Week is coming to a close. As expected, tech made its way down the 5 day number-lines and we are seeing alot of increased momentum to the downside...
Good stuff here guys, I'm liking it alot. Seems like as the timeframe contracts these concepts become more and more important. Daytrading is like...
Some interesting insight! I like it :) One thing that has helped me a ton is visualization. At the end of the day I go through my execution and...
Thinkorswim has free prophet charts that have that feature. There are alot of ways to put on that trade, you just have to know what idea you...
I would bet that most intraday program trading is not momentum based and is betting on convergence. High frequency automated basket pairs is...
I don't trade XLV very often buy I've notice it's been one of the weakest sectors on my 5 day number line for a while. Just looked at the daily...
Lol it looks like me, you, and Mav are the last ones left in this thread. King pops in every once in a while! Everybody else moved on to the next...
One thing I've noticed is since I've been doing spread trading exclusively I've been looking at the market from a different lens. It took a while...
Ya there is sound, just not the highest quality.
Here's an interesting video I came across. Legendary trader Charles DiFrancesca talking about Spread Trading!...
Also, one thing to note. Copper has made its first monthly Adown since last year...really bad price action last week. Breaking down from the...
The market as a whole showed weakness going into the end of last week. We came and retested the Monthly A down in the ES and failed. Also went...
Also, even though psychology is so important it is important to note that it will not make someone who doesn't have edge into a profitable trader....
Great post John! This one is definitely going to be saved ;)
I want to talk about a subject that we haven't touched on alot in this thread. Talking about the psychological aspect of trading. Since trading is...
King where you been? Nice move in AAPL this week 644 to the 600 level. You know that the last things to be taken out in a correction are the...
When structuring a trade like this you want to be sure that you have two instruments that are at least semi-correlated. Too much correlation and...
Lots of weakness in the energy space. If we confirm the monthly those would be the place to for some shorts imo. That move in bonds was...
The 56 was a nightmare to take in the first couple months it was put out. No one knew what the hell would be on the thing and the study guides...
The 56 was just instituted about 6 months ago, the firm I was trading at the time required it. I recently moved firms and they require the 7. The...
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