December 2008

December 22: Monday Outlook

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Crude Oil – big price spread between January & February crude oil contracts – what does this tell us? Eurostoxx – Weekly & Daily trends still down – AB=CD pattern price target – where is resistance here? Potential Dragon pattern also. Yen Forex – Big uptrend since November, watch this chart for pulling back into [...]

December 18: Profiting with a Slingshot

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In today’s video update Trader Rick goes over some of the best trading patterns from yesterday, including several that were mentioned and discussed real time in our eChat room. Euro FX slingshot pattern, courtesy of Jimmer, explaining the nuances of how to spot it and what to do when you see it. Crude Oil hits [...]

December 17: How to Profit from FOMC Day

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Hi guys, in today’s video update you’ll see some of the tactics and tips we use to tackle difficult fed day trading conditions. Eurostoxx 50 – How a measured move can help to provide big profit targets. Bonds – 9/30 setup just prior to the 2:15 FOMC announcement and how to trade it. Euro Forex [...]

December 16: FOMC Day Tactics

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Today is FOMC announcement day, so please remember that it’s often wise to exercise caution until the decision at 2:15 EST is out of the way. In today’s video update we have the following for you; Eurostoxx 50 price action trend line break, followed by a clean 9/30 short setup. Euro Forex daily chart OKC [...]

December 14: Outlook for Monday…

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Have you done your homework for next week’s trading? Preparation is an important part of your trading business. In this weekend’s video update, Trader Rick has done all the preparation for you in the Stock indices, bonds and Euro Forex. Euro Forex daily chart update – A euro trade idea from Tuesday’s video which would [...]