Crazy morning with most markets plummeting. Anyway, at 8:45am I saw price action breaking through my 30 HMA so I put a but order in at the psychological 3.600 and my Take Profit at my usual 20 points. It hit my order and continued up at a decent pace and hit my TP. Good Morning once again :-)
A bit of a bigger sideways channel this morning for Natural Gas so I put a Sell order in at 3.670, a bit of ways away from the sideways price action. I took my usual 20 point profit for another great start to my day.
Big Winner this morning in less than 15 minutes - Gotta love fast price action when it goes your way :-) You could see how there was sideways action and a slow decline - I put in a sell order for the psychological price of 3.700 with my usual Take Profit of 20 points at 3.680 which it hit in less than 15 minutes!! Awesome morning indeed.
Copper this morning was in a slow fall getting pressure from PSAR so I put in a sell order at 4.3295 seeing if price action would break down past 4.3 - Once it did it quickly hit my Take Profit of 100 points, my usual for Copper, at 4.3195. Now to monitor to see if Price Action will reverse and I can do it all again on the way up :-)
Decent sideways action this morning when I woke up - I missed the rise at 7am. It came back down till 8am and then bounced again. You can see just after 8 the low hit around 3.710 so I used that as a guide to put my sell order in around 9am. Around 9:15am price action went straight down through my 30 HMA and my Take Profit was quickly hit at 3.690, my usual 20...
Woke up this morning and checked on Natural Gas. Saw that PSAR switched around 5am and was creeping upward. Put in a buy order at 3.620 with my usual 20 point Take Profit at 3.640. It shot up through my 30 HMA and I took my profit and ran - nice morning and finished early to do whatever I want today - NICE :-)
Once again, I love volatility. The 9:30 opening bell is so many times an incredible thing. Look at the huge sideways action all night long and into this morning. I put a buy order in at 645 in case price action goes crazy at the opening bell and it did - straight up through my 30 HMA to my Take Profit of 40 points. Beautiful Monday!!
Was checking in on Natural Gas this morning and it was in a huge sideways pattern overnight. During the 7am hour it went up a bit and came back down so I put a buy order in at 3.560 with a Take Profit of 20 points (my usual). It hit within the hour so great start to the week with my 'take my money and run' trading style :-)
Copper was in a sideways pattern since about 3am. I put in a Sell order for 4.3200 in case price action moved, which it did around 7:15am. Price action moved down through my 30 HMA and I put my usual Take Profit at 100 points, 4.3100 which it did in less than 1 hour. Again, price action continued moving down but I always like to take my profit and run :-)
Perfect setup for Copper this morning as soon as I woke up. In checking Copper chart you can see the sideways pattern with PSAR supporting for hours. I put a buy order in at 4.2900 and just in time, because just after 6am in less than 15 minutes, price action rose straight up through my 30 HMA and hit my TP at 2.3000 for a quick 100 point profit. Great start to...
Copper was in a sideways channel when I woke up and checked it out. Through the 7am hour it stayed sideways but started looking like it might break up, as my 30 HMA was starting to turn from red to green. I put a buy order in at 4.2700 with a Take Profit at 4.2800 for a quick 100 points. Then it broke up and PSAR changed it up it shot and hit my TP within 30...
Checked on Natural Gas when I work up this morning and saw a big price move up at 7am. I put my buy order in at 3.220 with a TP of 20 points (my usual) and with a little sideways action, it finally did hit my TP at 3.240. As you can see, price action continued up so I could have taken more profit probably but I'm a little overly cautious :-)
Scraped out a 20 point winner this morning to start off the week, albeit barely. Price action was sideways around 3.180. I put a sell order in at 3.160 in case price action shot down through my 30 HMA - it took a few hours but just around 9am it shot down and triggered my sell order. It seems all the markets today are unsettled so I wanted to just take some...
Snagged a quick 20 points as price action moved up through my 30 HMA. As usual, I just take my quick profit and run every day. As you can see, I have left some profit on the table as price action continued going up. Up to you how to trade of course, but I like getting the profit quick - usually within 30 minutes :-) Enjoy your weekend and stay safe. HEIKO
Crazy 10 minutes there - WHOA - Price action was hanging around 2.230 just before the 10:30am inventory announcement so I put a sell order in at 3.220 and while it did hit that and therefore trigger my order, price action took it all the way up to 3.255!!!! Crazy, and scary. lol Anyway, came back down to reality and all said and done, hit my TP at 3.200 for a...
Grabbed a quick 10 points on the 2pm FED announcement. I don't trade Gold too often but when there's pretty much a sure win, it's hard NOT to trade :-)
Another Opening Bell winner as the DJIA opened at 9:30am today with Natural Gas shooting straight up through my 30 HMA triggering my buy order at 3.210 then hit my Take Profit of 20 points at 3.230. Great morning with lots of volatility with the FED announcement at 2pm today.
Grabbed a quick 16 points this morning. I missed early morning as I was still sleeping but if I was awake at 6am I could have been in the trade at 665 instead of 670. As usual, I took my quick 16 points for a great morning win before the Fed 2pm Gong Show.