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Premarket 18/05/2016

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Hi everyone, Today the markets looks bearish, so is a good day to see a reversal on the market. CL. Yesterday the Crude Oil reversal at 49,50 and the price reached 47,45 now the price is moving out the bearish channel. If the price goes above 48,00 we can see a new highs today. If not, the support is 47,00-46,50. I don't expect a close belows this level. TF: Bearish market too, and the chart shows us a relevant support at 1090, If the price lost the yellow line we can expect new lows. If we see the price out the bearish channel and a close above 1100 we will see new highs for today. YM: The price is sideways the support is set at 17400 and the resistence 17500. I a large range but should wait until the price goes above or below. Right now the price is moving in the bearish channel but the main movement is sideways and we should wait a breakout. NQ: Another sideways market, despite the market is moving inside the bearish channel. If we see a cl...
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Premarket 21/04/2016

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Hi everyone, Everything remains the same as yesterday's close. YM and TF are clearly bullish on the other side is NQ that in a sideways market and we should wait for a breakout, but if you look carefully it looks bearish. So the question: Can the YM and TF made new highs with a NQ in a downtrend? My first answer, it is too difficult but yesterday it happened and for that reason we can expect the same even we can see how NQ change the trend and become bullish. Today Major News is: Unemployment Claims after that probably we show on the screen the way for taday. Also look at the VIX : above 14 bearish market and below 13 very bullish. Good Bye and Good Trading.
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Live 19/04/2016

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Hi everyone, I Took a short position in TF. This markets look weak and after a rejection candles in the R3 I Decided to trade short, now the remaining position is in Break Even. Goodbye and Good Trading. Update 1: Short on TF and close to the base channel. Goodbye and Good Trading. Update 2: Stoploss Filled on TF. Goodbye and Good Trading.
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