Big Mike Trading Forum on Futures.io As everyone knows, anyone with a website can say anything about anyone. Furthermore, the more views a site attracts, the more opportunity the site owner has to make money. As a result, some will say anything, even if it is false. They will do so under the guise of […]
Trump speech rally above Dow 21,000, but buy climax
Intraday market update: March 2, 2017
Trump speech rally above Dow 21,000, but buy climax I will update around 6:48 a.m. Yesterday’s sell climax continued on the 1st bar, but reversed up on the 2nd bar. The bulls will probably need at least a double bottom over the 1st hour if this is an early low of the day. The bears […]
Trump speech gap up buy climax to all-time high
Intraday market update: March 1, 2017
Trump speech gap up buy climax to all-time high Updated 6:57 a.m. While the Emini gapped up to a new all-time high, the 1st several bars hesitated. In addition, the open was the low of the day. That rarely lasts and therefore the odds are that the Emini will trade below the low at some […]
Online videos playback
Hi All, Online videos streaming problem earlier today (about 3 hours) should be over now. Caused by a major networking breakdown on the Amazon Web Services platform. Has affected many websites and services across the globe, and there may well be (fake?) news out there about it! Here is a USA Today story (more stories […]
Stock market breakout mode before March 15 FOMC rate hike
Intraday market update: February 28, 2017
Stock market breakout mode before March 15 FOMC rate hike Updated 6:45 a.m. The Emini formed an expanding triangle top over the past several days. Hence, that is a higher high major trend reversal. While today gapped down and triggered the sell, the 1st bar was a doji. Therefore, there is not much urgency. In […]
Emini exhaustion gap and possible buy climax island top
Intraday market update: February 27, 2017
Emini exhaustion gap and possible buy climax island top Updated 6:46 a.m. Despite Friday’s strong bull close, the Emini reversed down after testing Friday’s high. Since Friday’s rally was strong, this is probably a Big Up, Big Down, Big Confusion open. Hence, the Emini will probably go sideways around a 50% pullback from Friday’s rally. […]
Trump rally reversing into 5% 100 point March correction
Emini weekend update: February 25, 2017
Monthly S&P500 Emini futures candlestick chart:Trump rally reversing into 5% 100 point March correction The monthly S&P500 Emini futures candlestick chart has a big bull trend bar so far in February. In addition, the rally is testing measured move targets. The monthly S&P500 Emini futures candlestick chart has a big bull trend bar so far […]
Trump rally stalling before possible FOMC March rate hike
Intraday market update: February 24, 2017
Trump rally stalling before possible FOMC March rate hike Updated 6:55 a.m. The Emini gapped down and created a 3 day island top. Yet, it immediately rallied above yesterday’s low and closed the gap. While there were consecutive bull bars, which made the Emini Always In Long, the bars were not especially big. Furthermore, the […]
Trump rally is exhaustive buy climax at measured move targets
Intraday market update: February 23, 2017
Trump rally is exhaustive buy climax at measured move targets Updated 6:45 a.m. While the Emini gapped up to a new all-time high, it sold off on the 1st 2 bars. Since this is a 3rd push up on the 60 minute chart, it is a wedge top. Yet, there is still room to the […]
futures.io webinar: Tuesday 21 February
When a good trade goes bad
Losing when a good trade goes bad Al Brooks gave a follow up presentation with futures.io on the important topic of Losing this month. Al used slides from Video #54 of the new How to trade price action trading course. Here is the full webinar replay: Video duration 1hr 13min. Webinar topics Webinar is about […]