Welcome to the video update for Friday, April the 30th. First chart up is the EUR/USD daily chart. If you are not using fibonacci levels in your charting, hopefully this chart will sway you to at least consider using fibs. This chart has an ab=cd pattern where price stopped right at the 1.27 fib extension […]…
Welcome to the video update for Monday, April the 26th. Quick reminder that Wednesday is FOMC announcement day at 2:15pm est. Make a note on your trading calendar! First chart is the weekly EUR/USD pair and last week price traded lower but we have early evidence that a trading range may be forming. The overall […]…
Welcome to the video update for Monday, April the 19th. First up is the weekly EUR/USD chart where price attempted to close in the sell zone last week but was not able to do so. IF price can rally in to the sell zone, specific resistance levels are discussed. Take a look at the daily […]…
Welcome to the video update for Thursday, April the 15th. Trader Rick reviews a failed pattern that was originally discussed in the video update of April the 8th. The ES 129,600 volume timeframe had the potential for a head and shoulders pattern, but how did that turn out? Be sure to take a look. Remember, […]…
Welcome to the video update for Monday, April the 12th. We will start with the EUR/USD weekly chart where price is moving in to the sell zone in the overnight market. Note Trader Rick’s concern on taking a short setup if presented. On the daily chart Trader Rick is looking at a possible ab=cd pattern […]…