23 Aug,Daily Pre-Market Report
In today’s free video I discuss a new position we are currently initiating in our members area, we are looking to short a retracement in EURUSD Forex cross. I share a effective “box play” strategy that offers us a clear profit target, while also incorporating fibonacci retracement levels. If you would like to see how we are manage this position register here for a 14 day guest pass to the GT members area
20 Aug, Members Daily Pre-Market Report
Weak employment data in the US yesterday moved the S&P e minis lower, however they are still trading at the bottom of their recent range at 1066. I’m waiting to see if EURUSD will break 1.2750, if it does we will initiate a one unit short position. Have a good weekend everyone.
19 Aug, Daily Pre-Market Review $POT
The POT deal hit the headlines and yes it is definitely time to take some profits and bump up our stop to below Tuesdays lows at 139.19. I should of answered all your email questions regarding this stock. S&P and e minis continue to inch higher, however they are still below the 8, 21 and 50 day exponential moving averages, a weekly close above 1100 would be mildly bullish.
18 Aug, Daily Pre-Market Review
Short video today guys as I’m travelling and my Internet connection is not good. We were stopped out of Wheat for a lose and EURGBP for a small profit. S&P e minis were bid but failed to break above the apex of exponential moving averages.
17 Aug, Daily Pre-Market Review $GS
Goldman Sachs is setting up for potential short play, however it needs to trade below its 50 day exponential moving average. I share a technique using the fibonacci price retracement lines. I also review the CBOE VIX (Volatility Indicator) if it breaks above 27.5 we could see a sharp sell off for the S&P e minis. If you would like to see how we are managing our other positions register here for a 14 day guest pass to the GT members area.
16 Aug, Daily Pre-Market Review
In today’s video I look at Ten Year Note futures which are in a very nice uptrend and have more upside potential. I discuss levels to initiate long positions using a 24o minute chart, the 21 hour ema has been a good level to buy T Notes and any pullback to it today would offer a good buying opportunity. T Notes are a thick market so we can trade large size using tighter stops as we rarely experience any slippage. If you would like to see how we are managing our T Notes positions register here for a 14 day guest pass to the GT members area
13 Aug, Daily Pre-Market Report
We took a long September CBOT Corn position at 399 3/8 in our members area a few days ago and yesterday it moved nicely in the money, in today’s video I discuss how we are managing this trade. T Notes are still in a solid uptrend and we remain long from 123, 124.22 is support this lines up with the 8 day ema and the break out point from Fed day on a 240 minute chart. Have a good weekend everyone. If you would like to see how we are managing our other positions register here for a 14 day guest pass to the GT members area.