Showing posts with label day Trading. Show all posts
Showing posts with label day Trading. Show all posts
Monday, January 30, 2023
Is A Full Fledged Bear Market On The Horizon and The Rally In Precious Metals?
Saturday, January 18, 2020
Energy Continues Basing Setup - Next Breakout Expected Near January 24th
After watching crude oil fall from the $65 ppb level to the $58 ppb level (-10.7%) over the past few weeks, we still believe the energy sector is setting up for another great trade for skilled investors/traders.
We are all keenly aware that winter is still here and that heating oil demands may continue to push certain energy prices higher. Yet winter is also a time when people don’t travel as much and, overall, energy prices tend to weaken throughout Winter.
Over the past 37 years, the historical monthly breakdown for crude oil is as follows....
December: Generally lower by -$0.33 to -$0.86. Averages to the downside: -3.65 to +3.08
January: Generally lower by -$4.57 to -$6.72. Averages to the downside: -2.68 to +2.27
February: Generally higher by +$8.41 to +13.73. Averages to the upside +3.07 to -2.54
March: Generally higher by +7.33 to +$15.62. Averages to the upside by +2.84 to -2.14
Over the past 25 years, the historical monthly breakdown for natural gas is as follows....
December: Generally lower by -$2.34 to -$5.26. Averages to the downside: -0.81 to +0.69
January: Generally lower by -$5.14 to -$7.97. Averages to the downside: -0.69 to +0.45
February: Generally lower by -$1.48 to -$3.62. Averages to the downside -0.50 to +0.49
March: Generally higher by +0.63 to +$1.88. Averages to the upside by +0.41 to -0.70
Over the past 35 years, the historical monthly breakdown for heating oil is as follows....
December: Generally lower by -$0.16 to -$0.37. Averages to the downside: -0.14 to +0.09
January: Generally lower by -$0.52 to -$0.96. Averages to the downside: -0.09 to +0.10
February: Generally higher by +$0.48 to +$1.06. Averages to the upside +0.11 to -0.08
March: Generally higher by +0.03 to +$0.11. Averages to the upside by +0.09 to -0.10
This data suggests an extended winter in the U.S. may prompt further contraction in certain segments of the energy sector that may prompt an exaggerated downside price move in crude oil and natural gas. heating oil may rise a bit if the cold weather continues well past March/April 2019.
Conversely, if an early spring sets up in the U.S., then crude oil may begin to base a bit as people begin to traveling more, but heating oil and natural gas may decline as cold weather demands abate.
Heating oil has almost mirrored crude oil in price action recently. Our modeling systems are suggesting that crude oil may attempt to move below $40 ppb. This move would be a result of a number of factors – mostly slowing global demand and a shift to electric vehicles. We authored this research post early in January 2020 – please review it.
January 8, 2020: Is The Energy Sector Setting Up Another Great Entry?
We believe any price level below $40 in ERY is setting up for a very strong basing level going forward. We have identified two “pullback zones”. The first is what we call the “Deep Pullback Zone”. The second is what we call the “Deeper Pullback Zone”. Any upside price move from below $40 to recent upside target levels (above $50) would represent a 25%+ price rotation.
Historically, February is a very strong month for ERY. The data going back over the past 12 years suggests February produces substantially higher upside price gains (+1899.30 to -394.28) – translating into a 4.8:1 upside price ratio over 12 years. Both January and March reflect overall price weakness in ERY over the past 12 years. Thus, the real opportunity is the setup of the “February price advance”.
We believe any opportunity to take advantage of this historical technical price pattern is advantageous for skilled traders/investors.
This is a pure technical pattern based on price bar data mining. This is something you may not have ever considered unless you had the tools to search for historical price anomalies and rotation patterns. We have created a suite of tools and price modeling systems we use to help our members find incredible opportunities – this being one of them.
Get ready, February will likely prompt a very nice rally in ERY if historical price triggers confirm future price activity. The price pattern in February suggests a large upside price move is likely in ERY and we believe these low price basing patterns are an excellent opportunity for skilled traders.
Join my Wealth Building Newsletter if you like what you read here and ride my coattails as I navigate these financial markets and build wealth while others lose nearly everything they own.
Chris Vermeulen
The Technical Traders
We are all keenly aware that winter is still here and that heating oil demands may continue to push certain energy prices higher. Yet winter is also a time when people don’t travel as much and, overall, energy prices tend to weaken throughout Winter.
Over the past 37 years, the historical monthly breakdown for crude oil is as follows....
