by Thomas Wood | May 23, 2019 | Futures, Trading Tips, Video of the Day |
https://youtu.be/UF8WZmlr3XUCrude Oil Futures (CL) had their largest down day of the year today, and if you are a member of Base Camp Trading, you know we have been bearish Oil since Monday. This video explains the analysis we had that lead to a bearish bias and what...
by Dave Aquino | May 22, 2019 | Video of the Day |
The minutes from the last FOMC meeting were released today at 2PM EDT. The initial move was higher, nearly to the high of the day. But we then began to selloff, to the point that price dropped back to the level just prior to the FOMC release. No major effect in SPX...
by Thomas Wood | May 21, 2019 | Futures, Trading Tips, Video of the Day |
https://youtu.be/fF9hrIdmk2UToday we discuss one of the trades from the Base Camp Trading Futures Live Trading Room. Specifically, we look at a compression breakout that occurred in the S&P Emini (ES) futures contract where we avoided the chop in the market and...
by Dave Aquino | May 21, 2019 | Video of the Day |
Pennants are consolidation patterns that signal the an oncoming directional breakout. It seems if this market (SPX) can move about $2900, we’ll be well positioned for a move higher, potentially to new all-time highs. Recent Related Articles Trading Options Gives...
by Thomas Wood | May 20, 2019 | Help, Indicators, Video of the Day |
https://youtu.be/aDGn8NVloTIToday we discuss how to check the positive or negative correlations of two different markets using the TradeStation platform. You can use correlations to determine potential market bias based on other markets. Recent Related Articles...
by Dave Aquino | May 17, 2019 | Video of the Day |
The Blue chip market, the S&P500 has been consolidating into a pennant patter over the last 2 days according to the hourly chart. It is now poised to break bullishly higher or bearishly lower early next week. Recent Related Articles Trading Options Gives You...