Emini and Forex Trading Update:Friday July 26, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini repeated its pattern from last week of strongly reversing trend days. Yesterday totally reversed Wednesday’s rally. Yesterday now is a double top with last week’s high. Nothing has changed. The month-long wedge […]
Emini pullback soon from wedge top or final bull flag
Emini and Forex Trading Update:Thursday July 25, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday rallied to another all-time high. It closed on its high after a strong rally and therefore there is an increased chance of a gap up today. But since yesterday was a buy climax, […]
Emini weak buy signal at 3000 ahead of July FOMC
Emini and Forex Trading Update:Wednesday July 24, 2019 I will update again at the end of the day. Pre-Open market analysis Monday was a bull inside day on the daily chart and a buy signal bar. Yesterday gapped up and triggered the buy. But last week’s 2 big bear bars and the month-long wedge buy […]
Emini inside day and week minor sell signals around 3000
Emini and Forex Trading Update:Tuesday July 23, 2019 I will update again at the end of the day. Pre-Open market analysis There are still sell signals on the daily and weekly charts. Yesterday did not trigger either. Yesterday was an inside day and the week so far is an inside week. However, last week’s 2 […]
Emini 2nd leg down after July 17 Bear Surprise Bar
Emini and Forex Trading Update:Monday July 22, 2019 I will update again at the end of the day. Pre-Open market analysis After a month-long parabolic wedge buy climax, the Emini had a Bear Surprise Bar on Wednesday. That typically leads to at least a small 2nd leg sideways to down. In a strong bull trend, […]
Emini expanding triangle top and weak monthly oo buy signal
Market Overview: Weekend Market Update The Emini had a 1st leg down from a parabolic wedge buy climax on the daily chart. It might have one more leg sideways to down. But the monthly oo buy signal still makes it likely to go sideways to up for at least a couple more months. Crude oil […]
Emini buy signal bar after pullback below 3000
Emini and Forex Trading Update:Friday July 19, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was a strong reversal up after Wednesday’s big bear day. I said yesterday before the open that the bears would not get immediate follow-through selling because of the strong bull trends on the […]
Emini breaking below bull trend line and parabolic wedge climax
Emini and Forex Trading Update:Thursday July 18, 2019 I will update again at the end of the day. Pre-Open market analysis Yesterday was a spike and channel bear trend day on the 5 minute chart. Also, it was a surprisingly big bear day on the daily chart. A Bear Surprise Day typically has at least […]
Brooks Trading Course Subtitles
Quick Survey
OK, the majority have voted for default OFF subtitles. This will be implemented in stages for all videos before end of this month, July. Thanks. Just a quick request for feedback. As noted in last weekend’s mailing list email, we are changing the video player bar to be visible before video starts. This allows traders […]
Emini parabolic wedge sell signal triggered Tuesday
Emini and Forex Trading Update:Wednesday July 17, 2019 I will update again at the end of the day. Pre-Open market analysis The Emini sold off yesterday. Traders are deciding if this is the start of a 2 – 3 week pullback. Because the daily chart has a parabolic wedge top, the odds favor a couple […]
