Tuesday 17 November 2009 Always know the trend of the time frame you are trading, and be aware of the next higher time frame, as well. With that key guide as a reference, the Natural Gas market may be offering...
Read MoreThursday Evening 12 November 2009 The market continues to show growing weakness, enough to get short at 1091.50 during the day. Half the short position was covered at 1087.50 on the close, and the balance is...
Read MoreThursday Evening 12 November 2009 Crude Oil has retraced all the way back to its breakout, an area we have described in detail previously, Crude Oil – Picture Perfect Breakout, on 19 October. We...
Read MoreTuesday 10 November 2009 What is missing in the S & P to indicate that a correction will ensue? Sellers, plain and simple. There has not been a concerted effort of selling to overtake buying activity and...
Read MoreThursday 5 November 2009 Not for the first time, and not the last time do we mention the importance on knowing the trend, particularly in the time frame you are trading. This simple first step helps to put the...
Read MoreTuesday 3 November 2009 Crude presented a low risk entry this morning. We have already addressed the Crude Oil market as having had a classical breakout from a trading range, Crude Oil – Picture Perfect...
Read MoreMonday Evening 2 November 2009 Price activity last week was the weakest since the March madness rally began, both in terms of time and price. The range was the largest decline down, the close was low end, and volume...
Read MoreSaturday 31 October 2009 After having a classic breakout, described here back on the 19th, Crude Oil – Picture Perfect Breakout , Crude Oil is undergoing a correction. It is now at an important support...
Read MoreSaturday 24 October 2009 Short positions were recommended on Wednesday’s decline at 1080. Stops are at 1099. The question for Friday’s trade was whether or not the failure highs would be challenged...
Read MoreFriday 23 October 2009 The range in weekly crude was small this week, and the close was about mid-range, not the strongest statement on a chart. The trend is up, however. The daily chart, shown below, has been...
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