Mid Day Chart 6-30-2014

Mack

It looks like another possible range day.  The majority of the price action has been within a two point range, so I am hoping that range does not hold as the day...

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Mid Day Chart 6-27-2014

Mack

It seems like it’s been a short week, but probably because I have been so busy catching up this week.  Anyway, it is Friday and it would not surprise me to see...

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Mid Day Chart 6-26-2014

Mack

What looked to be a strong down trend day has turned into a range for now.  It’s not a clean range either, meaning that the highs and lows are moving around rather...

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Mid Day Chart 6-25-2014

Mack

It looks like another range day could be setting up, but the market does tend to repeat itself, so could we be looking at prices running up only to see it sell...

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Resting Orders

Mack

Today’s lesson is going to discuss resting orders and how they affect the price action.  One of the best things about learning price action is the ability to truly understand why things...

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Mid Day Chart 6-24-2014

Mack

Prices have been trending up since early pre-market hours, but finding resistance at the 1953.0 – 1955.0 area again today.  There was some high level news out at 9 AM CST, so...

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Mid Day Chart 6-23-2014

Mack

I am back in the office today and trying to trade some, although I am extremely behind due to my week away.  It’s looking like a range type day so far with...

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Mid Day Chart 6-13-2014

Mack

First, I have had some freezing problems with my chart this morning.  It has been intermittent, but there all the same, so I have missed a couple of the best trades.  If...

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Mid Day Chart 6-12-2014

Mack

Today is a clear down trend as of now.  There is no reason it can not or will not turn into a range day or reverse and trend up again, but for...

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Mid Day Chart 6-11-2014

Mack

It is another slow day with a tight range thus far.  Prices have been in a 4 point range for the entire morning after an over night sell off.  I would expect...

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