There is a lot of debate as to whether the market is random or not. I started this on a new thread so it doesn't get buried in the old one. The...
It's not my intention to criticize people who trade patterns, just to share my experience with you why <b>I</p> personally will not. This chart...
The futures market chops more than they trend. If you want to trade this market you have to be able to trade both conditions. Last week someone...
If you are not serious about this post please do not PM me or waste your/my time responding. Quick Background: I trade futures (the ES)...
Every once in a while you get a day when every single breakout you come across works. Those days are very rare. When you put on a trade you...
Real quick...1490 resistance on SPX -- that was the rationale for the trigger. Upside potential was massive based on another chart (not pictured)...
http://www.youtube.com/watch?v=SJ_qK4g6ntM
Price puts in a hard bottom at 1466.50. Note the shifting support lines, indicating a change in bias. Price reacts upwards and corrects back to...
A break of a downtrending support line is bullish. If we go below 1394 I see it as bullish, unless it is driven by another crisis. News trumps...
Today is a perfect example to see why most traders lose money. As price is falling traders are crapping themselves to get out....just get me out!...
Let's get this out of the way ahead of time: To all those who wish to bash and rant please feel free. This post is intended to help anyone who...
I took a market analysis statistics class a couple of years ago (very interesting class but hard as nails) and the conclusion we came to at the...
Can anyone recommend a commodity contract that has enough liquidity to day trade actively. I currently trade the Index Futures and I'd like to...
The best trading advice I ever heard was, "Take Profits Relentlessly!"
Separate names with a comma.