Trade of the Day

Today’s trade was an Oil Jan. contract with a buy order from a price of 52.49.  The price had been moving in an upwards trend since the yellow X where the Moving Average blue line crossed above the red line. The two yellow circled green bars that closed near their highs are our buy signal…


Trade of the Day

Today’s trade was an Oil Jan. contract with a buy order from a price of 50.50.  The price had been moving in a downwards trend back and forth between major support/resistance levels of the white lines at a price of 51.50 to 50.50, then to 51.00 and almost to 50.00. The yellow circled red bar…


Trade of the Day

Today’s trade was an Oil Jan. contract with a buy order from a price of 53.52,  The price had been moving sideways until it slowly moved upwards and broke through the major support/resistance level of the white line at a price of 53.50. The yellow circled green bar is our buy signal as that bar…


Trade of the Day

Today’s trade was an Oil Jan. contract with a sell order from a price of 53.43.  The price had been in an overall downward trend until it hit the major support level of the white line at a price of 53.00 and then came back towards the Moving Average blue line and red line and…


Trade of the Day

Today’s trade was an Oil Jan. contract with a buy order from a price of 52.63.  The price had recently broken through the major support/resistance level of the white line at a price of 52.50 and had just returned back to that level. The yellow circled green bar that closed near its high is our…


Trade of the Day

Today’s trade was an Oil Jan. contract with a buy order from a price of 50.49.  The price had recently moved back towards the major support/resistance level of the white line at a price of 50.50 from the other major support level of the white line at a price of 50.00. The yellow circled green…


Trade of the Day

Today’s trade is an Oil Jan. contract with a sell order from a price of 51.51.  The price had been moving back and forth between the major support/resistance levels of the white lines at even and half dollars. The yellow circled red bar that is reversing the mini-trend of the four consecutive green bars is…


Trade of the Day

Today’s trade was an Oil Jan. contract with a sell order from a price of 53.80.  The price had been moving in a sideways channel since it re-opened at 3:00 PST. The yellow circled red bar is our entry point as it closed at it’s low, so we would place a sell stop order just…


Trade of the Day

Today’s trade was a Euro Dec. contract with a sell order from a price of 1.14210.  The price had been moving up and down but with an overall downward trend since the Moving Average blue line had crossed below the red line as denoted by the yellow X. The first yellow circled red bar is…


Trade of the Day

Today’s trade was an Oil Jan. contract with a sell order from a price of 55.95.  The price had been moving in a downward trend since the Moving Average blue line crossed the red line as denoted by the yellow X. Once the trend had crossed to downward, we would be looking for a point…