Matthew Kratter did a great job in this book explaining a simple strategy for when to buy the dip in your favorite stock. His strategy uses specific settings with Bollinger’s Bands to give you the best risk/reward ratio for your entry. He covers the bases on specific entry signals, position size, your stop loss […]
Rubber Band Stocks: A Simple Strategy for Trading Stocks Read More »
Follow people that add value to your tweet stream. Look for the sharing of information that you find useful. Follow a variety of traders, ones that are like you and also those that stretch you to question what you think you know and challenge you to grow as a trader. Look to follow and support the people
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Bullish 66.59 RSI. Not much room to run without consolidation first. 70 RSI tends to be resistance in stock index ETFs. Price is bullish and over all key moving averages. 10 day EMA, 50 day SMA, and the 200 day SMA. The 200 day has gone flat and the 50 day SMA has started to
Bulls Hanging in There: $QQQ Chart 3/22/16 Read More »
$IBB double bottom with positive divergences pic.twitter.com/OWSJSE6qhU — stt2318 (@stt2318) March 21, 2016 Great chart from @JKrinskyMKM https://t.co/sDhtUBYago pic.twitter.com/vLw95yYOHI — Downtown Josh Brown (@ReformedBroker) March 21, 2016 $BAC appears to be putting in an INVERSE H&S pattern … worth watching this one pic.twitter.com/M6DwmREDQu — traderstewie (@traderstewie) March 20, 2016 $TRAN bullish trend pic.twitter.com/6erwSVuAvs — BullishChartPatterns
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MACD Bullish Slow Stochastics Bullish Declining ATR Bullish Price over the 200 day SMA is Bullish for the long term trend. Price over the 10 day EMA is Bullish on the short term chart. However price is extended over 1 ATR above the 10 day. We could see a pullback to the 10 day EMA this
Tired Bulls: $SPY Chart 3/20/16 Read More »
Study: “When the market is > its Moving Average, stocks tend to have higher average daily performance & longer streaks of + returns.” The Ultimate Psychological Account Killer How to trade triangles – a step by step guide Risk and R-Multiples The “NO BS” Guide to Price Action Trading
5 Great Trading Articles: 3/19/16 Read More »
SPOTTED: Bears pic.twitter.com/C3huhjzl9S — Northy (@NorthmanTrader) March 18, 2016 When looking to short into major resistance average in and look to short the majority of your position with the momentum on the way down. — Assad Tannous (@AsennaWealth) March 18, 2016 Everyone that tries to pick what the Fed will do should keep in mind
Top Trading Tweets: Week 3/18/16 Read More »
This is a guest post from Raj Patel, @LucidTrend. You can see more of his work at www.Lucid-Trend.com What is the value of a weather report? We watch weather reports for two reasons: First, we can plan ahead and use our time wisely. You don’t want to plan a trip to the beach if there
Set Your Sails to Catch the Wind Read More »
Here are ten good trades a trader can make concerning psychology, risk management, and methodology. We must turn bad behaviors into good behaviors to turn a profit. Trade big losses for small losses through positions sizing and stop losses. Trade small wins for big wins through trailing stops and letting winners run. Trade predictions for price
10 Great Trading Principles Read More »
“The Holy Grail is not what you would expect it to be. It is something that is different for each person. It’s a hidden secret you have to discover for yourself but it is obvious once it is realized.”- David Mobley, Sr. Most new traders go on a quest for “The Holy Grail” of trading.
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We finally see volume coming in on Thursday and Friday as the market moves higher, this is bullish. Bullish Slow Stochastics Crossover. Bullish to have a declining ATR. Bullish MACD. Bullish to be over the 10 day EMA, but price needs to consolidate here as price is extended from the 10-day EMA. Bullish $SPY breakout
Bulls Won: $SPY Chart 3/13/2016 Read More »
How To Improve Your Performance Analysis To Immediately Become A Better Trader Trading With Your Brain–And Your Gut @Trader_Dante Trading Education Introduction Damn Ramp, Back At It Again
Top Trading Articles 3/12/16 Read More »
Two things define you as a trader. Your patience when the market isn't giving and your attitude when it is. — Assad Tannous (@AsennaWealth) March 10, 2016 Patience is the most under utilised tool in trading. It's my biggest edge. I'd rather be patient and miss a trade than be impatient & rash. — Assad
Top Trading Tweets of the Week: 3/11/16 Read More »
Here are 5 basic technical indicators to get you started in trading price action instead of anyone’s opinions or predictions. Moving averages tell you the trend in your time frame based on what side price is on in relation to the moving average, price above the moving average can be bullish while prices below it
5 Technical Trading Tools Read More »
Here are 7 of the most popular charting websites online. These sites are where you will find the best software and charting packages online. Find the one that you like the best and is the easiest to use so you can spend your time and effort in studying historical chart patterns. StockCharts.com TradingView.com Finviz.com MarketSmith.com FreeStockCharts.com
7 Of the Best Charting Websites Read More »
One trade is meaningless outside a trading system. A trading system can not be implemented without a trading plan. Entries are just the beginning; the exit is what determines if a trade is profitable or not. Here is the structure all traders need for long term success: We have to create a trading system that
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Bulls had control last week driving stocks higher day after day with little intra-day weakness. The bullish double bottom played out as the rally took the $SPY back to the 200 day SMA. The 200 day SMA is the current resistance level. A close over the 200 day will finally put the bulls in control and cause trend
10 Fast $SPY Chart Facts 3/6/16 Read More »
Creating a Mathematical Edgehttps://t.co/Ip3PAfqdmo#trading #tradingstrategy — The Chartist (@thechartist) March 5, 2016 Excellent article on grading trades to help focus on the process @BreakingOutBad https://t.co/RHHu86JENX pic.twitter.com/VHvCLXE2qn — adey (@adeyf69) March 5, 2016 Most traders have a potentially profitable system but then lose money because they want to make it perfect https://t.co/R5ykvRtcLi — Tradeciety (@Tradeciety) March
My Favorite Trading Articles: 3/5/16 Read More »
Shorts pic.twitter.com/Sx0qov0Xph — 3:30 Ramp Capital™♿️ (@RampCapitalLLC) March 1, 2016 @Mella_TA @SJosephBurns Bears will soon appear as we are at or near resistance on almost all major indices pic.twitter.com/h7wpjUU4j6 — AIM Buster (@AIM_Buster) March 3, 2016 Since folks are now bullish again let me at least suggest that there is risk that the lows for
Top Trading Tweets of the Week: 3/4/16 Read More »
Signals help traders filter out their opinions and focus on price action. These tools help capture trends in your own time frame. The 200 day SMA measures the long term trend. Price above long term bullish, prices below signal long term bearish. The 10 day EMA measures the short term trend. Price above short term bullish, prices below signal short term
6 Technical Indicator Signals Basics Read More »