Trade Pilot Pro Trade Strategy 7.24.13: Slow Grind Higher
July 24, 2013 David Dube Price has consolidated sideways for two days following new marginal high last week. This action is a “slow grind” for traders…Support structure remains intact, so path of...
View ArticleKnocking on 1700 $ES_F, anyone home?
Today’s Economic News: Not such happy news today for Asia and China and Japan closed down about 0.5%. It is a different story in Europe and the markets there are up a percent. You can see the...
View ArticleRedLion Trader: Testing for the bull now. Watch $ES_F 1680 on the upside and...
Today’s Economic News: Mixed messages out of Europe today, mostly good though. In the USA, look for the durable good and initial jobless claims to set the market mood. Can we ever break 300K on those...
View ArticleTesting for the bull now. Watch $ES_F 1680 on the upside and 1666 for...
Today’s Economic News: Mixed messages out of Europe today, mostly good though. In the USA, look for the durable good and initial jobless claims to set the market mood. Can we ever break 300K on those...
View ArticleFriday’s close will tell a story, last 3 days had sells, but you couldn’t...
Today’s Economic News: Yeah! Inflation in Japan.. all green there. Didn’t show up on the import prices to Germany though. Today in the USA watch how Michigan thinks.. won’t they be a bit depressed...
View ArticleLooking toward if {$es_f 1690} else { 1666 }
Today’s Economic News: Numbers out of the UK were very good. Even the red numbers were good! Not much happening in the USA today. Quote of the Day:Hit any user to continue.–Fuzzel Fish Administration...
View ArticleTrade Pilot Pro Trade Strategy 7.30.13 “To Taper or Not to Taper: That Is the...
July 30, 2013 David Dube Trade continues quiet and rangebound as the Fed begins its two-day meeting. Investors/traders await further clarification on Fed’s intents to begin its QE tapering process…Last...
View ArticleHow long will this Bermuda High stick around? $ES_F 1693 x 1666
Today’s Economic News: Not sure why we are not getting the Europe news here. Ok data out of Japan and looking to see if we can keep the housing pressure up. Quote of the Day:Comedy is tragedy plus...
View ArticleWherever today goes, tomorrow will surely follow, maybe… $ES_F 1693 x 1666
Today’s Economic News: Japan news was OK, Europe news today was also OK. Tons of news in the US so watch for the Fed at 2pm ET and before that the Chicago PMI that sneaks out at 9:42am and then the...
View ArticleTrade Pilot Pro trade strategy 8.01.13: Bracketed market
August 1, 2013 David Dube Fed released their policy statement and S&P reacted with no fewer than three 10-handle plus moves down, up and down within the session. Buying dips and selling rips at...
View ArticleRedLion Trader: Strong PMIs out globally today, but is the party over? $ES_F...
Today’s Economic News: Look at those PMIs from around the globe. There is suspicion about the China numbers as the independent HSBC PMI continues to diverge from the “official” Chinese government...
View ArticleStrong PMIs out globally today, but is the party over? $ES_F 1700 x 1666
Today’s Economic News: Look at those PMIs from around the globe. There is suspicion about the China numbers as the independent HSBC PMI continues to diverge from the “official” Chinese government...
View ArticleRedLion Trader: Jobs and a weekend … everyone getting high $ES_F 1706 x 1691
Today’s Economic News: Nice construction PMI number out of the UK today. Looking for the jobs number in the USA to keep the party going. Quote of the Day: The secret pleasure of a generous act Is the...
View ArticleHere is the rainbow, where are the unicorns? $ES_F 1706×1691
We had a really great rainbow at home yesterday and I tried to capture it using panorama. A sense of the intensity is missing, maybe I can process it but I have not seen such an bright rainbow in a...
View ArticleRedLion Trader: You take my breadth away … $ES_F 1708 x 1694
Today’s Economic News: Go little island nation! Nice numbers up for the day in the UK and not too shabby out of the Deutschland either… Alles ist gut. One number out of Japan is not so nice. In the...
View ArticleTrade Pilot Pro Trade Strategy 8.06.13: Summertime Slowdown
August 6, 2013 David Dube Price continues to trade in a relatively narrow range with continued low volumes and volatility. There is historical evidence that summertime is particularly slow, so just...
View ArticleIn the NH/NL Bounce zone level1.. the lugs nuts are off too! $ES_F 1694 x 1680
Today’s Economic News: Not much out of Eurozone but the German Industrial number showed a nice bounce. Quote of the Day:Reason often makes mistakes, but conscience never does.–Josh Billings Featured...
View ArticleRedLion Trader: In the NH/NL Bounce zone level … the lug nuts are off too!...
Today’s Economic News: Not much out of Eurozone but the German industrial number showed a nice bounce. Quote of the Day: Reason often makes mistakes, but conscience never does. –Josh Billings Featured...
View ArticleTrade Pilot Pro trade strategy 8.07.13 “Short-Term Top”
August 7, 2013 David Dube This past Friday (8.2.13) marked a key Gann Square-of-Nine (SQ9) “Turn Date” completing a full 360 degree cycle. For those Gann “followers” out there, this is a significant...
View ArticleRedLion Trader: Ain’t no sunshine when breadth’s gone… Fat-Lady gone neutral...
Today’s Economic News: Decent numbers overnight, some mixed, but nothing to be pessimistic about. Germany continues to look stronger. In the US, initial jobless claims of course and chain store...
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