Friday, April 27, 2012

27/04/2012 Bullish but vulnerable....

Again a bullish environment but I wait for the rising 5 ma daily. Discipline is key.

Wednesday, April 25, 2012

25/04/2012 20 ma es in play....

We see a lot of divergence between ym, es and nq and that's always difficult to trade. I am looking for shorts because of the declining 20 ma daily especially in es and nq.  Waiting for signals in the smaller frames is an option.

Monday, April 23, 2012

23/04/2012 5 ma monthly in play and rising...

5/20 daily is negative but the rising 5 ma monthly could trigger a reverse.  Waiting for signals in the smaller frames is an option.

Wednesday, April 18, 2012

18/04/2012 20 ma daily could be resistance...

We saw a very positive day yesterday but the 20 ma's daily could be resistance today.  Only ym is moving above on these charts.  Also Europe is moving under the declining 20 ma daily.

Monday, April 16, 2012

16/04/2012 50 ma daily nq in play...

Looking for longs because of the rising 50 ma daily nq. If we see lower levels, 12690, the rising 5 ma monthly ym is interesting to watch.

Wednesday, April 11, 2012

11/04/2012 Shorts after the bounce...

5 ma monthly ym is support on these charts.  Looking for shorts after the bounce but waiting for signals in the smaller frames.

Wednesday, April 4, 2012

20 ma nq reached...reverse??

Longs were vulnerable and today we see a dropdown of 45 points and perhaps more. Is it still profittaking or can we expect more downmomentum?  Nobody knows but for today, I am looking for a reverse but waiting for signals in the smaller timeframes.

Tuesday, April 3, 2012

03/04/2012 Waiting for a pullback...

5/20 daily is still positive and rising and the smaller frames are moving above but I wait for a pullback towards the 5 ma daily and lower.