Welcome to the video update for Monday, February the 28th. My apologies for the delay in sending this to you. A computer problem had to be resolved which took too long! With the end of the month we will take a look at some of the monthly charts as well as the shorter timeframes. First […]…
Welcome to the video update for Monday, May the 10th. With the plunge in the stock indexes in Thursday’s trading, it is imperative to protect your trading account by reducing your position size if you trade multiple contracts. Widen your stop loss and reduce your position size, or stand aside until the volatility dissipates. First […]…
Welcome to the video update for Monday, May the 3rd. We will start with the eurostoxx 50 weekly chart where an ab=cd pattern may be forming. Keep in mind we are in the buy zone. Take a look at the EUR/USD weekly chart. What candlestick do you see for last week? Does it have any […]…
Welcome to the video update for Friday, April the 30th. First chart up is the EUR/USD daily chart. If you are not using fibonacci levels in your charting, hopefully this chart will sway you to at least consider using fibs. This chart has an ab=cd pattern where price stopped right at the 1.27 fib extension […]…