Welcome to the video update for Monday, October the 11th. First chart up is the weekly EUR/USD pair weekly chart where last week was a spinning top candle formation. With price moving thru resistance levels, note the next level of overhead resistance. Also noteworthy is the fact that price has traded outside the upper keltner […]…
Welcome to the video update for Monday, October the 4th. Trader Rick will take a look at some monthly charts to get the big picture look for the month ahead. First chart up is the EUR/USD pair monthly chart where price is now in the sell zone. Watch price action closely as we are near […]…
Welcome to the video update for Monday, September the 27th. Take a look at the EUR/USD pair weekly chart where the 9ema finally crossed the 30wma setting up a 9/30 long. Price is now approaching the fib zone which may provide resistance. On the daily chart price is approaching the 1.27 fib extension at about […]…
Welcome to the video update for Monday, September the 20th. First up is the EUR/USD pair weekly chart where price moved higher last week. Currently, the trend and momentum on this timeframe are up. Bias is up also on the daily chart with price trading outside the upper keltner channel the last 3 trading days. […]…
Welcome to the video update for Wednesday, June the 23rd. Today at 2:15pm est will be the FOMC announcement of any interest rate changes. My recommendation is to stand on the sidelines when the announcement is made, then be patient and wait for a clean setup. First chart is the EUR/USD pair 60 minute chart. […]…