How did everyone do with my inspirational message for 2008? I still think it’s one of the most important things to understand about trading. Maybe do yourself a favor and read it again.
As we move into 2009, I want to put out this message:
You are dancing with the markets, and it is leading.
Some [...]
People are constantly asking me how I set up my screens, so I thought for my last post of the year, I’d share my most recent screens with you. I have two overview screens, and one trading screen.
Overview screen #1:
We have 2 perspectives on ES here. I generally run very few [...]
As many of you know, I love point and figure charts. I thought I’d briefly share one of the basic PnF patterns… the triple top/triple bottom breakout. What’s nice about this pattern is that it’s easy to spot, and you have a profit target that’s somewhat reliable.
Basically, you are looking for at [...]
Here is the link to our latest eotpro webinar.
http://eotpro.acrobat.com/p69113014/
As the year comes to a close, I am really swamped with work I need to finish for some strategy-trading clients, and I am really going to try hard to get an eotpro live set of indicators written for eSignal by early January. Not to mention, all the standard social holiday activity, and the [...]
I love these emails! This is one of the best ones I’ve read in a while, because it shows that this trader is studying combinations of indicators and doing the needed research. For AJ, it’s paying off!
Richard,
I have been playing around in SIM when Every Push is one bar ahead of when G [...]
Today’s my day off… but I wanted to point out to people this 5-minute chart:
We keep one up in the room at all times for reference. Anyway, check out how the big traders started accumulating contracts well ahead of the FOMC policy statement! There was no doubt that the pop would be [...]
On Friday a reader asked for PowerShares QQQ (Nasdaq: QQQQ) in the blog comments. I told him I was travelling, but would show Friday’s Q’s today. So, today, you get the last two days of QQQQ. Let’s see:
Well, Friday it was buy, buy, buy… and how you did would depend on your [...]
Those stocktwits seem to have a one-track mind. I was excited to see a new ticker at the top of their discussion list, because that’s how I pick the stock I feature in a totally unbiased way. For a long time they’ve been sticking with SKF, so I thought FAZ would be a [...]
This is just a quick, totally discretionary, trade at the final seconds of the market today. I think it’s hilarious that, if you look, the market went up to exactly where I thought it would when I set my initial target. I just got antsy because there were only a few seconds left [...]