Author: Ryan Mallory

There is a possible buy zone shaping up in the Euro.  If we can get down to the 1.4075-1.4095 area sometime today I would look to get long with a stop below the most recent pivot low of 1.4041.  This area could produce...

Current Long Positions (stop-losses in parentheses): ECA (34.45) Current Short Positions (stop-losses in parentheses): None BIAS: 10% Long Economic Reports Due Out (Times are EST): None My Observations and What to Expect:...

Market is trying to shake some traders out of their positions in the early going. Not a lot of direction, but I don’t find that to be reason not to put on descent long setups in trades that have good risk reward setups....

Current Long Positions (stop-losses in parentheses): HD (36.96) Current Short Positions (stop-losses in parentheses): None BIAS: 10% Long Economic Reports Due Out (Times are EST): None My Observations and What to Expect: Futures...

Here are a couple of stocks worth watching on Monday:   MPEL – I think the chart says it all for this stock. Very nice breakout on Friday on very good volume out of a cup and handle pattern.  ...

Stopped out of HMC on the gap-down this morning, tiny loss.  Here’s a 60-min chart: I see now that I jumped in too soon, I would have rather waited for price to cross that orange trendline causing resistance. ...

Current Long Positions (stop-losses in parentheses): None Current Short Positions (stop-losses in parentheses): None BIAS: 100% Cash Economic Reports Due Out (Times are EST): Employment Situation (8:30am), ISM Manufacturing...

XIDE – The stock showed good momentum today despite the flat market. The stock has been rising the last few days on a rising support after a significant pullback to fill the gap. I expect the stock to pullback a little to...

The screen below are for those stocks that have primarily been on a solid uptrend of late, but are starting to show signs of breaking down along with a loss of interest by the street as a whole. So if you are looking to short...