Sunday, March 17, 2013

US Dollars H&S

US Dollars H&S  on weekly Chart. [caption id="attachment_6287" align="alignleft" width="150"]day trading us dollar 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"]day trading crude oil 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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Wednesday, March 13, 2013

Day trading Crude Oil

Day Trading Crude Oil , Update on my Short Trade.
[caption id="attachment_6274" align="alignleft" width="150"]day trading oil 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"]gold trading 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"]Silver Chart 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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Saturday, March 9, 2013

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"]crude trading 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 trading 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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