December: Generally lower by -$0.33 to -$0.86. Averages to the downside: -3.65 to +3.08
January: Generally lower by -$4.57 to -$6.72. Averages to the downside: -2.68 to +2.27
February: Generally higher by +$8.41 to +13.73. Averages to the upside +3.07 to -2.54
March: Generally higher by +7.33 to +$15.62. Averages to the upside by +2.84 to -2.14
Over the past 25 years, the historical monthly breakdown for natural gas is as follows....
December: Generally lower by -$2.34 to -$5.26. Averages to the downside: -0.81 to +0.69
January: Generally lower by -$5.14 to -$7.97. Averages to the downside: -0.69 to +0.45
February: Generally lower by -$1.48 to -$3.62. Averages to the downside -0.50 to +0.49
March: Generally higher by +0.63 to +$1.88. Averages to the upside by +0.41 to -0.70
Over the past 35 years, the historical monthly breakdown for heating oil is as follows....
December: Generally lower by -$0.16 to -$0.37. Averages to the downside: -0.14 to +0.09
January: Generally lower by -$0.52 to -$0.96. Averages to the downside: -0.09 to +0.10
February: Generally higher by +$0.48 to +$1.06. Averages to the upside +0.11 to -0.08
March: Generally higher by +0.03 to +$0.11. Averages to the upside by +0.09 to -0.10
This data suggests an extended winter in the U.S. may prompt further contraction in certain segments of the energy sector that may prompt an exaggerated downside price move in crude oil and natural gas. heating oil may rise a bit if the cold weather continues well past March/April 2019.
Conversely, if an early spring sets up in the U.S., then crude oil may begin to base a bit as people begin to traveling more, but heating oil and natural gas may decline as cold weather demands abate.
Heating oil has almost mirrored crude oil in price action recently. Our modeling systems are suggesting that crude oil may attempt to move below $40 ppb. This move would be a result of a number of factors – mostly slowing global demand and a shift to electric vehicles. We authored this research post early in January 2020 – please review it.
January 8, 2020: Is The Energy Sector Setting Up Another Great Entry?
We believe any price level below $40 in ERY is setting up for a very strong basing level going forward. We have identified two “pullback zones”. The first is what we call the “Deep Pullback Zone”. The second is what we call the “Deeper Pullback Zone”. Any upside price move from below $40 to recent upside target levels (above $50) would represent a 25%+ price rotation.
Historically, February is a very strong month for ERY. The data going back over the past 12 years suggests February produces substantially higher upside price gains (+1899.30 to -394.28) – translating into a 4.8:1 upside price ratio over 12 years. Both January and March reflect overall price weakness in ERY over the past 12 years. Thus, the real opportunity is the setup of the “February price advance”.
We believe any opportunity to take advantage of this historical technical price pattern is advantageous for skilled traders/investors.
This is a pure technical pattern based on price bar data mining. This is something you may not have ever considered unless you had the tools to search for historical price anomalies and rotation patterns. We have created a suite of tools and price modeling systems we use to help our members find incredible opportunities – this being one of them.
Get ready, February will likely prompt a very nice rally in ERY if historical price triggers confirm future price activity. The price pattern in February suggests a large upside price move is likely in ERY and we believe these low price basing patterns are an excellent opportunity for skilled traders.
Join my Wealth Building Newsletter if you like what you read here and ride my coattails as I navigate these financial markets and build wealth while others lose nearly everything they own.
Chris Vermeulen
The Technical Traders
Monday, August 12, 2013
How Many Day Trading Strategies Do You Need?
Our trading partners at MarketGauge have developed a simple, low risk approach to trading that has rewarded them with amazing profits using simple techniques that leverage the Opening Range.
And they did it with a maximum risk of only $150 on each trade in a documented account!
Follow the link below to watch a short video from MarketGauge that shows you how their Opening Range approach allows them to end each month in the black, plus see how you can statistically improve your trading for more consistent gains.
Watch The Short Video Here
And they did it with a maximum risk of only $150 on each trade in a documented account!
Follow the link below to watch a short video from MarketGauge that shows you how their Opening Range approach allows them to end each month in the black, plus see how you can statistically improve your trading for more consistent gains.
Watch The Short Video Here
During the video you'll discover:
- One simple indicator that dramatically improves the profitability of trading the Open Range
- How to determine when to trade breakouts vs. reversals for maximum profit
- How to avoid breakouts that fail AND profit from the reversals
- The ‘best’ way to determine stops and targets for consistent returns
- And More!
After the video be sure to register for a ‘Live’ event with MarketGauge where they will demonstrate these powerful methodologies and show you the ‘only’ day trading strategy you’ll ever need… Plus see documented proof that their strategy truly creates an advantage for your trading.
