Emini and Forex Trading Update:Wednesday October 23, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was an outside down day on the daily chart and it closed near its low. It broke above a 5 day wedge top and reversed down. It is therefore a sell signal bar […]
Emini weak High 1 bull flags on daily and weekly charts
Emini and Forex Trading Update:Tuesday October 22, 2019 I will update again at the end of the day. Pre-Open market analysis Friday was a High 1 bull flag buy signal bar on the daily chart. But Friday had a bear body and it was the 3rd consecutive doji bar. That is a weak buy setup. […]
Emini weak High 1 bull flag buy signal bar
Emini and Forex Trading Update:Monday October 21, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini traded below Thursday’s low on Friday and triggered a sell signal after a 5 day wedge top. Although the Emini sold off strongly, it reversed up midday and the day closed near […]
The Brooks Encyclopedia of Chart Patterns Sampler
Swing trade setup patterns for day traders The Brooks Encyclopedia of Chart Patterns is what Al uses in his trading room to show traders what to expect as patterns are forming. The full set of more than 8,000 slides is available online for purchase by “BTC Members Only” who have been registered for 60 days […]
Emini October wedge rally testing July all time high
Market Overview: Weekend Market Update The Emini is again stalling around 3,000, just below the all-time high. Traders need more information before they decide between a new high and a pullback. That increases the chance of more sideways trading next week. The 30 year Treasury bond futures chart is near the bottom of a developing […]
Emini small wedge top but weak weekly buy signal
Emini and Forex Trading Update:Friday October 18, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini reversed down from above Tuesday’s high yesterday and formed a bear doji bar on the daily chart. It is now a weak sell signal bar for a 5 day wedge top. It […]
Emini inside bar at top of 4 month trading range
Emini and Forex Trading Update:Thursday October 17, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was a trading range day and a small inside day. The bulls see it as a High 1 bull flag buy signal bar. But the 3 week rally has had 3 pushes up. […]
Emini triggered weak October High 1 bull flag buy signal
Emini and Forex Trading Update:Wednesday October 16, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini began yesterday with a bull trend from the open. This then evolved into a trading range after testing above 3,000, last week’s high, and the open of the month. By going above […]
Emini trading range price action in October so far
Emini and Forex Trading Update:Tuesday October 15, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday traded below Friday’s low, which triggered a minor sell signal on the daily chart. Since yesterday was a small trading range day, it was a weak entry bar for the bears. It was […]
Emini weekly buy signal bar but top of trading range
Emini and Forex Trading Update:Monday October 14, 2019 I will update again at the end of the day. Pre-Open market analysis Last week was a bull candlestick on the weekly chart. It is therefore a buy signal bar for this week. But the prior 3 weeks had bear bodies and the chart has been sideways […]
