7 June 2011

Market Forecast – 7 June 2011

HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD

Market Forecast – 7 June 2011 (19:33)

The “boats will be cheaper next year” video.

OK, just some random thoughts – not supposed to be taken too seriously. But help me plan and think about scenarios going forward.

Note: David C. sent me an email saying contract rollover could be generating spurious volume patterns. He’s right – the Dollar Index contract should not show RAMBO/NoSupply and the Australian Dollar should not show an Amateur bar. Please bear that in mind when listening to the video. Continuous contracts are a real time saver but there are the occasional pitfalls.

Videos of the day …

John Taylor of FX Concepts on Bloomberg, Monday 6 Jun 2011

And more good John Taylor stuff – just love the way he delivers his forecasts.

At the 1:20 mark, talking about a trend change in Euro/US Dollar, he says: “I fear as though we have 3 or 4 more days to go and I’m very nervous”. Betty Liu repeats “days” in astonishment and then laughs. Oh dear God – reminds me of the Sex Pistols classic “Pretty Vacant”. Well I suppose she is on TV and not managing money.

 

If you’re reading this article via email or RSS reader, then follow this link to view the Market Forecast video on the website. Good luck with your Emini trading.

1 December 2010

Multi-Market Review – Wednesday 1 Dec 2010

HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD

Multi-Market Review – Wednesday 1 Dec 2010 (11:06)

The risk trade is back on. We’ve now got a confirmed cyclical support level in the Emini (and related markets) – so we’re now moving into the final phase and towards an End of Trend warning signal.

The video reviews Emini, Copper, Euro, Dollar Index, Crude, Gold and Bonds.

If you’re reading this article via email or RSS reader, then follow this link to view the Multi-Market Review video on the website. Good luck with your Emini trading.

9 March 2010

Latest Emini Swing Trading Charts

Some Emini swing trading charts today, including TRIN indicator bearish divergence and volume distribution patterns.

If you're reading this article via email or RSS reader, then follow this link to view the Emini Swing Trading Charts video on the website.

HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD

Emini Swing Trading Charts – 9 Mar 2010 (12:46)

Good luck with your Emini swing trading.

22 February 2010

Emini Swing Trading: Downside Bias

Very low range and low volume day on Monday – could mean we're in for a large range day Tuesday (or Wednesday). My bias is to the downside but "you've gotta roll will the punches".

If you're reading this article via email or RSS reader, then follow this link to view the Emini Swing Trading video on the website.

HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD

Emini Swing Trading: Downside Bias (9:21)

Good luck with your Emini swing trading over the next few days.

26 January 2010

Emini Swing Trading Charts – Looking for a Bottom

Some swing trading charts today: Emini, S&P500, Dow Jones, Russell, Crude Oil, US Dollar Index and 30 Year Bonds.

I'm looking for the Emini to put in a bottom tomorrow with an "End of Trend" warning signal on the 45 minute chart. Then a test on low volume on Thursday. Let's see if this works out.

If you're reading this article via email or RSS reader, then follow this link to view the swing trading charts video on the website.

HIGH DEF VIDEO – MAY TAKE 15 SECONDS TO LOAD

Emini Swing Trading Charts – 26 January 2010 (9:28)

Good luck with your Emini swing trading.

3 December 2009

Emini Swing Trading – Price Cycles, Volume Momentum & Patterns

Change of pace and some Emini swing trading charts. The afternoon sell-off in the Emini on Thursday was extreme. We will no doubt get a bounce – because at this point "the sellers have run out of bullets".

However, what happens after that will be critical. There are two ways to go:

  1. We break through resistance at 1,117 and this endless rally continues, or
  2. Exhaustion volume comes in and the Emini doesn't make it back up to 1,117

I know that sounds obvious – the market is either going up or down – duh. But it's the markets reaction to the extreme selling on Thursday that will show the way. Do the Professionals see it as an opportunity to load up some more?

