A Mind of Their Own

"When you come to a Wedge (sic) in the Road, Take It! - Yogi Berra 

3M, Daily - Apr. 17 - Rising Wedge with progressive compression of the upper range.  The odds would suggest that it would break to the downside.  Early morning action could prove pivotal to the next market move.
10 D, Hourly - Apr. 17 - Hourly chart shows market at upper limits of wedge in a rising channel.  Gold Spot indicates possible pull back target near the 20 D, MA line.  Take note of the MACD and CCI indicators.  Both are Bullish but with a very slight tilt to the downside suggesting a weakness in momentum.  Weekends, however, do have a way of changing sentiment.

"Little Engines Go Up & Go Down"

"Are We Over the Hill?"

2D, 10m. - Apr. 17 - While coming up against resistance the market shows a lot of strength.  The Trend continues to be Bullish but the market is very overbought.  Long positions should be taken with caution.
20D, Hourly - Apr. 17 - "The Bull Potato Carries the Day."  This is a victory for the week but will it carry on into next week?

3M, Daily - Apr. 17 - The Daily remains Bullish but there is Resistance ahead.  A pull back would not be unexpected.  A Gold Spot highlights a possibility.

Smiling Tiger Setups that Work!

"I am excited!  The Sleeping Tiger Strategy is Fantastic.  Check it Out."

3M, Daily- Apr. 16th. - The Tiger works on long term trades.  8/13 Crossover provides a nice move to the upside.  Great Potato Move!
10D, Hourly - Apr. 16 - "Tiger Breakout" on Hourly.  This play works on all time frames.  Look for the pull back into the Devil's Den.  Then watch closely for the breakout.  Execute when the 8 crosses the 13 assuming all other parameters are in sync.
10D, 60m. - Apr. 16 - 2 Tiger Breakouts in the same session.  Watch the Devil's Den for breakouts.  Line up  all indicators and you are on your way.

For more information on Sleeping Tiger setups click on the Sleeping Tiger picture in the sidebar for Toni Turner's explanation and instruction.  You must be registered on the Money Show and Sign In to view the videos.

Punching On Resistance!

"Where O'Where Do We Go From Here?"

2D, 10m. - Apr. 15 - Mostly a sideway day but with a Sneak Attack in the last hour.  Important points are the MACD levels as associated with Price Action.  It is important to coordinate the two in entering trade positions.
10D, 30m. - Apr. 15 - The Tray remains Tipsy but the finish it strong.  Tomorrow will be interesting.
3M, Daily - Apr. 15 - Bullish Channel but the latest Candle is right at Support.  Will it hold or will it break?  The Trend is Up and the Trend is Your Friend.  Pay attention to important ideas.

"May You Be Served"

"At Your Service.  The Buffet is Set and Ready.  The Tray is on a Tilt!"

2D, 15m. - Apr. 14 - Important points here are that price action was below the 20 Day Moving Average which most traders consider as the "Holy Grail."  In fact many use the 20 Day Moving Average as a line to play their trade off of.  In other words, just dance along the top of or just below the 20 Day.  That is for some a "simple strategy" to follow.
10D, Hourly - Apr. 14 - "The Tray is Tilted."  Within the intermediate term bullish trend there is this shorter term tilt to the downside that can be seen in the above chart.  This could result in a continued downward movement on Wednesday and could be followed by a "Bounce."
3M, Daily - Apr. 14 - Daily Bullish Trend continues but is running into Resistance at the 88 level.  There are multiple gaps within the Trend which are symptomatic of the volatility in this market.  The Trend is Bullish and the MACD is Black which is Bullish.  The CCI is above the Zero line which is Bullish.  Having said this we know that the market is fickle and will do what it wants.

The Sleeping Tiger Leaps Into Action on Que!

"As if a Bull is not enough to worry about.  Now they have come up with a Tiger."

1D, 5m. - Apr. 13 - The Sleeping Tiger hit on on cylinders for a perfect play.  The chart tells the story.  This was an actual trade that took place today.  Toni Turner explains this strategy on the Money Show.  He tutorial can be reviewed by clicking on the Sleeping Tiger in the sidebar.
20D, 2 Hour - Apr. 13 - The 20 Day channel remains bullish.  There has been considerable volatility along the way.  The MACD and CCI are well into positive territory and indicate an overbought condition for the moment.  This could result in a pull back which may only be temporary.
3M, Daily - Apr. 13 - The Bullish move has taken closer to Resistance at the 88 level.  There are numerous gaps that cry to be filled.  Continued volatility can be expected.  All indicators are Bullish for the short term.  Long term the trend is still Bearish.

Catch Me if You Can!

"Now that Easter is over, I am on the Run.  Catch me if you can." - Market Bunny

Sleeping Tiger, Hawk, Coyote Setups for Profit

Trading Videos from The Money Show

Education at Your Fingertips

"Upside Explosion after Two Days of Loading Up."

"The Bull Roars Ahead on Wall Street" 

2D, 10m. - Apr. 9 - A large Gap Up was followed by a narrow range advance.  This continues a 20 Day trend to the upside.  In Potato Trading the idea is to stay on the outer skin of the Potato while avoiding the Devil's Den (within the potato's body).  The Devil's Den is the "battleground" between Bulls and Bears and is noted for volatility and reversals.
10D, 30m. - Apr. 9 - The last ten or so days have been difficult to trade due to inconsistent market movements.  There has been a lot of "porpoise" like activity with frequent ups and downs among the potatoes.  The overall trend has been up but there have been multiple retreats and advances.
3M. Daily - Apr. 9 - Longer term the trend has been and continues Bullish.  All action is above the 10D MA.  MACD is Black.