Technical Trades
Technical Analysis applied to Stocks and Futures.

The bias remains long for oil. The minor channel short has no teeth at this stage.

other charts

Pray you’re never in a landing like this one….
Bad landing video

Just created a new Education page for the benefit of readers.
First topic is on Bonds.
Future topics:
Mutual funds
Portfolio management
Stock trading Systems
Forex
Charting
Commissions and brokers
Execution issues
Trading psychology
Discipline
Investment management

Lots of reason not to invest.
Historically, even the good ones aren’t good enough.
Click HERE to see what I mean.

I’m very impressed with ORCL’s price action recently. The long-term chart view highlights the potention for $32.00 in months ahead. The daily is showing impulsiveness after the June gap up on volume. This one definately worth stalking to profit from the 100% profit potential in the chart.

Further to the SM post Wednesday, after entry it sold off nicely for +4% from the resistance and comes back down to test the fuzzy C support on the daily. And this could be a fuzzy 3 down on the daily too. Yet another perfect 1% risk entry that rewards early. […]

Further to BDK mentioned the other day, this is strength that should be stalked to shorted into. Channel long yesterday; just waiting for the confirmation pattern.

It’s that familiar and usually very reliable pattern known as the Head and Shoulders. Current levels support a very good r/r short setup, with stop over the R shoulder to target the $22.00 long-term price support. Chart paints the picture pretty well.

Long-term charts: HERE
Notes for those long-term charts:
*Monthly and daily PSAR support short […]

As you all know, Vector has been bullish since the close on Thursday, and yet again it’s proven itself, by catching the correct bias and trend early. What a fine trading system and market bias indicator it is, and I encourage all readers to follow the Vector signals and their performance while they’re still […]

It’s impulsive down with a 5th to go, a broadening triangle up top, a gap that’s vulnerable to fail, and a very handsome target. If one stalks the right moment and enters with limited risk, then the risk will be worth the reward.

Check out the IIC 100 list filtered for parabolic stocks just last night. Only 2 out of 100 qualified as worthy, and they were CMRG and ICLR. Details:
http://parabolicstockpicks.com/index.php/page/2/

“>CHARTS

In nice gap fashion too. The anticipated breakout follows a bullish reaction to today’s PPI figures. I have a long from eod Friday that sees +2% green now, and the Bull vs Bear trading system benefits too.