Posted by dakotadj on 13th of May 2015 at 01:34 pm
Wheat futures have bounced off the .618 retrace of last low.
Catalyst could be dry conditions in wheat growing regions
such as North Dakota. Something to monitor I think. I know it
is very dry up there now in the western part of the state.
Posted by dakotadj on 12th of Feb 2015 at 12:09 pm
I am long the March euro (ech15). It looks like it
has had 5 waves up from yesterdays lows. Is this an impulse
wave signaling further upside movement after and abc decline here?
Also, where would first major resistence be? I would like to
swing trade this thing with all of the negative sentiment I think
we may have bottomed. Any suggestions or ideas.
Posted by dakotadj on 17th of Dec 2014 at 02:26 pm
They are not perfect and they work their asses off on here.
If you need someone to hold your hand all day you maybe need
to look elsewhere. They are trying to teach you to act on your own
as much as anything. You will be much more successful once you have
accomplished that.
The community is delayed by three days for non registered users.
BTU (Peabody Energy)
Posted by dakotadj on 21st of May 2015 at 10:35 am
http://stockcharts.com/c-sc/sc?s=BTU&p=15&yr=0&mn=0&dy=5&i=p32427461924&r=1432218773350
Nice reversal yesterday on positive divergence. Very unloved segment of the market now.
Wheat
Posted by dakotadj on 13th of May 2015 at 01:34 pm
Wheat futures have bounced off the .618 retrace of last low. Catalyst could be dry conditions in wheat growing regions such as North Dakota. Something to monitor I think. I know it is very dry up there now in the western part of the state.
tick chart
Posted by dakotadj on 20th of Apr 2015 at 01:35 pm
What does the new orange box on the tick chart telling us to do now?
reverse divergence?
Posted by dakotadj on 25th of Mar 2015 at 12:04 pm
Reverse divergence on 60 minute transport
http://stockcharts.com/c-sc/sc?s=$TRAN&p=60&yr=0&mn=1&dy=20&i=p60014142010&a=248900629&r=1427299583083
Crude
Posted by dakotadj on 5th of Mar 2015 at 09:52 am
Crude is on a shelf support now on the April contract around 51.00 which was prior resitance
marketguy
Posted by dakotadj on 26th of Feb 2015 at 12:17 pm
Yes, I remember Marketguy. He was something else...lol Very entertaining
euro
Posted by dakotadj on 12th of Feb 2015 at 12:09 pm
I am long the March euro (ech15). It looks like it has had 5 waves up from yesterdays lows. Is this an impulse wave signaling further upside movement after and abc decline here? Also, where would first major resistence be? I would like to swing trade this thing with all of the negative sentiment I think we may have bottomed. Any suggestions or ideas.
Symmetry move
Posted by dakotadj on 30th of Jan 2015 at 02:35 pm
Seems SPX stopped at around 17-18 pt. symmetry move on this last push for now
Crude
Posted by dakotadj on 14th of Jan 2015 at 02:32 pm
I believe Crude is at or near it's 9 EMA and stalling now
Uncalled for comment
ES 15 Minute View
Posted by dakotadj on 17th of Dec 2014 at 02:26 pm
They are not perfect and they work their asses off on here. If you need someone to hold your hand all day you maybe need to look elsewhere. They are trying to teach you to act on your own as much as anything. You will be much more successful once you have accomplished that.
Exhaustion Trade
Posted by dakotadj on 20th of Nov 2014 at 03:01 pm
Did the Exhaustion trade meet all the criteria for a short on the close today?
Chart
ITB (Home Builders ETF)
Posted by dakotadj on 20th of Dec 2013 at 02:17 pm
Does this type of chart usually break to the upside? What would you look for to trade this?