Analyzing the symmetrical triangle once more as a bullish trade emerges. Why our last trade failed and how we can learn from it and not repeat the same mistake. Triangle We have been patiently waiting for a direction in CL after price has been sitting within the symmetrical triangle for the entirety of the year. Read More…
Inflation report later today will likely dictate price action for the remainder of the week. Analyzing how the triangle pattern is providing three possible setups. The triangle pattern Last week we analyzed the triangle pattern that is forming on YM. Take a look at it here. The price is currently trading right at the top of Read More…
A double bottom on the daily chart is driving bullish sentiment. Different entries and targets we can aim for and why shorts trades should be ignored for now. How can we use a simple stochastic entry method in a shorter time frame. Technical Analysis Double Bottom: NQ made a bottom back in October of last year, Read More…
Pullback gives rise to possible long trades. Fibonacci analysis, candlestick analysis, and two possible outcomes. A true story about a currency trader from Dubai. Technicals We have finally seen a decent sized pullback on the Euro futures as price has moved into a minor support zone. I called for such a move a few weeks Read More…
The trend is now bullish on RTY due to the higher high made on the daily chart. Looking at the hourly time frame for possible entries. A very inspirational mini-movie about a Japanese day trading legend. Analysis In our technical report two weeks ago, we looked at two potential trades, a long and a short one. Read More…
Analyzing the profitable short trade from last week. Recent developments on the daily chart point toward bearish weakness. A true story about a pound-trading cyborg. Recap on the double top progress Last week Tuesday, we looked at the double top formation on 6B futures, seeing the potential for a short trade that had a defined Read More…
