Determining Profit Areas....

Determining Profit Areas....

One look at the chart that I have posted below looks more like a "run like hell" price action than a trade oriented day plan. I don't blame you for feeling that way as that is what it looks like to me too. You can see no clear directi…

This Week....October 22 - 27, 2017

This Week....October 22 - 27, 2017

I am not looking for anything major yet in any commodities or currencies to say the least. So far my prediction has been relatively accurate with the Dollar continuing to rise. It will continue to rise likely through the new year with the Fed likel…

Trade Room Philosophy....

What I find out there is there is a number of trade rooms all promising that you will be profitable with them if ONLY you ante up some cash to start. Most of them as you know are not worth anything. They will not only harm your trading but they wil…

Should You Believe an Imminent Crash is Coming?

Once again we hear the market cheerleaders beginning their chant about an imminent crash coming. The crescendo usually gets louder and louder until they realize that their timing was off once again and they go back to targeting another area. It is …

Dollar Index Status....

I normally do not use other people's forecasts at all but in this case I think this Elliot Wave Fellow does as good a job as anyone. The link is here and you can read it yourself.

https://ew-forecast.com/newsletter/sep_29_2017_is_usdcnh_signals…

The Markets and a Tragedy

Will the shooting yesterday in Vegas impact the markets in any way?
In a word No.
This is what I have been talking about in why we are headed to war in some capacity. It has nothing more to do with other than the unraveling of societal fabric. Ther…

So You Think You Know Volume?

So You Think You Know Volume?

You can see from the chart below that it is possible to hit the right trades. You can do this consistently if you take the time to learn how to read a chart. Not in the way in which you think or likely have been taught by the so called specialists …