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9/27 Premarket

September 27, 2017-9:25 am traderscott 3

The USD spring low, with the automatic rally is continuing, closing in on the big resistance area of 94.30. From 9/11 – “Even with a rally back to around 94.30 there will likely be more...

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9/26 Afternoon Comments

September 26, 2017-5:31 pm traderscott 0

So today gold is down, and the $ is up, and the people who thought yesterday was a wonderful aberration are disappointed. Yesterday with gold and the $ both up was not an aberration at...

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9/26 Premarket

September 26, 2017-9:23 am traderscott 0

Of course the rear view mirror analysis around the internet is shock that gold could have rallied so much in the face of a strong US$. Obviously they don’t read these comments. Last week: “First...

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9/25 Intraday Comments

September 25, 2017-3:37 pm traderscott 3

Interesting story here about what we’ve been saying. At these price levels, AMZN is much more concerning than the beaten down retailers. We’re bullish on them into the great setups. Read the post I did...

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9/25 Premarket

September 25, 2017-9:23 am traderscott 0

There are a couple video lessons coming, here is one about continuity and context. These concepts are confusing, but important to developing a winning approach to markets. The USD intermediate bottom is continuing. On 8/29,...

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9/22 Afternoon Comments

September 22, 2017-3:36 pm traderscott 0

Let’s take a look at some stocks from premarket. And we want to stress, some of these are daytrade potential and/or longer-term. We categorize them. If it’s longer-term, usually it will be several days or...

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9/22 Premarket

September 22, 2017-9:25 am traderscott 1

Yes, sentiment is powerful, actually the most powerful tool to me. And please realize that the best tool to to get at the sentiment is actually the technical action itself. Meaning, especially, ending action. And...

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9/21 Premarket

September 21, 2017-9:25 am traderscott 0

Below is the 2 year US Treasury. We talked about the Fed only following, that chart is an example. Several years ago I wrote posts about short-term Treasuries already being in a massive bear market...

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9/20 Premarket

September 20, 2017-9:24 am traderscott 0

Today is Fed day and these at times can be opportunities to get into or out of trades based upon the reaction to the “news”. It’s not news, and means “nothing”, as the Fed is...

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9/19 Premarket

September 19, 2017-9:20 am traderscott 3

Fed day is tomorrow, a known news event. This business becomes “easier” when markets begin to set up (ending action/accumulation for example) before the event. And a trading range, and break below it on the...

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