As you may have noticed, daily reports are now posted on the ForeTrade Blog, mostly using (2H+) time frames. When market action warrants it, (2H-) updates are now also provided on Twitter.
The main web site is being rebuilt exclusively around this trading technique (TradeStation) and will be online later this month. For the time being our technical blog is the best source of information on our TradeStation tool set.
Friday, September 10, 2010
Thursday, September 09, 2010
Wednesday, September 08, 2010
Tuesday, September 07, 2010
Saturday, September 04, 2010
Friday, September 03, 2010
Thursday, September 02, 2010
Wednesday, September 01, 2010
Monday, August 30, 2010
Issues with TS 8.8 and 9.0 Beta
I have reluctantly belatedly moved to 8.8 and 9.0 Beta.
There are however memory issues preventing DLL memory to flush properly when TS closes down.
Please keep running 8.7 if possible, while I look into a workaround.
Wednesday, July 14, 2010
Daily Chart Outlook (July 14th)
We here notice a Fib configuration with a deep retracement (>100%), where the 2nd expansion level coincides with a trendline breakout.
We do also take into consideration a very early MTFS crossover above oversold territory, which is a configuration generally conducive to failed recoveries. The trendline (lower highs) has now been hit, leading to a narrowing of the range and eventually a breakout.
At this point in time, we would favour another minor retracement even though buying pressure is still high on lower time frames. We can therefore anticipate continuation of this difficult environment at least until the underlying longer term selling pressure dissipates over the next few weeks.
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