Trap Door

by | Sep 26, 2017 | Free Videos and Charts

Trap Door Open Globex range saw the short’s stops run from Friday’s high in a retest failure move. The trap door opened during RTH when the overnight low was taken out, and the market sought support. The DT4$2 traders were advised to be conservative into...

Last to Leave Loses

by | Sep 24, 2017 | Free Videos and Charts

Bounce off Support [8:43] thinking two way day today [8:44] and 99 / 01 clearly the battlefield [8:58] today Boyz may make shorts chase, knock out weak longs [8:58] then slingshot back for close [8:58] may not [8:59] but that pattern is in my mind Zoom 09:14:54 From...

Pete and Repeat

by | Sep 22, 2017 | Free Videos and Charts

Consolidation Yesterday’s slingshot trade succumbed to a retest of yesterday’s lows, and produced an inside day as anticipated. We felt with Rosh Hashana markets would be relatively quiet. 96.75 Target 2 was suggested as a wrap for shorts, and conservative...

FOMC Day

by | Sep 21, 2017 | Free Videos and Charts

FED Up The market took some profits today and closed the 2497.25 gap, but the 92/94 zone we thought might hold did and ran all the way back up the news pole. Today was a a daytrader’s dream after being so rangebound the past few days. The goal was to be prepared...

Frogs

by | Sep 20, 2017 | Free Videos and Charts

Lazy Day No leap in the frogs today. Narrow range day was atrocious by any stretch of the imagination. Discipline was the key word as we await the FOMC announcement on Wednesday. We warned traders not to overcompensate for lack of range by increasing contract size....

Squeeze and Tease

by | Sep 19, 2017 | Free Videos and Charts

MATD Plays Out The upside drift continued today, but didn’t seem to have much oomph. We guessed two way day, and thought R1 at 2505.5 was a reasonable target and gravy above. Potential targets of 2508.25 to 2509.75 was our resistance idea to help determine risk...