Day Trading US Dollars

[caption id="attachment_6082" align="alignleft" width="150"]
US Dollars[/caption]  Day Trading US Dollars Chart on Weekly Level:Hi Traders, this is just an update for 1st target, and also, result of my work on US Dollars FDAX futures. Like I mention, I was waiting buyers get exhaust before shorting US dollars. We din't have to wait for to long.Sellers are in total control of US$ this week, will see if they can close at this level also. Even if my 1st target was at 7468.00 , and I'm sure we will get this price.Watch who's in control in volumes. If buyers start to be stronger than Sellers. Just Sell.                                                                      (Past Post on US$ :http://www.moneymakeredge.com/blog/economy/day-trading-3/ if your interesting to read more about US Dollar)  Tomorrow would be very interesting day, maybe not so far on Us Dollars Index, but, for sure on S&P 500 Index. (See post about S&P 500 for more information).For US$ / FDAX, if we close ,lower on  my trend line of Bullish channel, looking to go short till my 50MA. Tomorrow I'm watc [...]

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Day trading Gold

Day Trading Gold by Using  GC E-mini Contracts

[caption id="attachment_6028" align="alignleft" width="150"] Gold Day Trading Chart[/caption]

Day Trading Gold Weekly Chart Movement:

After Buyers's failure to go back to double top with so many commitment ,Sellers get in. and go back directly to MA 50. take a break, and push one more time under 50MA. Since 4-5 weeks Gold are more likely to be in consolidation, but Sellers still control the game, and 50MA are more likely to support Sellers than Buyers. And As you can see, we are in Bearish channel.   Double Top: Important thing to look at, Buyers never was able to go back to "the" double top price. And they try twice. 1st Short Target Line: This price are also resistance or support, depending who's in control at this level. So far, Sellers are trying to control this price but buyers resist to sellers. Double Bottom: My 3rd target are not at this double bottom, for only one reason. Sellers fail every time to close under 1582.00. this is another important price to win for sellers, if they are looking to go lower. [caption id="attachment_6030" align="alignright" width="150"][...]

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Day Trading Oil Crude

Day Trading Oil Crude , by using E-mini QM Charts

[caption id="attachment_6001" align="alignleft" width="150"] Day trading Oil Crude[/caption]

Day trading Oil Crude Weekly Chart / Monthly Chart 

AS you can see, we touch once again the "red short trend line". And we finish with a Doji. If this months we close lower than 94.00 price, we are going to test  my "2 green line". Also is my long term targets. My "Small green Line" is my first target to get hit on weekly chart. For Next weeks, I'm looking for short Oil, if we close under 94.00.   [caption id="attachment_6000" align="alignleft" width="150"] Oil Crude Day trading Chart[/caption]

Day Trading Oil Crude Daily Chart with targets

Monday, like for most of my direction will be a decisive day. We are at the end of consolidation [...]

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Oil daytrading

Oil daytrading price update and targets on BRN Futures.

  This Chart are 4 Weeks Old, I use it on my old post. As you can see,my green Buyers trend line was useful and did support price at ~111.45 price (red line). And now,this price are supporting Buyers . I'm looking to get to my second target and a 3rd in few weeks. then we will hit the first double top (3rd target long), and depending on each party commitment, we should get out or keep "long" position. For next week , if sellers win on Monday, with more than 200k of volumes. We will see a 50% retracement, to my red line. Is possible to see price go down till 100.35 , but buyers should not support this price, and close above ~111.45 (red line).

Oil dayTrading Movement of price for next week

[caption id="attachment_5874" align="alignright" width="150"][...]

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Day trading Course S&P 500

Day Trading Course of S&P500 for Market Movement and Targets for next week  ,by using ES E-mini.

As you know, wee finally hit the1500 points on ES. First thing to notice, we did not close above 1500(only on S&P 500 index). Second thing to notice; we got about 1500K. of volumes when average was 1000k past days. So, with 500k of extra volume, we wasn't able to close above 1500 points. I won't say is a big deal, but is something to considerate.

Depending on how market will close on Monday or Tuesday, I will decide to take a trade or not. If I have no signal, I pass for this week once again. Also, depending how market will close this week, it will tell us how February will be.

If market Close lower than ~1461.00, or even better; lower than 1442.00 , I'm looking to Short February.  If we close between 1500 to 1461, I'm looking for another months of consolidation / low volume, till the Fiscal Cliff. PS: Next week we have many important news, every day. I'm looking for very volatile week on Market.   [...]

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Day Trading US Dollars / US $ Index

Hi traders! This week let's focus on US Dollars Index.

Day Trading Monthly Chart

[caption id="attachment_5822" align="alignleft" width="90"] US$ Day Trading Monthly Chart[/caption] On monthly chart, we can easily see are  "Long trend" with a possibility of Short opportunity . Be aware, this month is not finish yet, and the candlestick can be different at the end of this month. Also look on volumes, they drop...no surprise at this level price. That mean we are going in a consolidation zone to see if buyers will keep buying or sellers will take over.  

Day Trading Weekly Chart

[caption id="attachment_5823" align="alignright" width="120"] US$ Day Trading Weekly Chart[/caption] For now,Sellers are wining. The reason I'm waiting till the end of this month, is because we may see sellers win for a short terms. And then let buyers take the control of market to exhausts them. And then, Sellers will take control again more easi [...]

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Day Trading S&P 500 Chart

Hi Traders,we are moving to the double top of 2000 & 2008. Is why on this post, I will use S&P 500 Index, to show you what's going on and talk about Market Movement. ----------------------------------------------------------------------------------- First Part: Will be about Market Movement with S&P500 Second Part: Is about Targets on ES 1440 charts for next week. -------------------------------------------------------------------------------------- First Part

Day Trading Monthly Movement of Market

[caption id="attachment_5777" align="alignleft" width="150"] Day trading Monthly Chart[/caption]

Dark Green Trends Lines: This is to show you how confident Buyers was few month ago.

Lime Green Trends Lines : As you can see...after 1300 points, Sellers and Buyers are more careful. and we have more consolidation zone, and almost every time, we have important unsupported price.

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