At this point I favor the second scenario and the daily Emini swing trading charts below show why:

  • Second cyclical turn after an "End of Trend" warning signal appears to be holding and this is often an extreme point and the start of a new trend move
     
  • Volume momentum has been declining and we're running out of steam with more Bearish divergence patterns being printed
     
  • This last upswing had a large number of low volume bars showing little Professional participation, and
     
  • We've seen distribution volume patterns (No Demand and Profit Taking) typically seen around tops (only 3 and I suppose we could have seen more).

Emini Swing Trading Price Cycles

Emini Swing Trading: Price Cycles (Emini daily)

Emini Swing Trading Volume Momentum

Emini Swing Trading: Volume Momentum (Emini daily)

Emini Swing Trading Volume

Emini Swing Trading: Low Volume Bars (Emini daily)

Emini Swing Trading Volume Patterns

Emini Swing Trading: Volume Patterns (Emini daily)

Good luck with your Emini swing trading.

Note to self: Stupid, stupid, stupid – why do you insist on sticking your head out? You will only get it blown off.

28 October 2009

Emini Swing Trading with some End of Trend Warning Signals

Some Emini swing trading charts today. Plus the Better Momentum indicator is now available. If you’re interested you can check out the momentum indicator here.

If you’re reading this article via email or RSS reader, then follow this link to view the Emini Swing Trading video on the website.

This is a high definition video and may take 30 seconds to load. If you are having problems viewing the video you may need the latest version of the Adobe Flash Player.

You can click the "Full Screen" icon (beside the volume icon in the video controls) to see the video in full screen mode. Press Escape to exit full screen mode.

Emini Swing Trading – 28 October 2009 (10:44)

Good luck with your Emini swing trading.

 

11 September 2009

Emini Swing Trading and Trailing Stop

Volume and momentum analysis on some Emini Swing Trading charts this weekend.

If you’re reading this article via email or RSS reader, then follow this link to view the Emini Swing Trading and Trailing Stop video on the website.

This is a high definition video and may take 30 seconds to load. If you are having problems viewing the video you may need the latest version of the Adobe Flash Player.

You can click the "Full Screen" icon (beside the volume icon in the video controls) to see the video in full screen mode. Press Escape to exit full screen mode.

Emini Swing Trading – 11 September 2009 (11:03)

8 July 2009

Emini Swing Trading Follow Up

Follow up to the Emini Swing Trading video posted 3 weeks ago. This video re-caps some significant turning points identified in the Emini, Crude, Copper, Gold, British Pound and Bond markets.

Follow this link to see the latest high definition Emini Swing Trading video on the site.

This is a high definition video and may take 30 seconds to load. If you are having problems viewing the video you may need the latest version of the Adobe Flash Player.

You can click the "Full Screen" icon (beside the volume icon in the video controls) to see the video in full screen mode. Press Escape to exit full screen mode.

Emini Swing Trading Update 8 July 2009 (12:38)

Follow this link if you want to see the original Emini Swing Trading video.

I mention the upcoming Better Momentum indicator quite frequently. Please remember this is not like other Momentum indicators – it’s based on buying and selling VOLUME, not price. Available in the next few days. Good luck with your Emini trading.

16 June 2009

Emini Swing Trading Video

Apologies for not posting any updates last week. This video covers a range of different markets (Emini, Gold, Crude, Copper, Pound, Bonds, etc.) from a swing trading perspective. Follow this link to see the latest high definition Emini Swing Trading video on the site.

This is a high definition video and may take 30 seconds to load. If you are having problems viewing the video you may need the latest version of the Adobe Flash Player.

You can click the "Full Screen" icon (beside the volume icon in the video controls) to see the video in full screen mode. Press Escape to exit full screen mode.

Emini Swing Trading 16 June 2009 (15:15)

I mention the upcoming Better Momentum indicator quite frequently. Please remember this is not like other Momentum indicators – it’s based on buying and selling VOLUME, not price. Good luck with your Emini trading.