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 […]…
Welcome to the video update for Friday’s trading. Trader Rick walks you thru a LIVE emini intraday trade, using the 9 minute and the 15 minute charts. Watch as he illustrates the entry, the trade management, and the exit of a successful ES scalp trade. Entering off the 9 minute chart on a conservative 9/30 […]…
Welcome to the video update for Wednesday, July 29th. In response to email inquiries, Trader Rick reviews some emini and euro currency intraday setups from Tuesday’s trading. First up is the 14400 volume ES chart with a countertrend setup shortly after the NY open. The setup was ‘double confirmed’ which is usually a high probability […]…
Welcome to the video update for Monday, July 27th. Trader Rick starts with the weekly eurostoxx 50 chart to review what has happened in the last two weeks since price was in the buy zone. Since the buy trigger two weeks ago, price has rallied over 235 basis points. A slingshot and a conservative MACD […]…
Welcome to the video update for Thursday’s trading. Trader Rick starts with the weekly Canada chart where we have been watching the formation of a possible dragon pattern. Price continues higher, currently 400 basis points higher than the point of entry at .8669 based on a 9/30 setup. The daily Canada chart shows price has […]…