Welcome to the video update for Monday, October the 18th. First chart up is the EUR/USD pair weekly chart where last week price continued trading outside the upper keltner channel, telling us that currently the momentum and trend is strong to the upside. Last week’s candle was a doji, so that means buyers may be […]…
Welcome to the video update for Monday, October 26th. Trader Rick starts with the weekly gold continuation chart where loss of momentum is taking place. Last week was an inside week. Expect a breakout in the next week. On the daily look for a possible slingshot and support at the lower keltner. For forex traders, […]…
Welcome to the video update for Wednesday’s trading. The focus is on the emini (ES) and Trader Rick begins with the daily chart where a 3 candlestick pattern completed at the close on Monday. What will happen next? Keep an eye on the slingshot pattern too. Next chart is the 60 min day session ES […]…