Thanksgiving Video
Hi all… I had a little time so I made a video:
I really am going to try to make more videos…. especially live trades…
Hi all… I had a little time so I made a video:
I really am going to try to make more videos…. especially live trades…
I got this email today:
“Hey Richard,
Had a dismal morning…, breaking all of my rules. But I came back in the last hour of trading and just concentrated on your Every Push candles, and was able to make up for all of my earlier miscues.
Just wanted to say Thanks.”
Pretty cool!
This trader is of course referring to [...]
At least you probably aren’t from this family:
Happy Thanksgiving, everyone!
I personally love to daytrade the e-minis, and we show off e-mini daytrading in the eotpro.com live room every day. That’s why I have been trying to focus on stocks here at the blog lately: to make sure people understand that our indicators work great on them, too!
As most of you know, I [...]
Can you guess? :-)
We have all been marveling at them in the eotpro.com live room. I don’t know why so many math line implementations are done so poorly, but I really like the concept, and the eotpro implementation that I put together seems to work very well.
This is generally good advice for trading all day… but I especially watch for this in over-excited and news-driven markets. Today there was all kinds of talk swirling around about whether there’d be an auto bailout or not, and so on. Markets were in a big downtrend intraday. Price action was getting [...]
I saw some of the freely available math line indicators last night… and I was disgusted! Mostly, they show daily lines, which is of no use to me.
I guess I didn’t like the implementations on tradestation, either, because we made our own version for eotpro. So, I made a math [...]
Listen to what he says at the end….
“Even with us telling them that the game is rigged, and that there’s no way to win, they’re still going to want to play it. They’ll still try to bet on the game, even if they know it is a con, because they just think they can [...]
In the comments, Todd requested that I feature Energy Conversion Devices, Inc. (Nasdaq: ENER). So, here we go….
Two trades, for two wins. The move at the open was rejected due to volume pressure to the upside… looks like there was some buying pressure on the way down, either bottom pickers or short covering. [...]
Cool… I didn’t realize so many ETFs had moved from AMEX to NYSE. Anyway…. reader Todd requested QLD in the comments. Honestly, I prefer stocks to ETFs because the volume flow is less confusing to track, but here we go:
The simple stock system selects 6 entries, of which 4 were clear winners. [...]