'Trading is a process of observing the market's action until such a time you can find and form trading ideas and get involved.'**

Thursday, March 20, 2014

ES Bull Flag Setup

ES made a nice run again because of the positive jobless report and the existing home sales?, if you missed the consolidation from the triangle formation, you can still put on a trade when it pulled back from the bull flag pattern...

Wednesday, March 19, 2014

Possible Rally For The ES and the Crude?

Shown are the 1-hr chart from the ES and the Crude ahead of the FOMC meeting, I guess a possible rally might emerge after the meeting...the charts area forming a cup with a handle pattern, a bullish signal...

 

Doug Casey’s 9 Secrets for Successful Speculation | Casey Research

Doug Casey’s 9 Secrets for Successful Speculation | Casey Research

Tuesday, March 18, 2014

ES Bull Flag Trade Setup

ES made a nice formation/consolidation from 'Darvas box' pattern, and a bullish flag emerge...

Friday, March 14, 2014

Crude Trade Setup

Entry: 9827
Stop: 9816
Target: 9877
Gain: 50 points
Note: Traded Crude in the Globex session and was able to capture the 'meat'...if you are patient, stay sittin' and keep watching the market like a hawk you can make a 'difference', as that famous trading words...'I make my money by sitting'?...

Thursday, March 13, 2014

Gold Is Breaking Out

Shown is the one hour chart from Gold...

Tuesday, March 11, 2014

Overnight Trade Setup

Gold made a nice run in the overnight session while most participants are still 'snoring'...