by Thomas Wood | May 6, 2019 | Futures, Trading Tips, Video of the Day |
https://youtu.be/hwppmEH-vvAToday we discuss the gap fill trades we took in the indices. Specifically, we break down where the entry and targets were for the Dow Futures (YM) and why we do not blindly buy a gap down or sell a gap up, but rather wait for compression...
by Thomas Wood | May 2, 2019 | Indicators, Trading Tips, Video of the Day |
https://youtu.be/EehERsOHNbYToday we look at how to bring in multiple timeframe data and plot moving averages based on timeframes not shown on the current price chart in TradeStation. Specifically, we add a 9 EMA based on 240 and 480 minute price charts on our current...
by Thomas Wood | Apr 30, 2019 | Futures, Trading Tips, Video of the Day |
https://youtu.be/VSI4tQp58BkToday we discuss Lean Hogs futures (LH) and what our outlook is for this market. We check out both daily and monthly price charts as we have a daily setup that may end up triggering a monthly setup for May, leading to a larger selloff over...
by Thomas Wood | Apr 29, 2019 | Futures, Trading Tips, Video of the Day |
https://youtu.be/KQ47bTOTZ7cToday we follow up on the setup we discussed last Friday talking about the Sugar futures (SB) market and the pending breakout. The setup triggered to the downside last night and has already followed through and hit our first profit target....
by Thomas Wood | Apr 26, 2019 | Futures, Trading Tips, Video of the Day |
https://youtu.be/YTCl1YgBElMToday we discuss our outlook for Sugar Futures (SB) and why we are looking for a breakout. Currently, this market is in a compression phase, but we have weakening momentum and lower highs coming in on price charts, which suggests a bearish...
by Thomas Wood | Apr 25, 2019 | Futures, Trading Tips, Video of the Day |
https://youtu.be/oU7xBbw1VB4Yesterday we discussed the Live Cattle Futures (LC) breakout that was occurring as the market moved from compression into expansion. Today we have hit our first targets on the downside. Next we will be watching for potential profit taking...