Go Here To Watch The Video And Register For The Event!
Go Here To Watch The Video And Register For The Event!
Tuesday, May 15, 2012
E-Minis Unfair Advantage....Have You Watch This Yet?
So many people are CRUSHING the markets right now and making lots of money!
At the same time, far more traders are gripped with fear and struggling just to break even….
The difference?
Confidence and consistency.
As you know, you build both when you understand the best times of the day to trade and how to avoid the common mistakes and “hidden” pitfalls that prevent consistent profits.
Trading veteran, Todd Mitchell ,just came out with a video training that shows (using his actual charts!) the hurdles holding back most traders from making money!
Watch closely as he uses minimal money to pull predictable profits from the E-minis, while only researching a single chart.
VIDEO > The E-Minis Unfair Advantage
The knowledge he shares will shortcut your learning curve and help you avoid falling victim to shady advice. Please don’t miss out.
P.S. When you watch the video, I’m almost certain you’ll uncover several nuggets of wisdom that will eliminate mistakes costing you profits. This is not just about gain – it’s about acting prudently to prevent and avoid financial pain!
Just click here, every trader must see this video
At the same time, far more traders are gripped with fear and struggling just to break even….
The difference?
Confidence and consistency.
As you know, you build both when you understand the best times of the day to trade and how to avoid the common mistakes and “hidden” pitfalls that prevent consistent profits.
Trading veteran, Todd Mitchell ,just came out with a video training that shows (using his actual charts!) the hurdles holding back most traders from making money!
Watch closely as he uses minimal money to pull predictable profits from the E-minis, while only researching a single chart.
VIDEO > The E-Minis Unfair Advantage
The knowledge he shares will shortcut your learning curve and help you avoid falling victim to shady advice. Please don’t miss out.
P.S. When you watch the video, I’m almost certain you’ll uncover several nuggets of wisdom that will eliminate mistakes costing you profits. This is not just about gain – it’s about acting prudently to prevent and avoid financial pain!
Just click here, every trader must see this video
Wednesday, December 8, 2010
Is THIS Oil Rally For Real?
Is it different this time? Will the "Obama Claus" rally push crude oil [and commodities in general] through the critical 90+ levels? It's looking like these markets have played out their run and light volume December trading is about to set in. Swing traders and investors beware, this looks like a day traders market for December. Here's your trading numbers for Wednesday....
Crude oil was lower due to profit taking overnight as it consolidates some of the rally off November's low. Stochastics and the RSI are overbought and are turning neutral to bearish hinting that a short term top might be in or is near.
Closes below the 20 day moving average crossing at 85.30 would confirm that a short term top has been posted. If January extends the rally off November's low, May's high crossing at 93.29 is the next upside target.
First resistance is Tuesday's high crossing at 90.76
Second resistance is May's high crossing at 93.29
Crude oil pivot point for Wednesday morning is 89.16
First support is the 10 day moving average crossing at 86.75
Second support is the 20 day moving average crossing at 85.30
Natural gas was higher overnight as it consolidates some of Tuesday's decline. Stochastics and the RSI are diverging but are bullish signaling that sideways to higher prices are possible near term.
If January extends the rally off November's low, the 38% retracement level of the June-November decline crossing at 4.654 is the next upside target. Closes below the 20 day moving average crossing at 4.267 would confirm that a short term top has been posted.
First resistance is Tuesday's high crossing at 4.545
Second resistance is the 38% retracement level of the June-November decline crossing at 4.654
Natural gas pivot point for Wednesday morning is 4.440
First support is the 10 day moving average crossing at 4.345
Second support is the 20 day moving average crossing at 4.267
Gold was lower due to profit taking overnight as it consolidates some of the rally off the mid-November low. Stochastics and the RSI are becoming overbought, diverging and turning neutral hinting that a short term top might be in or is near.
Closes below the 20 day moving average crossing at 1378.50 would confirm that a short term top has been posted. If March extends this year's rally into uncharted territory, upside targets will now be hard to project.
First resistance is Tuesday's high crossing at 1432.50
Gold pivot point for Wednesday morning is 1412.70
First support is the 10 day moving average crossing at 1389.70
Second support is the 20 day moving average crossing at 1378.50
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Thursday, November 11, 2010
Matt Nesto: Where is Crude Oil and Gold Headed on Friday?
CNBC's Matt Nesto discusses the day's activity in the commodities markets, and looks at where oil and gold are likely headed tomorrow.
Free Trading Video: Day Trading Made Simple
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Free Trading Video: Day Trading Made Simple
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