Crude Oil Waiting for my Trade

Crude Oil Waiting for my Trade ,on QM 04-13 1440min E-mini Futures

[caption id="attachment_6258" align="alignleft" width="150"] oil trading[/caption] Crude Oil Daily Chart Quick post that I want to make about Crude Oil trade to take very soon. even if we can see Crude Oil going "Long", I'm not focusing on this trade. First, this trade already start few days ago, and not much profits left to do. Is why I'm watching the "Reversal" trade to take soon. Is not yet done  but will be an Amazing Short call to make if I get what I want. Also, because this trade may go to fast,and we have few resistance, I probably won't have time to make my "Short Call". But this what should happen to get a short trade and what to take in consideration. 2 places where we can see a "short call" -What I'm looking at first, it's to go back in my green area, and test this and my "small resistance". -If we pass this price area, I'm looking too [...]

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Silver Trading Course

Silver Trading Course on SI 05-13 E-mini Futures

Silver Trading: my post will be small on this one. Since Gold and Silver move almost same way. But still, have some interesting thing to show about Silver. [caption id="attachment_6251" align="alignleft" width="150"] Silver Chart[/caption] Silver trading Course: Silver is in Bearish Channel as gold, and All my DeepPink are important price to watch. My orange Area and 2 line, are the targets and area where silver should go if we go Long. On Silver as on Gold, I'm more "Long" than "Short". The only reason, I'm both direction on market on any index now, it's because those few days, it was very hard to see market direction and we consolidate for too long to see clearly who's winning. On gold, I din't like the fact on last move sellers bring price to very low on last move, On Silver, I don't like the fact,Sellers din't go to the 200MA and retest my lower red trend line on weekly chart.   [caption id="attachment_6252" align="alignright" width="150"][...]

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Gold Triangle

Gold Triangle, Targets&Direction on GC 04-13 E-mini Futures-Contract

After few days of consolidation on Gold and Silver, I was happy to see something interesting for next week(s). Will go from Monthly to Daily (1440min chart) with Direction & Targets. [caption id="attachment_6241" align="alignleft" width="150"] Gold Triangle[/caption]

Gold Triangle Monthly:

As you can see, on long term we are in Bearish triangle. To keep this movement on long term, we have to break are bearish channel on weekly chart. To do this,Buyers need to pass my orange area price. And then, retest gold price around 1700. Gold Bearish Channel: [caption id="attachment_6242" align="alignright" width="150"] Gold BearishGold .... Weekly:[/caption] On weekly chart Sellers never was able to close under [...]

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Market at Top

Market At Top! There we go! will we go for a Major correction, yes or non? if yes soon? or will market keep going and create new highs every day?I wish I can have a 100% answer to this question. I'm working on few stuff on long term. I will share with you in futures.  For now, let's see what is going on in Market. I will use S&P500 Index on Ninja Trader.

[caption id="attachment_6227" align="alignleft" width="150"] S&P 500 Monthly[/caption]

Market at Top

S&P500 Index Monthly Chart : On this chart, you can see we are at tops of 2000 and 2008. I have few double top here. is not easy to say witch exactly will work more than other one. But I put those 2. 1st ~1522 and 2nd , ~1564 .don't use this as "precise targets" . For now, notice we are to far of MA50 and MA200. We getting almost same pattern as 2000 and 2008 correction.  I don't really have much to say about monthly chart, but it's always good to look at big picture,  at first of the months. [caption id="attachment_6228" align="alignright" width="150"][...]

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US$ Direction

US$ Direction on DX 03-13 E-mini Futures Contract

My direction Long term, in "Long" if we keep the same commitment from buyers. Right now, we should take a break as a consolidation or go back to resistance #2 or #3. [caption id="attachment_6221" align="alignleft" width="150"] DX[/caption] US$ Direction Weekly: On Weekly chart, we din't close above the double top. Is why, Buyers will probably take a break and then push one more time and should easily pass this price next time. For this they need to go back at MA50 and MA200 , or at least as close is possible.  and then, enter in market with higher volume than past move UP. [caption id="attachment_6222" align="alignright" width="150"] dollars[/caption] US$ Direction Daily: On daily chart, we can see many support for buyers, and is why I say I was "long" before . Notice also, we are creating a new Bullish channel. We are leaving the small, to create a bigger one. Is not yet Donne/confirm, but look like it will. # [...]

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Gold Direction

Gold Direction using GC 04-13 E-mini Futures Contract. 1440 minutes Chart. Gold drop faster than usually, and was looking to break bearish channel on weekly chart. Gold price close at 1580.4. You may think is a safe trade to take "Long" so we respect or trend line, but let me tell you, it's not an easy trade to take. very tricky! . Sellers was so strong and so committed  that buyers wasn't able to create any dissent resistances during past two weeks. 

[caption id="attachment_6210" align="alignleft" width="150"] gold[/caption] Gold Direction Long:

Gold direction long , if you are looking to take this trade. make sure you see buyers twice more than sellers. If we go long, not much to say...we are looking to respect bearish trend line. My targets are : 1st: 1592.0 , 2nd: 1619:  and 3rd 1647. 1592, are my " safe target", I will explain why later. and 1647 is the price we should hit and close at this price before another reversal. I will be honest,I don't see this happen.

  [caption id="attachment_6211" align="alignright" width="150"][...]

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Trading Gold

Trading Gold On GC 04-13 E-mini Futures Contract.

[caption id="attachment_6205" align="alignright" width="150"] Gold Chart[/caption]

Trading Gold:

Quick Update on gold, to look how this week will end. As you can see, Sellers are truly committed to bring Gold price under 1580, And then, will test a very important resistance 1543.32. This what you have to watch on this week-end, before take gold Long or Short. -Will buyers be able to push sellers back ,to close above 1580? If yes, bearish Chanel will be respected and we should see buyers go back as close as they can to my green spot. -If sellers will close under 1570: We may just keep go to 1543.32. But if Sellers decide to take a break. Buyers should not go above ~1615 for a maximum ~1634 price. I will also, update gold Post, on this weekend, [...]

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