US Dollar Day Trading

US Dollar Day Trading ,Using DX E-mini Futures Contract

[caption id="attachment_6308" align="alignleft" width="150"] US$ day trading[/caption]

US Dollar Day Trading Monthly H&S:

We can clearly see H&S pattern Monthly chart. Personally I don't like this short trade for few reason. Volume, buyers Pushing price higher than Left Shoulders. And on daily and weekly chart, we can see buyers trying to close above Red Trend Line. For those who are willing to take this trade. Long Term target will be MA 50, 79.80 and 200MA on monthly chart. Wait for the end of this month, before thinking to take a trade short on DX, few index will probably give us a direction for next  weeks. [caption id="attachment_6309" align="alignright" width="150"] US dollar day trading[/caption]

US Dollar Day Trading Weekly H&S zones:[...]

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S&P 500 Day Trading

S&P 500 Day Trading, Using ES 06-13

[caption id="attachment_6292" align="alignleft" width="150"] sp500 day trading[/caption]

S&P 500 Day Trading Monthly Chart:

On monthly chart you can see buyers fail twice to reach UP Bullish Trend line, and probably will fail on the 3rd time. Right now we can see sellers get in the market on daily charts. What I'm watching for, it's if at the end of this months, market will close under 1508. Is an important price for buyers to support if they looking to keep moving Up for next months and reach my UP Bullish Trend line. If price won't be supported above 1508, I'm looking to short s&P500 Index, Volume: Buyers moving UP with almost same volume all the time, but on every move , we can't match the previous volume high. PS:We still have 1 week to see how this month will close. If we close under 1508. I will see if there's a short direction to "call". Depending on how thing will go on the market. If buyers price will supported...I'm out from s&P500 trading [...]

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US Dollars H&S

US Dollars H&S  on weekly Chart. [caption id="attachment_6287" align="alignleft" width="150"] day trading DX[/caption] H&S on US$ Quick post about US$. This is a H&S trade. Nothing complicate, watching for sellers get in the market very fast. Go back to the 200MA, in my red Area. Buyers volume still Hight, but they should take a rest. Once we get to the 200MA, let's see if buyers will be back. Will make more updates this week.  

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Crude Oil Day Trading

Crude Oil Day Trading, using QM 04-13 E-mini Futures

[caption id="attachment_6282" align="alignleft" width="150"] Crude oil Chart[/caption]

Crude Oil day trading: Big Picture of Why I was preparing for this trade.

This trade have some risk, both reward can be amazing. If you are like me, and you miss your entry at 98$, there a second chance. I'm looking for another Bearish Channel. But for this,sellers need to win this fight at 91$.(consolidation zone #2). If this happen, I'm looking for Weekly chart creating a bearish channel. Why Sellers have more chance to make it this time?break the lower trend line? Well if you look at MA50 and MA200, they are creating a divergence and are very close to each others. and will create a better Support for Sellers. And if you look on volume, Buyers volume drop almost by 50%, and can't beat Sellers last Spike of volume few days ago. What you need to look for is if buyers volume stay in same range, and if Sellers can keep same commitment as before. [caption id="attachment_6279" align="alignleft" width="150"][...]

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Day trading Crude Oil

Day Trading Crude Oil , Update on my Short Trade.

[caption id="attachment_6274" align="alignleft" width="150"] day trading crude oil[/caption]

Day Trading Crude Oil on QM 04-13 E-mini 1440min:

We are now at my "small resistance". So far no one control the QM.But sellers use very well the "small Resistance". As I mention  on Crude Oil last post, if we go short at my "small resistance" point, I pass, for lack of profits.  and because sellers may lose momentum at double bottom by going to fast. I'm still watching Crude Oil Short Trade. If buyers succeed by bring the price at my "Reversal Point". But it won't be easy.  To go short now: Sellers need to be supported by "small resistance",until buyers decide to give up. , careful for "head fake" on Buyers Side. I'm watching very carefully Bonds / US Index and Commodity and US$. If I get what I want, Next weak, I'm looking for great position to "call" and take.    [...]

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Day Trading Gold

Day Trading Gold Update on Last Post

[caption id="attachment_6269" align="alignleft" width="150"] day trading gold[/caption]

Day Trading Gold GC 04-13 E-mini 1440min:

Like on Silver, volume to low. Was looking for at least 200k Volume Spike on my Direction "Long" or "Short". We did not even go to my Mid-Line. Loosing momentum. Like on Silver, Sellers will try to go back to the double bottom at ~1560. on Friday close, will see how thing are going on Gold/Silver. My Short and Long target are not the same, since last time.

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Day Trading Silver

Day Trading Silver Update about my Call Long and Short.

[caption id="attachment_6265" align="alignleft" width="150"] Day trading silver[/caption]

Silver Day trading Update on 1440min SI 05-13 E-mini Futures.

Not much to say about, I was looking for Strong commitment, None...volume did not even go back to the previous high buyers Spike. Buyers being  to weak, creating a "Head Fake". Probably will go retest 28$ or stay in consolidation. Market are toff now, I'm out of Silver trade. If you looking to take trade short, Targets are not 100% perfect since market move. PS: Day trading silver: Perfect example to learn how to manage your risk and stop for maximum profits/minimum losses. Toff market, Stop it's your Best Friend but you need to learn how to use it.

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