Here is your video update for Thursday, March the 24th. The dragon pattern is a favorite trading pattern of Trader Rick. Today the ES formed a dragon pattern and reached full target by the end of the trading day. Using an overnight globex 5 min chart, Trader Rick illustrates the requirements for a dragon pattern and […]…
Welcome to the video update for Monday, March 21st. We’ve been following the dragon pattern on the weekly Canada chart since 2009 when the pattern was identified as a possibility. we’ve witnessed price breaking out of the ‘head’ pattern to the upside and now after many weeks, Trader Rick discusses the target of this pattern. […]…
Welcome to the video update for Monday, March the 7th. Note that the currencies will be rolling over to the June contract this week and the stock indexes roll on Thursday to the June contract. Symbol M. First chart up is the EUR/USD pair weekly chart where last week put in the highest close since […]…
Welcome to the video update for Monday, February the 21st. Monday is a US holiday and we will see early closes in the electronic session. The stock index futures will close at 11:30am est. First chart up is the 900 tick Ten Year note which had an aggressive 9/30 long setup. Look at this price […]…
Welcome to the video update for Monday, January 24th. Please note that the FOMC announcement is this coming Wednesday at 2:15pm est. First chart up is the EUR/USD pair weekly where price moved higher in to the sell zone as discussed in last week’s video update. Look for a selling opportunity or if price moves higher […]…