December 29: Trading Outlook for Monday

Well, Christmas week has come to an end as we now enter the last trading week of 2008! There’s some good opportunities setting up as we look to cap off the year, so join Trader Rick in the video update for Monday the 29th of December as he guides you through the preparation for various trade ideas and set-ups;

  • Yen Forex Daily chart setup, what to look for and how to trade it. And a look to the Weekly chart for confirmation.
  • Gold Weekly chart AB=CD with fib extensions and why they are powerful tools for trading with a trend.
  • Oil is showing a potential 1-2-3 reversal pattern, Rick shows you the projected price targets to look out for and take profits.
  • Eurostoxx shows the possibility of a higher low, but beware of the sell zone and use caution. Price is moving sideways without conviction.
  • Euro Forex outlook and what to expect after the recent rally. Could we be seeing a potentially bearish situation? Rick talks you through the analysis across Monthly, Weekly, Daily and Intraday timeframes.
  • ES example of how a measured move can help you to profit, Rick shows a successful measured move that Traders Club members were alerted to in last week’s Video Updates.
  • And finally we take a look at the big picture outlook for the ES, dialing down to smaller timeframes with ideas on what to look for in Monday’s trading.

Can’t see Monday’s Video Update? Try our 7 day trial for just $10 and watch instantly

[hidepost] [flashvideo width=550 height=413 filename=http://videoupdates.s3.amazonaws.com/videonewsl122808/videonewsl122808.flv /] [/hidepost]

Leave A Reply (No comments So Far)

Current month ye@r day *

No comments yet