welcome to the video update for Monday, August the 17th. Trader Rick begins with the eurostoxx 50 weekly chart which indicates loss of momentum but price is still trading outside the upper keltner band which is notewortthy. Watch the 60 minute chart to see if price moves in to the sell zone. On the weekly […]…
Welcome to the video update for Thursday, August the 13th. In today’s video update, Trader Rick covers 6 markets, starting with the weekly Canada chart where we continue to monitor the status of a dragon pattern. Do you know the potential of this pattern? Look for price to form a simple pattern or a complex […]…
Welcome to the video update for Thursday, August the 6th. Trader Rick covers the euro currency and the ES in the video update so this will be a short update. In the euro, an ab=cd pattern is shown on the daily chart and illustrates the value of recognizing a possible ab=cd pattern, especially if you […]…
Welcome to the video update for Monday, August 3rd. Trader Rick begins with the eurostoxx 50 weekly chart. Price continued higher last week but is showing signs of loss of momentum. See what level to watch on a weekly closing basis that will signal a retracement may be underway. The daily chart shows the first […]…