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Short Term Trade Advisory

Trade Strategies Updated Each Night – Email Alerts During Trading Hours

Our short term trade strategies and recommendations are for trades that typically last from a few hours to a few days for the S&P, Euro, Gold and 10-year note futures.  As a new subscriber, you will be provided with access to our guide to short term trading as well as an archive of closed short term trades.

Each evening the web site is updated with new weekly, daily and 60 minute charts of the four markets we follow for short term trading.  In addition, we analyze the momentum position of each market, its pattern position, key harmonic price levels and Fibonacci time projections. Finally, we project a short term trend and offer a low risk trade strategy.  Below you will find a typical trading update produced after the market has closed:


Trade Strategies Updated Each Night – Email Alerts During Trading Hours

Our short term trade strategies and recommendations are for trades that typically last from a few hours to a few days for the S&P, Euro, Gold and 10-year note futures.

Euro strategies may be used in the large electronic contract (6E) the mini electronic contract (E7) or the actual forex market. The advantage in trading the actual forex market is selecting the exact position (in dollars) size you wish to allocate to the strategy.
 

For Trading on Jan. 3rd

Unless otherwise specified, all remarks refer to the 60 minute chart

S&P 500 Emini
Weekly chart Daily chart 60 minute chart 15 minute chart

Current Position: Flat
Momentum (60 minute all session) - [34dt]:Bearish
Momentum: (Daily)  - [8dt]: Bullish
Momentum (Weekly) - [8dt]: Hooking up
Intermediate Term (IT) Trend: Bullish
Trend Reversal Occurs Below:
1754
Pattern Position: A 5 wave pattern may be complete.
Price: Resistance is 1842. Support is 1817.
Anticipated Short Term Trend (60 minute momentum): Sideways to down for a few hours.
General Short Term (ST) trade strategy: See 60 minute chart.

Euro Futures
Weekly chart Daily chart 60 minute chart

Current Position: Flat
Momentum (60 minute) - [34dt]: Bullish
Momentum (Daily)  - [8dt]: Bearish
Momentum (Weekly)  - [8dt]: Bearish
Intermediate Term (IT) Trend: Bullish
Trend Reversal Occurs Below:
1.3528
Pattern Position: A minor W.3 may be complete on the 60 minute.
Price: Support is 1.3629. Resistance is 1.3701
Anticipated Short Term Trend (60 minute momentum): Sideways to up for a few more hours.
General Short Term (ST) trade strategy: See 60 minute chart.

10 Year Note
Weekly chart Daily chart 60 minute chart

Current Position: Flat
Momentum (60 minute) - [34dt]: Bullish
Momentum (Daily) - [8dt]: Bullish
Momentum (Weekly) - [8dt]: Bearish OS
Intermediate Term (IT) Trend: Bearish
Trend Reversal Occurs Above:
125'035
Pattern Position: A daily W.C may be complete.
Price: Resistance is 123'090. Support is 123'010.
Anticipated Short Term Trend (60 minute momentum): Sideways to up.
General Short Term (ST) trade strategy: See 60 minute chart.

Gold Futures Weekly chart Daily chart 60 minute chart

Current Position: Flat
Momentum (60 minute) - [34dt]: Bearish OS
Momentum (Daily) - [8dt]: Bearish
Momentum (Weekly) - [8dt]: Bullish
Intermediate Term (IT) Trend: Bearish
Trend Reversal Occurs Above:
1266.70
Pattern Position: A daily W.5:3 appears in progress on the 60 minute.
Price: Resistance is 1236. Support is 1209.
Anticipated Short Term Trend (60 minute momentum): Sideways to down for a few more hours.
General Short Term (ST) trade strategy: See 60 minute chart.

Trading futures is risky. Past performance is no guarantee of future performance. Trade at your own risk.
This information is supplied for paid subscribers and may not be copied or distributed in any manner.

Subscribe to Harmonic Edge's Short Term Trade Advisory Service


Email Alerts - Specific Trade Recommendations

In addition, subscribers received a minimum of two updates during the trading day via email. Typically one in the morning and one in the evening. Here is a sample email alert:

Reason for Trade: A 5 wave pattern appears complete.
Trade Entry and Initial Stop: Short on a bearish reversal
and trade below a minor pivot (109’140) or retracement entry
.
Stop: 109’245
Initial Profit Target: 109’070 and 109’015



All specific trade recommendations are followed up until the trade is closed out. Trade recommendations include specific trade entry points, stops, retracement entries and profit targets.  Below are examples of closed trades:

Closed 10 Year Note Trade

http://harmonicedge.com/STtrades/11-1-13zn60.gif

Closed Euro Trade

http://harmonicedge.com/STtrades/12-27-13ec60.gif

Closed ES Trade

http://harmonicedge.com/STtrades/8-1-13es60.gif

Closed Gold Trade

http://harmonicedge.com/STtrades/8-28-13gold.gif



Day Trading

Day trading is beyond the scope of what we can cover in our advisory service. However, there are typically several trade setups each week that are too small to be considered for ST (Short Term) trades. In these cases, we will typically make a day trading recommendation as shown in this example:



Additionally, we will demonstrate effective day trading techniques using abc corrections on the 5 minute chart (or AB=CD pattern) for those who are interested in learning how this is done.

Bonus Medium to Long Term Trade Setups

Included with your subscription to the Short Term Trading advisory is a weekend update which covers the following markets in either the daily or weekly time frame - whichever is more relevant at the moment: Bonds, British Pound, Japanese Yen, Corn, Live Cattle, Soybeans, Wheat, Crude Oil, Heating Oil, Gold, Silver and the XAU. Additionally, at least once a week you will also receive an email with our bonus stock trade setups and analysis.

Free
Bonuses
Day Trading
Stock Trades




Trading futures is risky. Past performance is no guarantee of future performance. Trade at your own risk.

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