Weekend Technical Analysis July 4th 2009 – Futures

This was one crazy week in all markets. To recap Monday morning we had ramp job in Crude due to a Short Squeeze. Apparently a “Rouge Trader” was short 9000 QM Futures contracts lol. It was an obvious short squeeze because at the time crude was ripping, currencies were just sitting there with absolutely zero volume and liquidity. Here is what to look forward to next week.

• Weekend Technical Analysis July 4th 2009 – Forex
  04 July 2009 10:04 AM | View Comments

  This was one crazy week in all markets. To recap Monday morning we had ramp job in Crude due to a Short Squeeze. Apparently a “Rouge Trader” was short 9000 QM Futures contracts lol. It was an obvious short squeeze because at the time crude was ripping, currencies were just sitting there [...]

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• Technical Analysis – Futures – July 25
  24 July 2009 5:25 PM | View Comments

  10 year note found some support around the 116 level and rallied sharply topping out at around 118. Luckily was able to catch most of the move. Few days later, the note sold off sharply back into to 116′015 due to the rally in equities. It’s been awhile since treasuries have been this [...]

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• Weekend Technical Analysis – Forex – July 25
  24 July 2009 4:50 PM | View Comments

  Triangles in EUR/USD and GBP/USD are still intact somewhat.  Both are still within the larger Rising Wedges *Yellow dashes.  Every break above 1.4230 was sold into every time though managed to get above 1.4250 (which is a pretty good resistance level) multiple times.  Cable (GBP/USD) is up against stiffer resistance and looks to want to [...]

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• E-Mini S&P Futures Trading – July 21st “Revenge of the Locals”
  26 July 2010 2:25 AM | View Comments

  Trading ES Futures. Fading 1080’s hard, while everyone was waiting for bernanke to say whatever. This is the pre-quel to “Posers, Gurus, Bullshit wannabes”. Probably about half an hour before having to destroy the magician. Did nothing but sell sell sell, cover some to sell more all day.

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• E-mini S&P Futures Trading – December 3rd 2009
  08 December 2009 4:50 AM | View Comments

  Trading ES Futures, short 200 contracts at the top, trading it the way down. This is a pretty lengthy video so I added in the S&P Futures pit squawk from Traders Audio. Most of the action starts from 19:00

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