Welcome to the video update for Monday, March the 14th. Tuesday at 2:15pm est is the FOMC announcement. First chart is the 30 year 984 tick bond futures where we are watching the ab=cd pattern for support. D target comes in at the 120 area. If price drops below 120 then look for support at […]…
Welcome to the video update for Monday, January the 31st. Note the multiple reports due Thursday morning and the important employment report at 8:30am est on Friday. With Monday the last day of January we will look at the bigger picture charts. First chart up is the monthly EUR/USD pair where price will most likely […]…
Welcome to the video update for Monday, January the 17th. Monday is a US holiday so expect light trading and early closes. 11:30am est will conclude the electronic session for the ES and the other stock index futures. For other markets please check your exchange. First chart is the weekly EUR/USD pair where last week […]…
Welcome to the video update for Monday, December the 13th. Trader Rick reviews 9/30 setups starting with the EUR/USD pair daily chart. See which 9/30 on the daily chart has the highest probability of success? Does a 9/30 short near support a high probability setup? The 9/30 short setup triggered this past week is also […]…
Welcome to the video update for Monday, November the 15th. First chart is the weekly EUR/USD pair where we got the weekly close below 1.3863 mentioned in last week’s video update. This is the first confirmation of a possible retracement. Note the support levels stated in the video. Trader Rick takes a look at the […]…