Today we break down the importance of using value in your trading for filtering bad trades and for profit targets. We specifically discuss how we used the MQ ValueBars(R) indicator to determine when to exit a short trade from a breakout in the Dow futures market (YM)...
SPX has been bouncing between resistance at 2655 and support at 2620 over the past two trading days. If we manage to break higher, the next upside resistance is 2673, and then up towards 2700. If we break lower through support, the next downside support is 2600, and...
Today’s video discusses breakout trades that occurred in the Nasdaq (NQ) and S&P (ES) futures markets from the Futures Live Trading Room this morning. These breakout trades were based on well defined support and resistance levels taken from the 30 minute...
Today we follow up on the Gold Futures (GC) trade setup that we outlined a few days ago using the 240min price chart to identify a pennant pattern. The initial targets have been hit today for 1/2 profit and we are now looking for a continuation through the pivot lows...
Today we discuss the current setups developing in the Soybean futures market. This is a breakout we have been watching in the Base Camp Trading membership for the past several weeks and it has now turned into a pennant pattern on the daily price charts. Recent Related...