Welcome to the video update for Tuesday. Hope you enjoyed the 3 day weekend in the U.S. With the breakout in gold this past week, Trader Rick starts with the daily continuation chart showing a large triangle. So what are overhead targets if price continues climbing? See the minor and major fib extension targets in […]…
Here is today’s video update! Remember, the employment report is released at 8:30am est and the markets are closed Monday, September the 7th for Labor Day in the US. No working on labor day! First chart up is the weekly Canada and Trader Rick shows price is approaching a level of possible significant resistance. See […]…
Welcome to today’s video update! Trader Rick starts out with a question…just to see if you are paying attention. When considering a trade you are about to take, do you primarily focus on how much money you can make…or do you focus on how much you can lose on the trade? Good question! What is […]…
Welcome to the video update for Friday, August 28th. On today’s video update, Trader Rick walks you thru what to look for in Friday’s trading in the crude market. Identify the buy zone opportunity for possible higher prices. contains recommendations In the euro, an ab=cd pattern with a fib extension sets up a buying opportunity […]…
Welcome to the video update for Tuesday, August 25th. You asked for it….. a live trade! Watch Trader Rick set up a live ES trade, the reasons for taking the trade, where to place the stop loss, and where to take profits. This is a countertrend trade that was based on several chart factors. Even […]…