Looking for a high probability trading methodology?

In this quick 6 minute video you get to see exactly how the 3X trend method may enhance your trading performance.

Whether you trade futures, forex, or stocks, no matter what timeframe, the 3X trend method is a solid approach to taking advantage of a trend moves and trend continuations.

Watch as Rick introduces you to the basic components and ideas of the 3x trend method and how they may bring in good profits as illustrated in a theoretical 3 minute ES (mini S&P500) setup.

This video is just a little taster of what full members can expect inside the Traders Club.

Welcome to the video update for Monday, January 24th.  Please note that the FOMC announcement is this coming Wednesday at 2:15pm est.  First chart up is the EUR/USD pair weekly where price moved higher in to the sell zone as discussed in last week’s video update.  Look for a selling opportunity or if price moves higher see what the next target is.  On the daily EUR/USD pair chart price exceeded recent highs so IF price retraces in to the buy zone it will be important to see if price finds support or not.

Since spring of 2009 Trader Rick has been tracking a dragon pattern on the weekly Canada chart.  It’s been awhile since this pattern has been updated so take a look.  We are approaching a major target area. This is a pattern worth getting familiar with if you aren’t aware of it.

Moving to the crude market, price made new highs last week but closed lower than the previous week.  Question now is, if price pulls back, will it find support in the buy zone?

A very interesting development in the stock indexes is the divergence on the daily chart between the DOW and the other indexes.  While the DOW (YM) made a higher high on Friday, the ES, NQ and ER did not.  Either the DOW is going to pull back to the other indexes or the others will catch up with the DOW.  Do not expect this divergence within the stock indexes to last long.

Trader Rick shows the underlying levels of support in the ES so be sure to check these out.

Good trading!

Welcome to the video update for Monday, February the 1st.  With a new month Trader Rick will review most of the monthly charts where appropriate.  First chart up is the daily Eurostoxx 50 where price is testing a support level going back to the end of December.  Trend and momentum is currently down.  If price rallies look for a shorting opportunity in the sell zone.  The 60 minute chart is putting in lower lows and lower highs.  See which swing high if taken out will reverse the price action.

Next up is the gold monthly chart where the front month moves from February to April.  The month of January put in a shooting star.  Note where underlying support may come in and what the monthly pivot is.  Pivots are tested on a high percentage of the time.  Do you know how to calculate a pivot?  (H+L+C) /3. The daily gold chart has a possible abc pattern in play.

Trader Rick discusses the monthly EUR/USD forex pair chart where price is in the buy zone.  If support does not hold then an ab=cd pattern may develop.  The daily chart shows how to dial down to a smaller timeframe to locate a high probability setup based on the position of price on the daily.

The euro currency monthly chart shows price in the buy zone.  Will price find support here?  What might happen if price does not hold support?  The weekly and 60 minute charts are also covered.

The monthly Canada chart is next price has found resistance in the fib zone.  The dragon pattern is still intact on the weekly chart.  Price is in the support zone.  The daily Canada chart has a possible ab=cd pattern.

Trader Rick discusses the monthly crude oil chart where price is in the sell zone but moving sideways.  Slingshot may have influence on the price action.  Weekly chart shows price trading in a channel.

Next up are the stock index charts beginning with the S&P cash monthly chart.  Last month was a bearish engulfing candle.  Does this signal the end of this 10 month upmove?  Trader Rick also covers the YM, NQ and the ES charts.  Look at the 240 minute ES chart for important overhead resistance levels.

Good trading!