Pro Tips

The Late Show

I’m outta here for a meeting. If you’ve got a runner on use your judgement. Time Frame Trading. It either runs out of steam going into London’s close or goes into the U.S. close. Either way you should manage your … Continue reading

Midday Missive

Auto Parts names were featured last night for today’s trade. AAP,ORLY & AZO have been excellent opening range trades. There is no need to risk more than today’s low if you’re involved in any of these names.

A.M. Look 9/13/17

Oil…EIA is @ 9:30 CDT.   Oil is at the top of value on the P&F. it will have to prove itself above this level for a retest of its 200 DMA @49.53. I have no opinion one way or … Continue reading

Daily Market Intelligence 9/13/17

Daily Market Intelligence 9-13-17

Pattern Alert Canadian Dollar

USD/CAD is putting in an ORH  Day ( Canadian Futures ORL). This is a topping pattern for the Loonie.

Midday Missive

Spu’s have just put in a 5 point reversal. I’m not picking a market top, however we can correct a bit. VIX has filled its breakaway gap from Sept 1. @ 10.46 with a  10.29 low. Guys that want insurance … Continue reading

A.M. Look 9/11/17

British Pound held onto Friday’s gains and has remained strong against the Gold,EURO & YEN on the crosses. Let the day set up and digest the relief rally.

Daily Market Intelligence 9/11/17

Daily Market Intelligence 9-11-17

A.M. Look 9/8/17

USD/JPY and the Dollar Index have reached their objectives. Gold has hit resistance at the same time. Commonwealth currencies (GBP,CAD,AUD,NZD) act well and have room to the upside. Expect a strong close today. EUR/GBP…91.18 is today’s ORL #. Sterling has … Continue reading

Daily Market Intelligence 9/8/17

Daily Market Intelligence 9-8-17