DislikedMOS- Support tested multiple times, if the level continues to be tested a breakdown is imminent.
POT-Resistance tested multiple times, if the trendline continues to be tested a breakout past 47.00 is imminent.Ignored
ES S&P 500 futures, NQ NASDAQ 100 futures, RTY Russell 2000 4 replies
NASDAQ - Price Action & ICT 149 replies
DAX & Nasdaq cash open daily profits 1 reply
ECN && STP && Scalping && Hedging - Broker Review - Oct 2009 24 replies
Why trade in USD on NYSE & NASDAQ if USD is going to be worthless soon? 7 replies
DislikedMOS- Support tested multiple times, if the level continues to be tested a breakdown is imminent.
POT-Resistance tested multiple times, if the trendline continues to be tested a breakout past 47.00 is imminent.Ignored
DislikedHeres a chart of the SPY that am watching pretty closely at the momentIgnored
DislikedAnother one of my setups for Monday, this ones a screaming long.Ignored
DislikedIt broke down, but can it continue? To answer that question, I checked out the XLB (Basic Materials Sector ETF) and MOO (Agriculture ETF). For those who don't understand the relationship, MOS is a part of the agriculture industry which is along with other industries a part of the basic material sector. The equities market has several sectors which make the market what it is and as per size goes, the XLB>MOO>MOS or Sector>Industry>Stock.Ignored
DislikedThanks
Ahead of the USDA report today I would go long PINK:YARIY! If the report come out bullish, I buy underperformers like POT and MOS!Ignored
DislikedAll the best mate,I personally don't follow the USDA reports unless they come to my attention through my news sources. I also don't trade pinksheets due to the illiquid nature of those stocks. It doesn't suit my trading criteria. Buying POT and MOS are however on my agenda today, should the play out the way I planned for.Ignored
DislikedDo you find it useful to follow those reports? Do they really affect price? Is your approach technical or fundamental?Ignored
DislikedThey are useful at the right time :-) The supplyside builds up late summmer/fall, and demand appears early spring/summer! Problem now is the broader market out of sync :-(
Hmmm... my approach? Its mixed :-) I like the technicals, but I prefer to have some fundamentals in the back.Ignored