Welcome to the video update for Thursday, July 29th. This update will focus on how Trader Rick uses multiple timeframe analysis and market structure to identify and confirm an intraday setup. We are using the ER chart beginning with the weekly where we find price in the sell zone. The daily chart price action shows […]…
Welcome to the video update for Monday, July the 26th. First chart is the EUR/USD weekly where we are still tracking a potential ab=cd pattern with a D target just above the 1.1400 area. Note the overhead resistance area. Take a look at the daily chart where a possible inverted head and shoulders may be […]…
Welcome to the video update for Monday, July the 12th. Please note the next video update will be either July 21st or July 22nd. Trader Rick will be on vacation in beautiful Arizona enjoying the hot weather. First chart is the EUR/USD pair weekly chart and note that price is in the sell zone, up […]…
Welcome to the video update for Friday, July the 9th. First chart up is the EUR/USD pair weekly chart where price is up against the upper keltner, meaning price is in the sell zone. Dial down to the daily chart and you will see price is still in an uptrend with no signals to go […]…
Welcome to the video update for Tuesday, July the 6th. The markets are closed on Monday in the US for the Independence Day holiday. Electronic sessions close early on Monday. First chart up is the EUR/USD pair monthly chart where we continue to monitor the possibility of an ab=cd pattern. Trader Rick discusses another possibility […]…