitment, but have hard time to pass my orange area (fight zone). Cyan Line: This trend line was a support for sellers, and my Reversal point to take a short trade. But for this time, I don't see this trend line act as reversal, but more likely to act as a [...]

day trading course