futuresinsightblog.com » daytrading

Breakout Setups for October 22

Scott Hoffman — Mon, 22 Oct 2007 12:17:14 +0000

Slim pickings after Friday’s nearly across the board volatility: Australian Dollar-already did breakout down Sunday night. December Copper-Again, broke sharply in overnight activity December Gasoline-A strong breakout under the recent 214 low January Soybeans. For more information on how to recognize and trade breakouts,go to the Trade or Fade homepage-see the link on the right, [...]

Breakout Setups for October 19

Scott Hoffman — Fri, 19 Oct 2007 01:52:09 +0000

Markets I’m watching for breakouts: Stock Indices-ESZ7, DJZ7, ERZ7 CDZ7-Canadian Dollar SVZ7 WZ7, KWZ7-Wheat, both Chicago and KC. See the Trade or Fade web site for how to trade breakouts: http://trade-or-fade.danielstrading.com

Price Action in Cotton

Scott Hoffman — Fri, 19 Oct 2007 01:39:54 +0000

December Cotton was a breakout candidate today-yesterday had a narrow trading range, and although it wasn’t an inside day (I like the ID/NR combination as a breakout signal), it was a doji, so I knew to be looking for a breakout trade on Wednesday. The chart below is of the day session only-you don’t have [...]

Breakout Trade Candidates for Today

Scott Hoffman — Thu, 18 Oct 2007 12:02:51 +0000

Here’s the list of futures that should be on your radar today as potential breakout candidates: CDZ7 SFZ7 (already broke out in the overnight Globex session, good example of what a breakout trade looks like) SVZ7 KCZ7 (Coffee, broke under Monday’s swing low of 127.50) CTZ7 LCZ7 CZ7, CH8 WZ7, KWZ7 For more information on [...]

NASDAQ Breakout Trade

Scott Hoffman — Wed, 17 Oct 2007 12:59:28 +0000

The NASDAQ futures are sharply higher in pre-market trade as technology stocks got good news yesterday in the form of good earnings from Intel and Yahoo. Yesterday’s chart pattern for the NASDAQ gave a good “heads up’ to expect this movement. The NASDAQ had a tight trading range yesterday. It was the smallest range of [...]

Updated-Trading the News: FOMC Meeting Minutes

Scott Hoffman — Tue, 09 Oct 2007 16:43:54 +0000

We’ve had no economic news out yet today; the minutes from the September FOMC meeting will be released at 1 PM Chicago time. This will provide an insight into then Fed’s thinking at their last meeting-was that cut a “one and done”, or are they leaning toward more? Traders are obviously hoping for some clarification [...]