by Thomas Wood | Feb 25, 2019 | Futures, Trading Tips, Video of the Day |
Today we saw the energy markets (CL, RBOB, HO) take a nose dive after a support break. However, we saw a much larger than normal breakdown because this was fueled by President Trump sending out a Tweet regarding Crude Oil (CL) prices being too high. It is important to...
by Thomas Wood | Feb 22, 2019 | Futures, Trading Tips, Video of the Day |
Today we discuss how 30 Year Bonds (ZB, US) bounced off a well defined support level from yesterday’s breakdown and why that support was significant. We also talk about how we used a reversal doji to determine there was a higher probability of a bounce coming...
by Thomas Wood | Feb 20, 2019 | Futures, Trading Tips, Video of the Day |
Today we discuss the Crude Oil (CL) futures longs that we traded in the Futures Live Trading Room. They were based on a bullish bias within the context of the 240 minute up trend and bottoming tails we saw both yesterday and today. Don’t forget to like and...
by Thomas Wood | Feb 19, 2019 | Futures, Trading Tips, Video of the Day |
Today we followup on the Gold (GC) futures trade from last week. We had initiated the longs after a run on the stops occurred on the 240 minute price chart. This then ran higher and triggered the compression breakout, which in turn triggered the weekly bull flag setup...
by Thomas Wood | Feb 15, 2019 | Futures, Trading Tips, Video of the Day |
Today we revisit the Gold (GC) futures pennant from a few days ago and discuss how the members at Base Camp Trading were able to profit on both the false breakouts, and the final rally using technical analysis of price action. Recent Related Articles Trading with a...
by Thomas Wood | Feb 12, 2019 | Futures, Trade Setups, Trading Tips, Video of the Day |
Today’s video discusses the outlook for Gold (GC) futures. We are currently trading inside a narrowing range on the 240min price chart, which makes up a pennant pattern. Trend is up overall on daily and weekly price charts, but shorter term we are compressing....
