On today's episode, we look at overall expectations for the SP500 and Nasdaq Futures, Gold and Silver, and how the correction on Friday can shape metals overall this week, and also where we would like the Volatility Index to head towards in the coming weeks. Earnings this Week: Monday - CCL Tuesday - ACI Wed - none Thursday - DAL, BLK, SCHW Friday - C, JPM,...
AUD/JPY: • If price pushes up to and ideally just above our upper outer structure trend line, then regardless of how it does so I'll be waiting for a convincing push back down below our high time frame upper rayline followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price only pushes up to and...
GBP/USD: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a...
NZD/USD: • If price pushes up to give us a confirmed second bottom then I'll be looking to get short with a reduced risk entry on the break of the flag. • If this setup doesn't present itself then I will simply wait until another setup which meets my plan materialises. • If there's any ambiguity then I will not place this trade. GBP/USD: • If price pushes up...
AUD/CAD: • If price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get short with a reduced risk entry on the break of the flag. • If price pushes down in a convincing manner and a subsequent one hour flag forms then...
EUR/JPY: • If price pushes up to and ideally just above our upper trend line and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price pushes up impulsively to and ideally just above our upper trend line, then I'll be waiting for a...
AUD/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get...
EUR/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper rayline, then regardless of how it does so I'll be waiting for a convincing push back down below our upper rayline followed by a tight flag and then I'll...
AUD/CHF: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen...
AUD/CHF: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our rayline double top area and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the...
NZD/USD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper trend line, then regardless of how it does so I'll be waiting for a convincing push back down followed by a tight flag and then I'll be looking to get...
ES Part 2 People are far less objective than they think they are. This is well studied and worked out by the experts who study human behavior. Generally we establish "objectivity" through comparisons. In this ES market I am trying to establish the support and resistance of the market as objectively as I can using range boxes as well as other tools. Normally I...
NZD/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just below our upper rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the fifteen...
NZD/JPY: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes up to and ideally just above our upper rayline and the last part of the move is corrective, then I'll be looking to get short with a risk entry after a phase line break on either the one hour...
EUR/NZD: • I will not be trading this pair until the legal action surrounding the 2020 US Presidential Election has reached its conclusion, but if once it has price pushes down to and ideally just below our lower trend line and the last part of the move is corrective, then I'll be looking to get long with a risk entry after a phase line break on either the...
Well, Pfizers news yesterday of a Corona vaccine with 90% efficiency was received well by the market sending the Dow through the roof and heavily punishing the stay-at-home / work-from-home stocks that have been keeping us all entertained for the last 6-8 months. As per the video, it all feels a bit too soon, but there does seem to have been a big sell off of the...
EUR/USD: • If price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking for a risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price only pushes down to our rayline, then regardless of how price does so I'll be waiting for a...
USD/JPY: • If price pushes down to and ideally just below our lower outer structure trend line and the last part of the move is corrective, then I'll be looking for a reduced risk entry after a phase line break on either the fifteen minute or the one hour chart. • If price only pushes down to our rayline, then regardless of how price does so I'll be waiting for...