Welcome to the video update for Friday, May the 21st. In last weekend’s video update Trader Rick showed 4 9/30 setups on the daily chart…so let’s see how they turned out. First up is the eurostoxx 50 daily chart and we had a conservative 9/30 short setup. Initial target of 2560 was hit this week. […]…
Welcome to the video update for Monday, May the 17th. 9/30 setups on the daily chart are opportunities for both the position trader and the day trader and in this video update we have some great examples! First chart up is the eurostoxx 50 daily chart where we had a conservative 9/30 short setup in […]…
Welcome to the video update for Monday, April the 26th. Quick reminder that Wednesday is FOMC announcement day at 2:15pm est. Make a note on your trading calendar! First chart is the weekly EUR/USD pair and last week price traded lower but we have early evidence that a trading range may be forming. The overall […]…
Welcome to the video update for Thursday, April the 15th. Trader Rick reviews a failed pattern that was originally discussed in the video update of April the 8th. The ES 129,600 volume timeframe had the potential for a head and shoulders pattern, but how did that turn out? Be sure to take a look. Remember, […]…
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 […]…