This week I want to point out to you the likelihood of this beaten down sector making a bit of a comeback. When I look at a trade I want to see the greatest reward to the smallest possible risk. Much the same as fund managers do.
Grains are at a le…
If you go back a few posts you will see that I guided you to bonds positioning with the lowest risk possible. All the while the main stream crowing about how they will resuming their down trend. I am not sure who you listened to. The hedge funds or…
When you are trading the futures market or spot market you must understand where the orders are going to flow into the market ahead of time. Not while you are watching the tick tape or orders that are already executed. Therefor you must know your m…
While it remains to be said that nothing is or ever will be a holy grail in trading there are some stories of the big name traders like George Soros, Stan Druckenmiller and Richard Dennis to name a few that separated them from the majority of the c…
Well on cue from my levels on the spot and futures markets the 10 Yr took off to the upside after bottoming firmly at the 124.80 level as I pointed out it would just last week. Were you patient enough to ride out the bottoming process?
I don't …
When I told you the other day that the 44.14 area would see a good bounce. I meant it. I told you that all ahead of time. Although the target was not hit at that time price did move down to it where it bounced very strongly to the upside as I write…
You can see how accurate the calls were from the day before. I told you that the 44.94 area was very powerful. Indeed it was. Now as you look down at where I marked the candle. What does that mean?
Well it is a pretty powerful indication of o…
While it remains to be said, and we talked about this before, greed at times is NOT your friend. If you are trading lots of money and looking for long term positions you have to be prepared to be wrong most of the time. However when you are right a…
You can see from the chart I posted previous to this that oil has followed my path. Not to the exact point but pretty dam close. If you are looking for trades with the most reward to the least risk then you hopefully are using my levels as a key to…
Alright fellow traders I think that the 10 yr which is a highly liquid market is close to bottoming. You can see where I have my arrow below. That is the futures market contract and I would be looking somewhere in this area to where the arrow is fo…
This is a checkered subject I realize. Everyone has an idea or gets advice on what to buy and what to sell because frankly most people don't know what to do in the open markets. With the big stocks in the Nasdaq crashing last night including Am…
First glance at the chart below would be confusing would it? Unless you knew why all those lines were there.
What those lines are are opening range markings where past and present market maker areas are defined. You will note that the entire move f…
