One of my friends asked me if I would please turn my attentions to the recent activities in the Oil Futures market (CL). The Oil companies like it when oil stays above $90 a barrel and OPEC prefers $100 a barrel for both Brent and WTI crudes. With ...

I'm not Jaroo (I wish he was still posting in the threads), but I'll give it a shot. We have a nice Swing Failure Point (SFP) trade using the Sept 30th Swing Low point. Yesterday price did a PBT&CA both the 0.9300 Big Round Number (BRN) and the Sept ...

Hi Mario, The 4hr BUOB that you're showing is there because of the poor results that US reported on last Friday's Non-Farm Payroll report. There isn't anything wrong with basing a trade on a BUOB...as long as you understand the story behind it. ...

Hi ferox, Definitely read the first 200 pages of the thread. I don't know what your experience level is with trading the items you listed, but I don't normally trade those myself so I can't advise on these spreads. If you're wanting to trade ...

Hi ferox, An SFP is a Swing Failure Pattern. Pick on my chart right above for UCad. Price makes a high (can be a High of the Day), Price swings away some distance and gives it some space, Price retraces back to the high and breaks it by several pips ...

I think OB was talking about his 1hr SFP that he took back on Aug-27. He had about 50 pips profit and was holding out for more. Maybe his TP was overly optimistic. image Regards, Eric.

Hi Pinbar, Well...from a Jaroo point-of-view...shorts look to be good on UChf starting out the week. After the poor numbers for NFP on Friday, UChf Daily/4hr prices broke and closed below a Monthly HCR (HHR in here). Prices on the 4hr retraced back ...

Your posts have been scarce on the PF...I went looking for where you went...and found you over here. I can hang out here too. I'll help out where I can. HHR and LLS look like HCR and LCS, so my charts will have similar sounding terms on them. ...

Another 4hr/Daily method similar to Jaroo...I'll play along. Here is a 4hr chart of GBP/NZD making some Southern Exposures off of the strong resistance. image Best, Eric.

Hi Zahmed, You seem to have a good start on trading fx on your small account...I remembered what you were risking per trade. On the fx side (not gold) I have reviewed your trades and looked at the charts. I'm wondering what you are using as a stop ...

The Feds refuse to print higher denomination notes...they say it will make it easier for the Drug Dealers to launder their money. What seems scary is that Zimbabwe felt the need to print 100 Billion dollar notes. When the DM fell on hard times at ...

And back into the Channel Cable goes... Knowing where that 1.5833 rock is can come in handy. As with most Jaroo like entries and paying attention to where the Stops are likely to be placed...a 35 pip SL usually suffices. Regards, Eric.

Here's the Cable chart without all of the other lines on it. Price has settled on the Bottom Edge for the moment. For future reference I'll call out the Top, Mid, and Bottom lines that I'm watching... Top 1.5956 Mid 1.5892 Bot 1.5833 This an area ...

One of my favorite pairs is Pound Sterling/US Dollar (GBP/USD...or simply Cable). This is one of the 3 Kingdoms that fti talks of in his TAF thread...and it's a widely followed major pair. I like it because it moves, and anything that moves and has ...

AU 4hr chart I'm watching today.