Gold Break to upside Pennant broken.

New Video on Gold check it out….

http://www.kurtosistrading.com/public/20090123_gc/20090123_gc.html

Stick to those stops.

Good Luck

KT

Gold Break to Pennant

Video of the gap trade on US Index Futures….

Check this on out….

http://www.kurtosistrading.com/public/20090120_es_gap/20090120_es_gap.html

stick to those stop

Buy and Hold is dead.

KT

Check Out the channel on the ES…Out of the Wedge and in the Channel

Check out the Chart on the ES in a nice channel

Wow this is a traders dream to see some perfect formations in trading patterns we had that lovely wedge formation and now we are in nice downward channel. So the simple answer to trade this thing is short the rallies as it trades to the upper trend line on the channel and take profit ONLY on the lower trend line of the Channel. I Stress do not look to go long on the sell offs to the lower trend line. Repeat do not go long. We are in an almighty BEAR market.

Today Sell anything above 820, looking for exits around 780 level and always put your stops on. 

Good luck trading and BUY and HOLD is DEAD.

Stick to your stops

KT

Gap Trade on ES High Probability Trade Set up

I appreciate your honesty….the brokers stock picks.

New Videos!! Live Trading ES Futures

Kurtosis Trading live with ES Futures

1. http://www.kurtosistrading.com/public/20090114_ESLive/20090114_ESLive.html

2. http://www.kurtosistrading.com/public/20090114_ESLive_Fib/20090114_ESLive_Fib.html

Stick to your stops.

KT

Short Short Short! that’s the whole story of Equities!

Yes BAC needs capital! Citi needs capital! UNEMPLOYMENT growing! Financials continue to require capital and yes the tax payer will be paying this off for the next decade. Note that Japan is an example . They had a decade of deflation. Just like the USofA will have a prolonged period of deflation.  I will be continuing to look at gold as the asset of choice. Right at this point I am waiting for it to test the lower trend line to the pennant fromation. I will be looking to buy at the 760 level.

Gold Pennant

On the equities I continue to be short as the economy continues to come under economic troubles. Should I use the the D word! look at my ES chart…..

Short ES first target 778! but looking for a test of 2008 lows.

Good luck trading and stick to those stops. Buy and hold is Dead.

KT

Live Trading ES Futures Morning Session

Live Trading ES Futures Fibonacci Setup 14/01/2009