Who Is He & Why He Chose OneUp Trader Alex C, a trader from Florida received funding In June of 2022. He chose the $150K account because he felt it was the account that gave him the most bang for his buck. OneUp Trader’s flexible rules, 24/7 support desk, and free data once funded are Read More…
Tag: futures trader
Euro (6E) Futures: Technical Outlook Pending Fed Rate Decision
The Fed rate decision and press conference may heighten market volatility. The bullish breach above the trend channel has not significantly changed market sentiment. An analysis of the 1-hourly chart. Fed Day Today is a very big day for the markets as the Fed will announce its rate decision with expectations of a 75 basis Read More…
Technical Analysis: E-mini S&P 500 (ES) Rallies Off Lows
The weekly chart shows a bullish false-break candlestick formation. Analyzing the support/resistance band on the 4-Hourly chart. A look into the 1-Hourly trend channel. False Break Candle The false break candle strategy is one we are familiar with at OneUp Trader, and for a good reason – its reliability! The pattern works because when the Read More…
Parabolic Curve Retest and Inverse Head & Shoulders on Crude Oil (CL) Futures Chart
The parabolic curve on the CL chart continues to act as support. A Potential inverse Head & Shoulders formation on the 4-Hourly time frame. Point of control volume profile acting as resistance. Daily Chart Recap From last week’s multiple tests of the parabolic curve, CL is repeating the same tests once more, with the price Read More…
Technical Analysis: Gold (GC) Futures
Gold bears are targeting lower prices. Spinning top from yesterday’s session on the Daily chart. Price retraces to test the neckline of a head & shoulders on the 2-Hourly chart. Recap From Earlier This Week On Monday 24th, we looked at the slight bounce in Gold prices out of the minor support potentially forming a Read More…
Crude Oil (CL) Price Advances on Record US Petroleum Exports and Weaker Dollar
US oil exports last week averaged 11.4 million barrels per day. The weaker dollar supports oil prices by making it cheaper for overseas buyers. US officials were forced to scale back the Russian price-cap plan. Following a session-high increase of more than 3%, crude oil (CL) futures prices continued to surge in early Asian trade Read More…