A Discussion of Forex Ranges

I get a lot of questions about the bad ranges that we are experiencing in Forex right now and what that means and whether the Forex market is now dead forever because of the regulations that have come about in the last few years, some of which protect consumers, but others cut leverage and do things that some people believe affect the market negatively in terms of range. Let me start by shooting…

Tradesight Market Preview for 12/14/11

The ES reversed sharply intraday after gapping up and then trading above yesterday’s high. Price settled right at the key 1220 area discussed in the prior report. The current setup favors that the 1200 gap is likely to fill. NQ futures were lower by 23 which, at least temporarily, puts price below the 50 and 200dmas. 2250 is a key gap window and doesn’t “fill” until the 2225 area. Multi sector…

Tradesight Market Preview for 12/14/11

The ES reversed sharply intraday after gapping up and then trading above yesterday’s high. Price settled right at the key 1220 area discussed in the prior report. The current setup favors that the 1200 gap is likely to fill. NQ futures were lower by 23 which, at least temporarily, puts price below the 50 and 200dmas. 2250 is a key gap window and doesn’t “fill” until the 2225 area. Multi sector…

Tradesight Market Preview for 8/18/11

Stock Report Date 08/18/2011 Previous Day Next Day  Skip To / /  | View in Print Format Other reports for this day   Report Results Expand All / Collapse All   Market Action and Futures Trading with Tradesight Levels from Prior Session ES with Tradesight Levels: NQ with Tradesight Levels: ZN (10-year Treasury Note) with Tradesight Levels: ES with Tradesight Market Directional…

Identifying New Ideas in a Weak Tape

The rally off the September 1st follow through day in the market has been nothing short of relentless , and in recent weeks, the market has come under significant distribution (Institutional Selling) exacerbated by headlines of Middle East unrest. While the short and long term fate of the rally may still be unknown, when the market comes under pressure, it can be a great opportunity to…

2007 End of Year Recap of All Markets…

Every year, it comes down to this. Let's have a look back at the market, analyze what happened, talk about how trading was throughout the year, and discuss the macro-economic ramifications of it all on the markets. It's never a short report, so buckle up, maybe print it out, and let's get to work. We will cover all markets here, but the main report of Tradesight remains the stock market, and from…