Inverted Head & Shoulders Forming?

We recently saw a beautiful Head & Shoulders pattern play out on the S&P500 and hit its measured move target to the downside. Could an INVERTED version of this chart pattern be setting up now?  

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3 FOREX Currency Pair Trades to Pay Attention To

In today’s video you will see three FOREX currency pairs that have trades on them right now. There is currently a short trade on the US Dollar / Japanese Yen at 79.53, a long trade on the US Dollar / Swiss Franc at .9486, and another long trade on the US Dollar / Canadian Dollar at 1.0208. Watch the video for the reasons behind these trades to see if you can improve your trading. Have a great day and I hope this helps you.

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Selling into Fear = Faster Profits

Selling positions “into the fear” is one of the most difficult things to do for a newer trader. It’s much easier to initiate positions when everything “feels perfect” but those “feel good” trades rarely work out, and the average Retail trader does not understand why.   

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Forex Currency Pair Review and Trade Updates

In today’s video I go through the Euro / US Dollar Forex currency short trade which the first profit objective has already been hit to the down side within 24 hours of entering the market. The US Dollar / Japanese Yen short trade is about where we entered short and I’ve got my profit objectives and stop loss in place, just waiting for things to happen. And the other three Forex currency pairs that I spoke about yesterday came within just a few pips of getting me into the trade and then immediately turned around in the direction I was looking for the market to move. Boy that can be frustrating but from time to time that does happen. You just have to be sure to exercise discipline and patience when waiting for a trade to come to you, you don’t want to chase the market. Watch the video and see exactly what I mean. Have a profitable day and I hope this helps you in your own trading.

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When will the Correction be over?

The big thing that everyone always wants to know, especially when we’re working through a correction in the broader market, is “when is this going to be over with?” Most folks just stick their heads in the sand until it’s far too late to take advantage of the move. Frame the price action and be […]

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A Few FOREX Currency Pair Trade Set-Ups To Be Aware Of

On today’s video I show you two good shorting opportunities in the Euro/US Dollar and
US Dollar/ Japanese Yen FOREX Currency pairs on the daily price charts. The Australian Dollar/ Japanese Yen is real close to a nice short set up, but only after a real nice long trade that I want to show you on today’s video. And finally the US Dollar/Swiss Franc and US Dollar / Canadian Dollar are real close to good buy trade set ups that I would also like to show you on today’s video. Have a profitable day and I hope this helps you in your trading.

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Small Losing Trade Today and Missed Opportunities So Far in the E-Mini S&P 500 Futures

In today’s video you will see how the first trade was a small loss (1.50 points) in the E-mini S&P 500 futures contract (even though the trade direction was more than right). The market from that point on continued to move higher and higher with very small pullbacks, therefore not allowing me to enter the market because the market did not pull back far enough to allow me to enter. Yes this is frustrating, but it’s part of the game. You’re not the only one that misses trades here and there. I listened to my rules and simply missed out on a big move. I don’t chase the market simply because I missed a trade, and I suggest you don’t either unless you want your head handed to you a majority of the time. Have a great day and I hope you learn a little something from the video.

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3 Profitable Trades Before 11:15am ET on the E-Mini S&P 500 Futures Contract

In today’s video I’m going to show you three profitable trades that would have allowed you to be done for the day by 11:15am ET. These three trades were done on the E-Mini S&P 500 futures contract and they would have made you 6.50 points ($325) per contract. You could have been done trading for the day by 11:15am ET…who says that you need to sit in front of your computer all day. You can typically be done for the day before lunch if you know what you’re doing. Have a profitable day and I hope this helps you in your own trading.

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7 Major Forex Currency Pair Review

In today’s video I go through seven major Forex currency pairs on the daily charts to show what I’m seeing and what I expect to happen in the near future. You can see on each one of these charts how my SOFTWARE picked up the current change in trend (i.e. red to green and green to red) that would have alerted you immediately to a potential trend change. My software by no means is meant for automatic buy and sell signals, it is however meant to help guide and navigate with high probability turning points in the market to help make your analysis much easier by knowing if you should be looking to buy or sell at a quick glance at your chart. Have a great day and I hope this video helps you in your own trading.

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More Glitter (And a Note on FX)

The good news, I suppose, is that in my most recent post on GLD, I didn’t suggest getting short. Still, I  did express caution about getting long, although there were some suggestions that GLD might be close to putting in a base. My expectation was that the recent lows were eventually likely to be taken […]

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