Mid Day Chart 10-13-2014

Mack

Prices traded up nicely into the regular session open, but have been trending down since that time.  I see a likely two tiered channel that is working lower, and I have a...

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Mid Day Chart 10-10-2014

Mack

The big movement continues again today.  It looked really rangy again until just after the open at which time prices sold off in a big way, only to find support around 1906.0. ...

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Mid Day Chart 10-9-2014

Mack

I see a clear two tiered downward channel at the moment.  A measured move down off the first leg down gives us a target of about 1945.0, so if prices start working...

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Mid Day Chart 10-8-2014

Mack

Today is an FOMC announcement day, so be aware that you will get that news announcement at 1 PM CST today.  So far, the price action looks like typical FOMC price action,...

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Safety Stops

Mack

Today we are going to talk about the proper use of safety stops.  One of my biggest obstacles to successful trading was, and still is, not using my safety stops in a...

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Mid Day Chart 10-7-2014

Mack

Today looks similar to yesterday’s price action in that it looks more like a range at the moment.  There is likely a larger pattern in play and I see what looked like...

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Mid Day Chart 10-6-2014

Mack

The price action looks like we could end up with a range day as of this post.  Prices have been trending to the downside since the regular session opening and are finding...

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Mid Day Chart 10-3-2014

Mack

You could see today in two different ways really.  It looks like a spike and channel almost, so there may only be one upper tier to the channel (meaning the mid line...

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Important Member Information

Mack

Please see the important members only information below.  I’m going to add a paragraph of simple filler here so that this is only viewable by paying members.  Non members can actually see...

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Mid Day Chart 10-2-2014

Mack

While prices looked a little flat just after the regular session open, they continued to make lower highs before breaking lower again.  Even though prices were finding some support around the 1937.0 area,...

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