This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. The Elliott Waves Theory consists of different cycles of various degrees that complement each other and defines the way a currency pair moves. While Elliott based the original theory on the way the stock […]
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Ed Seykota is a legend in the trading world. His ability to produce consistent returns for decades, and his masterful growth of his client’s accounts has earned him a place of distinction. But who inspired this Market Wizard’s trading methods? