Technical Trades
Technical Analysis applied to Stocks and Futures.

Futher to this post the ‘b’ down occurred today as expected.

Interesting chart this one.
A good r/r setup for a swing trade is to stalk the green C corrective to target the larger purple ‘b’ up.

Expecting return to fuzzy C support and then return of impulsiveness in a move to the SHS target.

Hi folks. Some of you may be pleased to see this upgrade. I just moved my Futures Chat box to a different page and I’m using “push technology” for automatic chat box refresh, so you won’t have to ever press refresh again You can access it at http://technicaltrades.net/Futures/ (CLICK […]

Futher to THIS POST, IMCL gets whacked today after an optimistic start to the day. Caution longs!
The daily is clearly short bias while price is under $34.00. 2 gap downs on volume should be respected, along with the crashing nature of those channels.

YM futures dropped 30 odd points this morning after the durable orders economic statistics were released at 8.30. “Durable Orders Actual -0.5% Forecast 1.5% Market expected 0.4%”.
The price action this morning fits the count for an ‘a’ down corrective from a recent 5 wave count up. Look for the ‘b’ ‘c’ action […]

Above are two equity curves based on the Vector scalp futures trades today. The first taken after 8 trades, the second taken after 23 trades. Below is the Chat discussion regarding same.
To summarize, it was shown that taking the first 8 Vector scalp trades and quitting after the string of early […]

OK, so you’ve thought it out, researched it, done your TA and drawn up your plan. You manage to time the trade well and you’re trade is green…….but it’s perhaps after a series of stopouts or failed plans or “long-term investments” that sunk and stunk rather than shot to da moon.
You’re obviously trading to […]

Further to THIS POST, outlining a wonderful risk/reward short trade, KFX has dropped wonderfully from $14.46 to $8.39 today, or +42% short side in 10 trading days. If you’re looking for the subscribe to RSS button, it’s at the foot of the page

Futher to THIS POST, where a good risk/reward setup was identified, the rewards are being delivered, +12.5% from the call, in 10 trading days.

Nailed a great short entry this morning.
Per Live Chat this morning:
“25 Sep 06, 08:37
Spike: Short YM 11618. Risking 30″
Target as shown in the 120min chart, 11418 or +200. I’ll be building to this position if able today.
Entry:

15min 3rd impulse down:

120min Fuzzy C failure this morning.

The QM/YM Chat is a free resource and all are […]

This is a good example of the bull improving a bad chart (since the double bottom in October and February. Price has acted impulsively bullish, channels have been busted bullishly (April) and booming channel action at the same time (blue upper channel bust). Correctives have been bought at price support (former resistance of […]

Futher to THIS POST price is falling in line with the bias, stop still intact.