Welcome to the video update for Friday, March the 5th. The EUR/USD pair weekly chart looks like it may end this week with another doji, the 4th week in a row. This market is in big time hesitation mode! The various moving averages overhead provide resistance so if price moves up in to the sell […]…
Welcome to the video update for Friday, February the 19th. If you trade crude oil, today is the last trading day for the March contract. In this video update, Trader Rick reviews two setups from Thursday’s trading and offers a few trading tips from his vantage point. First chart is the 4500 volume euro currency […]…
Welcome to the video update for Monday, January 25th. First chart is the eurostoxx 50 weekly where price may be approaching near term support. The daily chart shows price breaking an ascending triangle, creating a top, then reversing the trend, retracing down thru the apex of the triangle. Trader Rick discusses the 13500 volume chart […]…
Welcome to the video update for Wednesday’s trading. The focus is on the emini (ES) and Trader Rick begins with the daily chart where a 3 candlestick pattern completed at the close on Monday. What will happen next? Keep an eye on the slingshot pattern too. Next chart is the 60 min day session ES […]…