Welcome to Friday’s video update. This will be short and sweet. Trader Rick first looks at the weekly Canada chart to keep an eye on where this market closes on Friday. Most likely the Canada is forming an abc pattern. Price is approaching the typical fib zone of resistance. It will be important to see […]…
Welcome to the weekend video update for trading on Monday. Trader Rick starts with the eurostoxx 50 weekly chart and discusses the significance of price trading outside its upper keltner channel last week and also the overhead resistance not far away. On the 2700 tick chart Trader Rick illustrates overhead resistance using the fib tool […]…
Welcome to the video update for Thurday’s trading. In crude, Trader Rick updates the daily chart from the weekend video update as price is moving higher. A recent swing high was exceeded this week which has bullish implications. Trader Rick revisits the measured move pattern that has been discussed severatl times in recent video updates. […]…
In today’s video update Trader Rick discusses the type of trading day Monday was in the emini and what the typical characteristics are so you can hopefully identify this type of day in the future to take advantage of. The 3 characteristics are reviewed in this video update. www.summitfoodandspirits.com/OysterRoast/pd/ The ES had 3 tradeable slingshots […]…
For Monday’s trading, Trader Rick goes over weekly charts for the eurostoxx 50, yen, canada, euro, crude, the Dow and the ES. Learn what to look for in the coming trading week. In the yen, see how Trader Rick dials down to a lower timeframe as price approaches the upper keltner channel on the weekly […]…