by Thomas Wood | Feb 15, 2019 | Futures, Trading Tips, Video of the Day |
Today we revisit the Gold (GC) futures pennant from a few days ago and discuss how the members at Base Camp Trading were able to profit on both the false breakouts, and the final rally using technical analysis of price action. Recent Related Articles Trading in A...
by Thomas Wood | Feb 14, 2019 | Futures, Trade Setups, Video of the Day |
Today we are discussing a trade from the futures live trading room this morning. We went short the S&P emini (ES) futures on what is called a Trend Reversal Breakout. In addition to the price action setup, we also had confirming bearish momentum from both the 30...
by Thomas Wood | Feb 12, 2019 | Futures, Trade Setups, Trading Tips, Video of the Day |
Today’s video discusses the outlook for Gold (GC) futures. We are currently trading inside a narrowing range on the 240min price chart, which makes up a pennant pattern. Trend is up overall on daily and weekly price charts, but shorter term we are compressing....
by Thomas Wood | Feb 8, 2019 | Futures, Trade Setups, Video of the Day |
Today we take a look at the Corn (ZC) futures market and discuss the compression that has been going on over the past several months. We are watching a daily pennant pattern and looking for a breakout sometime in the next couple weeks. Recent Related Articles Trading...
by Thomas Wood | Feb 7, 2019 | Futures, Trading Tips, Video of the Day |
Today we discuss a trade from the futures live trading room where we shorted Crude Oil (CL) Futures on a compression breakout using Renko price charts. We also used the MQ Momentum Trender Pro indicator to confirm the breakout. Don’t forget, the Base Camp...
by Thomas Wood | Feb 6, 2019 | Futures, Trading Tips, Video of the Day |
Today we discuss a trade setup in the Nasdaq (NQ) futures from the futures live trading room this morning. It is what we call a run on the stops and it occurs when there is a break of a resistance level, then the market immediately turns and closes in the opposite...
