T3’s Take 3: Did the Fed Go Too Far?

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Join This Week’s Training Sessions! They’re FREE! STARTING NOW!: Day and Swing Trading Signals You Need to Know Thursday 9/8: How to Start Trading Forex Like a Pro ******** 1) Did the Fed Go Too Far? If you’ve been following financial markets in any serious way, than you know that Fed officials, including FOMC Chair Janet Yellen, […]

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USDJPY Is Dropping. Is This Just the Beginning?

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This morning I alerted subscribers of the Forex Profit Accelerator Newsletter to the bearish hourly pattern setting up on the USDJPY. Now, you might be thinking, why would anyone be bearish on the USD in light of the fact that, in this market, it seems to just keep going up? First we’ll take a look […]

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Morning Hammer: 40 Days and 40 Nights

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Join This Week’s Training Sessions! They’re FREE! Tuesday 9/6: Day and Swing Trading Signals You Need to Know Thursday 9/8: How to Start Trading Forex Like a Pro ********* Labor Day was not a cure for the summer snoozefest. SPX futures are flat as an ironing board as we come off 40 trading days without a 1% […]

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Morning Call Express: Back From The Beach

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In today’s Morning Call Express, Scott Redler talks about the key levels on the SPX for both support and resistance. He also looked at the charts of USO, AAPL, BABA, TWLO, as well as others.

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T3’s Take 3: Gold Screams on NFP Miss

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Join Next Week’s Training Sessions! They’re FREE! Tuesday 9/6: Day and Swing Trading Signals You Need to Know Thursday 9/8: How to Start Trading Forex Like a Pro ********* By Michael Comeau 1) NFP Miss Today we got the big bad August nonfarm payrolls report, and unfortunately, it disappointed. The 151K headline number missed expectations by 29K, […]

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5 Thoughts on the Disappointing August Jobs Report

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Now that we’re past the initial reaction to the weaker-than-expected August NFP report, let’s take an in-depth look at how the market’s doing: 1) Oil Wins! Oil is the big winner off the NFP report. WTI crude was red in the early going, but it’s now up 2.4%, and the Vaneck Vectors Oil Service ETF (OIH) […]

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Where Do We Go From Here- GBPUSD

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The GBPUSD has offered some nice upside action recently but, that may soon be changing… Before we talk about that, let’s look at the upside opportunities that developed over the past two days. Looking at the hourly chart, below, you’ll see that from August, 29 to August, 31 the GBPUSD was going sideways. Now, going […]

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A Lesson in Multiple Timeframes

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Yesterday, Smith & Wesson (SWHC) gapped up ahead of earnings. Now, sometimes gaps, up or down, are meaningless. Other times, they are so powerful that, if you can read them correctly, it’s easy money. As was the case with SWHC. A look at the daily chart, below, will show you that SWHC actually fell hard […]

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Did We Just See the Low in Gold?

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The idea of a low in gold, which I discussed yesterday, is playing out nicely. Indeed yesterday’s upside reversal in GDXJ on the 10 min was a fractal of the January pattern on the dailies which saw the start of the miners meteoric rise. GDXJ is following through this morning knifing up through the 45/45.50 […]

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