Easy Futures Investing
Your guide to futures trading, the easy way.
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Afternoon,

The market continues to begin the process of switching from down to up. This give us opportunity. The market trended again today. The first trade of the day occurred after a trend line break to the upside followed by a trader’s trick set-up above the 56 EMA. The time was 11:15 am CST with a long  entry of 731.80. Here is the chart for trade 1.

Trade 1

Click on chart to enlarge.

august-27-08.jpg

The market traded up and down and finally had another trader’s trick set-up after a trend line break to the downside below the 56 EMA. The time was 14:12 pm CST with a short entry of 732.40. Here is the chart for trade 2.

Trade 2

Click on chart to enlarge.

august-27-08-trade-2.jpg

Again, the market is finally returning to more normal trading patterns. Looking forward to a great fall at the fishing pond.

Best regards,

Ron

This is not a solicitation to buy or sell. 
There is a risk in any investment

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