Last Update Of Market for 2012: Brent oil trading /Dax/S&P500
Brent Oil trading Dax and the S&P500 for the New Year.
Hi traders and Happy New Year!
Next year will be very Exiting and will be time to make lots of money on the market.
First Chart is Brent Futures: I’m both there, Long and Short, depending of which direction market will go.
I use Weekly chart for Targets. And my Daily chart are just made, so you can see this Buyers/Sellers fight better.
Second Chart is DAX Futures Weekly: Also, I’m Long and Short. I’m watching for the double top. If it don’t pass, then looking to take my first short target, and little bit lower. And test “green trend Up line” again
Can it close above double top?
Last Chart is my S&P 500 Index Daily: Stay with Long direction after this unsupported price.
Interesting thing: we test MA50 and close above. But Sellers won once again.
Great trades there…and clear direction for me,but it’s the end of the year, and with “Fiscal Cliff” you never know….Politician suppose to fix all this the 27th, but apparently game of they Ego is more important than peoples interests & Investments for them.
!!!Happy New Year all!!!
Brent Oil trading, learn how to trade Brent Oil.
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