Welcome to the video update for Thursday, July 29th. This update will focus on how Trader Rick uses multiple timeframe analysis and market structure to identify and confirm an intraday setup. We are using the ER chart beginning with the weekly where we find price in the sell zone. The daily chart price action shows […]…
Welcome to the video update for Thursday, March the 18th. If you trade crude, remember that we roll to the May contract starting this Friday. First chart is the EUR/JPY forex weekly where price is poised to move in to the sell zone. Watch for a shorting opportunity by reading the candlesticks. Note where overhead […]…
Welcome to the video update for Monday, March the 8th. We will start off with the eurostoxx 50 weekly chart where we are looking for a lower high, a double top or higher prices. Trader Rick looks at the weekly gold chart where we are still watching a possible abc correction. The MACD is still […]…
Welcome to the video update for Friday, February the 19th. If you trade crude oil, today is the last trading day for the March contract. In this video update, Trader Rick reviews two setups from Thursday’s trading and offers a few trading tips from his vantage point. First chart is the 4500 volume euro currency […]…