Archive

Monthly Archives: January 2013

January 31, 2013

Mini-Russell Anchor Chart Prep

Mini-Russell Anchor Chart Prep The first thing we notice this morning on the Mini-Russell is the big range from yesterday, and even more-so, the fact that we’ve tumbled all the way down to the lows of LAST Thursday, giving us confirmation that we lack confidence going into tomorrow’s non-farm payroll report at 8:30am EST. As we look […]

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January 31, 2013

Crude Oil Anchor Chart Prep

Crude Oil Anchor Chart Prep We can see Crude Oil price-action trading towards the lows of the range from Wednesday.  This tells us that we are going to sit-on-hands until we test the PLOD at 97.31.  Below 97.31 we then look for the Wave Set-Up short, or a seller-failure and we will get long with […]

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January 31, 2013

Gold Anchor Chart Prep

Gold Anchor Chart Prep Gold trading sideways in the middle of the range from Wednesday, which tells us that ahead of NFP we may need to be extra cautious without much market personality. With price-action trading inside the range, we do not have a Wave Set-Up at this time.  We need to see higher-highs or […]

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January 30, 2013

Trade Room Closed Wednesday

Our Live Trade Room will be closed today, Wednesday Jan 30th 2013 due to illness (looks like that flu bug finally caught up to our office). We will re-open our trade room on Thursday @ 8:00am EST for Advanced Members. We apologize for the late notice on this announcement, and look forward to seeing you all on Thursday.

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January 29, 2013

Trade Room Closed today

Our Live Trade Room will be closed today, Tuesday Jan 29th 2013 due to illness (looks like that flu bug finally caught up to our office). We will re-open our trade room on Wednesday @ 8:00am EST for Advanced Members. We apologize for the late notice on this announcement, and look forward to seeing you […]

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January 28, 2013

Euro Anchor Chart Prep

Euro Anchor Chart Prep We can see the euro currency Futures contract trading towards the highs of the range from Friday, however we have not made it there yet.  When we test the PHOD we will then have a few more set-ups to consider, such as thew InsideOut Set-up and the Wave Set-Up. For right […]

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January 28, 2013

Mini-Russell Anchor Chart Prep

Mini-Russell Anchor Chart Prep The price-action on the Mini-Russell takes us above the PHOD and therefor we have 2 set-ups to look for this morning right away.  First, with new higher-highs above the PHOD we will use the Wave Set-Up to get long.  Second, if the buyers fail above the PHOD and price pushes lower […]

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January 28, 2013

Crude Oil Anchor Chart Prep

Crude Oil Anchor Chart Prep We can see Crude Oil has traded above the PHOD so we have 2 trading opportunities around the corner.  First we have an InsideOut Set-up if price moves back below the PHOD.  Second, if we get new higher-highs we will have a Wave Set-Up buying pullbacks on the way to […]

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