How to use the Fibonacci Time menu item to do Fibonacci time retracements and Fibonacci parallel time projections. You want to watch this video because some of the most effective techniques are not intuitive.
When the gold miners started their 150% run in January you could have known early in the run that something big was up by plotting the ratio of the GDX to GOLD. (See Chart 1). GOLD was also on a good run at the time so you didn’t have to be a genius to figure […]
The British Pound (FXB) got absolutely hammered at Brexit. Has FXB made a bottom, and more importantly, is there a decent long side trade to be had in FXB? The quick answer is yes, yes but with the caveat that there is a very good chance that FXB will test its lows and shakeout the […]
Natural Gas (UNG) has been in a bear market for years. That may be ending with a base-building accumulation phase that has continued for some months. The UNG Market Location chart shows about 7 months of recent data. Although UNG has good technical strength and is looking bullish over this relatively short period it has […]
US Steel (X) may be making a swing low at 20.10. The buy would be triggered with a close above the enveloping Heikin-Ashi. X is only a $20 stock but the ATR is a hefty 1.5 which makes for a good percentage earner. Also, the IV is 58% which allows for financing almost 100% of […]