Recent content by FDate_Trader

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    Energy - COP pent up energy

    Weekly momentum gaining strength along with Daily bullish accumulation looks promising for a BUY. To capitalize, I like to go out to the Apr26 options, grabbing deep ITM 101 calls requiring no more than 1% of cost for time value (Theta). This helps remove the concern about the stock having...
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    British Pound - Look for Weekly Bottom

    Yes, it's early, but I appreciate your response. :)
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    British Pound - Look for Weekly Bottom

    Cycle analysis suggests that this upcoming week (week ending 3/28) will likely produce a weekly swing bottom. For those who may not be familiar with the term 'swing bottom', this refers to a price bar (in this case a 'weekly' time frame price chart) that forms a lower-low in relation to the...
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    Short-term Cycle Top for AUD/USD

    I'm replying to my original post as a matter of update and recap. Yesterday marked the official day for a cycle swing top in the AUD. Today, prices have managed to rise a few additional pips, moving closer to pre-calculated resistance. However, whether it actually hits the next resistance...
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    Short-term Cycle Top for AUD/USD

    Following the cycle pattern of AUD, it appears that this market is due to top Sept 10. Watching prices rise this evening (of Sept 9 in U.S.), AD is coming really close to time/price resistance that stands around .9300. Whether it gets there or not (or higher), I cannot see the top going...
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    Trend lines overrated?....

    The comments made here about trend lines are for the most part valid. Not everyone is going to draw them the same way. However, that's fine. You really do not want everyone doing and seeing the same thing anyway, do you? With practice you will find that the humble trend line can be one of...
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