July 2009

Video Update: 31 July – Live Trade!

by admin on July 30, 2009

Welcome to the video update for Friday’s trading.  Trader Rick walks you thru a LIVE emini intraday trade, using the 9 minute and the 15 minute charts.  Watch as he illustrates the entry, the trade management, and the exit of a successful ES scalp trade.  Entering off the 9 minute chart on a conservative 9/30 entry, note how the 15 minute chart is also incorporated in to the trade setup.  This is also a pattern trade.

See what factors supported taking this live trade.  Risk/reward was 1:1 on this scalp.

After the completion of the profitable live trade, Trader Rick looks at the 60 min, daily and weekly chart going in to Friday’s trading.   Noteworthy will be the support level of 978 to 980 level.  If we open above this level see if it becomes support.

Good trading!

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Video Update: 29 July – Intraday trading review

by admin

Welcome to the video update for Wednesday, July 29th.   In response to email inquiries, Trader Rick reviews some emini and euro currency intraday setups from Tuesday’s trading.  First up is the 14400 volume ES chart with a countertrend setup shortly after the NY open.  The setup was ‘double confirmed’ which is usually a high probability [...]

Video Update: 27 July

by admin

Welcome to the video update for Monday, July 27th.  Trader Rick starts with the weekly eurostoxx 50 chart to review what has happened in the last two weeks since price was in the buy zone.  Since the buy trigger two weeks ago, price has rallied over 235 basis points.  A slingshot and a conservative MACD [...]

Video Update: 23 July

by admin

Welcome to the video update for Thursday’s trading.  Trader Rick starts with the weekly Canada chart where we have been watching the formation of a possible dragon pattern.  Price continues higher, currently 400 basis points higher than the point of entry at .8669 based on a 9/30 setup.  The daily Canada chart shows price has [...]

Video Update: 20 July

by admin

Welcome to the video update for this week’s trading.  Trader Rick starts with the eurostoxx 50 weekly chart where price triggered a signal this past week when price was in the buy zone.  MACD conservative first cross and a sling pattern are also signaling.  Last week was a strong up week.  Target is given to [...]

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