HCPG Blog

Note how previous resistance of ATR (Average True Range) of Euro Futures ( $ 6E_F )  has now become support –  wild moves really are the “n...

Picture says it all — click to enlargen  $ 6E_F Euro Futures

We’re all about looking for a tradable spot for reversion to mean trades, and then waiting for it to hit.    Sometimes it hits, sometimes ...

Yen intervention causing lots of fun and games in the overnight session — here are some levels we have on our radar: Let’s start with gol...

Looking through charts this weekend really brought home the new “correlation 1″ meme constantly written about these days in the finacial b...

Silver ( $SI_F ) looking like it wants higher as it’s poking out of its range — has room to the 200SMA. Gold ( $GC_F ) reversed at 1705 r...

Our resistance short spot was taken out in the overnight session. Our $ SPY 123.5 short roughly corresponded to ES_F 1230-1233 zone which ...

Very bullish close for the market as it easily closed over 122 resistance on the $ SPY .   Next up is 123.5 which also coincides with 100SMA...

We’re realizing, through comments left on our previous post, that there are readers of our posts who do not know our time-frame.   We are ...

We can’t remember a time where levels worked so well –  anecdotally speaking — it seems to us that market just keeps getting more technica...

V type markets can be tough as they don’t let the “wrong side” traders out to breathe — when we went down the poor longs couldn’t get out ...

We always regret not calling ourselves “Base Trading Group — BTG” instead of HCPG.   Everything in our strategy circles around how we trad...

We're short-term traders and probably a good 50-60% of the people we follow in our stream also share the same time-frame.      It's...

We’re trading shy thanks to the amount of confusing information that we are seeing.  The most confusing of all is why the hell are we still...

he Euro-tarp rumor came out on Saturday and commodities were thrashed Sunday night before they bottomed.  We don’t think the rally has any...

The market has held the August lows admirably, while  commodities all broke down through August lows, and today hammered from incredible o...

It's hard to get an edge on this market as computers trade to each other from one rumor to another but there are a few positives we'...

The market rallying while silver and copper get raped makes no sense to us — we see it as Friday version of musical chairs. The bulls are ...

We’ve been writing about the divergence between the Russell and the Nasdaq for a while now but wanted to put out a few figures out there: ...

Too long to tweet – what a fantastic quote. “It is not the critic who counts; not the man who points out how the strong man stumbles, or ...

The divergence between tech/consumer discretionary and almost everything else has been a recent theme for a while. When tech started rally...

The constant evolution of a trader comes from the attempt to minimize the distance between what one should do (strategy) and what one actual...

This morning the market reversed at 121 $SPY resistance (and $ES_F 1200). Day is still young and we could base intraday and take out 121...

We’ve written before that this range-bound market seems to only know how to rip up or die down. There’s very little chilling in between....

Listening to the CEO of Societe Generale one can’t help but to feel re-assured that all will be well: And just when you’re lulled into c...

The blue rectangle represents the price range for $ SPY   between Friday August 05 (downgrade didn’t come until that evening but rumors we...

A fantastic squeeze into the close to end the day with a gorgeous green candle.      It’s hard not to get excited by such action, especial...

We bounced in August on the important 61.8% retracement, next support is at the 50% retracement which also happens to be major daily suppor...

In the conclusion of the newsletter this weekend we wrote, “We have been pretty active since this whole correction started but we are steppi...