Thursday, December 27, 2012

As the saying goes, "The trend tends to go further than you think"



Monday, December 24, 2012

Not a peep out of the bears today, on the 'high inventory stocks of cpo...' Bulls looking for a 'reason' why prices are up.



Sunday, December 23, 2012

30 min cpo futures.



Thursday, December 20, 2012

Feb13Mar13 FCPO spread..



Monday, December 17, 2012

15 min fcpo...
Confirmation bias is the phenomenon that a trader's position will cause that trader to focus on news/reasons to support their position's market view. We see it all the time for example those who shorted into the 2% rally in fcpo on Friday, today would focus on anything and everything to corroborate and justify their bearish view.



Sunday, December 16, 2012

On Friday, the shorts were caught with their pants down... Today the longs are being caught with their pants down...



Trend up was advanced on the 5 min timeframe....



Engulfing bullish candle right at 20 ma...



Friday, December 14, 2012

5 min fcpo...



Thursday, December 13, 2012










Wednesday, December 12, 2012

Sideways coiling of the spring...



Tuesday, December 11, 2012



Small afternoon opening gap, the 3rd gap...



Monday, December 10, 2012



Sunday, December 09, 2012

It seems the balance of power are with the longs today...





Friday, December 07, 2012





Thursday, December 06, 2012







Monday, December 03, 2012

Bagged some bears...



Overdone in 5 min timeframe?





5min downtrend...



Sunday, December 02, 2012

On a 5 min uptrend unless the lows are taken out...



Hits the 5 min 100 mov avg...