A farmer has to take advantage of the opportunity to make hay when the sun shines. If he has other things to do, they’ll have to wait for a rainy day. He cannot make hay on a rainy day. A trader or investor has to invest when the ‘set ups’ are ready. If the low […]
We are at another Fed FOMC Wednesday. The latest Fed Decision on interest rates will be released today, and usually that means we have to get ready for likely volatility. Today I prepared my premium readers to get ready for the trades that the charts are setting up for. Lets review some of what they […]
Ready for what? For one thing, we are at another Fed Wednesday. Yes, that’s right, the latest Fed Decision on interest rates is released today, and usually we have to get ready for any possible volatility. This time I dont expect much in the way of a surprise there, but we may want to start […]
Whenever we as traders get really really comfortable with our trades and trading, I think it is always a good idea to go back and shake things up a bit, just to keep us on our toes. Since not a lot has changed on the charts from the weekend report through Mondays trading day – […]
It was another excellent week of trading at Chartfreak.com. Allow me to share a few thoughts with you. . EDIT: The following trade was up another 40% today alone 🙂 LGCY- This was the trade of the week if you ask me. I showed this base as having explosive potential back on April 9th. […]
It was another excellent week of trading. I received more than a couple of emails expressing joy over the past couple of months of activity. I’m really happy to see these results. Since we know that these runs dont last forever without consolidation phases, lets get right to the trading and our expectations going […]
I just wanted to post this Friday report to mention a couple of things about our trades. CRB – This was my Tuesday chart of the CRB. Notice the area where it was expected to run to , and then it might hit resistance. Today the CRB hit the 200sma and turned down. Is […]
Thursday – 2 trading days left in the week. Again we have had another great week of trading, but how long will this last? Should I sell my positions? Lets do a quick market review and then discuss positions. . SPX – April 18 had the markets Bullishly moving higher. SPX April 20 – The […]
Excellent trading, that’s what has been up in 2016! I keep telling myself not to get too used to it, because I know that following the fast run higher is a pullback or consolidation move. This year we are seeing various Sectors setting up at different time frames. We’ve been able to sell the run […]
Energy Sector Review – It’s all a matter of perspective. If you fell asleep Sunday night and didn’t wake up until after the market closed on Monday, you may have thought that not a lot had happened. If, however, you read my report Monday morning , you saw that Oil had dropped 4% overnight. CNBC […]
