Comments on: Swing Trade Ideas & Market Analysis 9-25-19

By: Dean Drummond

Dean Drummond — Fri, 25 Oct 2019 19:33:09 +0000

In reply to Lacro33e.

TOS is still showing the Nov /NG contract as the continuous contract. Interactive Brokers (the chart I’m using) is showing the Dec contract as the continuous contract since /NG started to roll to the next contract yesterday: https://ninjatrader.com/blog/trade-desk-calendar/

By: Lacro33e

Lacro33e — Fri, 25 Oct 2019 19:16:51 +0000

@rsotc Why does the TOS chart not show /NG anywhere near 2.46 level Randy talks about on his chart today. TOS doesn't show that level for two months. Can anyone hazard a guess what I might be doing wrong?

By: Dean Drummond

Dean Drummond — Fri, 25 Oct 2019 18:30:25 +0000

In reply to hotrodricky. Possibly, I have been on monitoring the development of potential bull flags on /ES & /NQ that show well on the 5-15 minute charts. On watch for an impulsive breakout above those patterns if they hold form.

By: hotrodricky

hotrodricky — Fri, 25 Oct 2019 18:03:04 +0000

Bull flag 60m ES?

By: Dean Drummond

Dean Drummond — Fri, 25 Oct 2019 17:26:28 +0000

In reply to michaelbt2. Thx for sharing the chart/target & congrats on the trade so far. MNK looking good as are quite of few of the other stocks I covered in the Generic & Specialty Drug Manufacturers video. MNTA is one of those, poised to run on a solid break above 15, which it trading just a hair above right now.

By: Dean Drummond

Dean Drummond — Fri, 25 Oct 2019 17:14:13 +0000

FYI- I had stated shorting palladium after closing the /SI silver long position earlier today in the video while I meant to say platinum, which is the chart (/PL) that I was covering while I discussed it. Sorry for the confusion.

By: michaelbt2

michaelbt2 — Fri, 25 Oct 2019 16:54:04 +0000

MNK still has about 14% more to go to T1 (my target just underneath your target). I scaled our, now holding a much smaller position. https://www.tradingview.com/x/NP4X9qXk/