Mid Day ES Chart 5-29-2015

Mack

Today looks much like another range type day thus far.  Prices have now traded to the lower support area around 2113.00, so if that level holds, we will likely see prices head...

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Mid Day ES Chart 5-28-2015

Mack

The bias is down this morning so far, and I see what looks like a two tiered channel working lower.  The price action also had an early range like appearance as well,...

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Mid Day ES Chart 5-27-2015

Mack

Prices have been trending higher since the regular session opening.  I would expect prices to try and at least test the current high again around 2116.00 at the very least, but you...

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Mid Day ES Chart 5-26-2015

Mack

I hope everyone had a nice extended weekend!  I didn’t look at a chart for 3 days, so I am refreshed and ready for a good trading week. The trend is down...

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Mid Day ES Chart 5-22-2015

Mack

Today looks very range like once again.  Prices trended down most of the over night session only to reverse and start trending up about an hour prior to the regular session opening....

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Why I Do Not Trade Forex

Mack

Today I am going to discuss why I do not trade Forex markets. Traders approach me often asking if price action will work in Forex, and the answer is a simple “yes!”...

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Mid Day ES Chart 5-21-2015

Mack

Prices have been trending up most of the overnight and into the regular session today.  I see a tight but steady upward channel that is still in play for now. I continue...

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Mid Day ES Chart 5-20-2015

Mack

So far today the price action looks very range like.  There is a double top in place at the highs and the lows as well and prices are swinging back and forth...

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Mid Day ES Chart 5-19-2015

Mack

Prices rallied to new highs during the overnight only to sell off quickly soon after.  Prices have remained in a tight range since the regular session opening, so we will have to...

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Mid Day ES Chart 5-14-2014

Mack

No Mid Day Chart Today!  My Friday golf tournament has been rescheduled for Monday due to weather.  So, no mid day chart lesson today. I hope everyone has a great trading day....

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