Trade of the Day

Today’s trade was an Oil Jan. contract with a sell order from a price of 50.57.  The price had been moving in an overall downwards trend until it started to move back and test the Moving Average blue line. The yellow circled red bar is our sell signal as that is a large bar that…


Trade of the Day

Today’s trade was a Gold Feb. contract with a buy order from a price of 1239.2.  The price had been moving back towards the Moving Average blue line after it had a big spike downwards at the release of a report at 5:30 am PST. The yellow circled green bar is our buy signal as…


Trade of the Day

Today’s trade was an Oil Jan. contract with a buy order from a price of 51.41.  The price had been moving in an upward trend before moving back towards the Moving Average lines and to test the Parabolic SAR red triangles. The yellow circled bar that closed at the same price as it opened is…


Trade of the Day

Today’s trade was an Oil Jan. contract with a buy order from a price of 52.02.  The price had been moving in a downward trend from one major support/resistance level of the white line at a price of 52.50 to the next major support/resistance level of the white line at a price of 52.00. The…


Trade of the Day

Today’s trade was an Oil Jan. contract with a buy order from a price of 51.41.  The price had been moving in a downward trend bouncing up off of the major support/resistance level of the white line at a price of 51.50 before returning to that level and managing to break through it. The yellow…


Trade of the Day

Today’s trade was an Oil Jan. contract with a sell order from a price of 51.49.  The price had recently returned back to the major support level of the white line at a price of 51.50 as the Moving Average blue line was unable to cross significantly above the red line as denoted by the…


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…