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 […]…
Here is your video update for Friday, July the 2nd. This video update will focus on the EUR/USD pair and the ES charts. Note the 9/30 setups! On the EUR/USD pair weekly chart, price is rallying in to the sell zone. Trader Rick shows the overhead resistance levels to watch. This is a bear market […]…
Welcome to the video update for Monday, June 28th. Trader Rick will start with the monthly EUR/USD pair chart where the month of June is going to finish completely outside the keltner channel, indicating current momentum is strong to the downside. Note the D target of the ab=cd pattern. The weekly chart shows overhead resistance […]…
Welcome to the video update for Wednesday, June the 23rd. Today at 2:15pm est will be the FOMC announcement of any interest rate changes. My recommendation is to stand on the sidelines when the announcement is made, then be patient and wait for a clean setup. First chart is the EUR/USD pair 60 minute chart. […]…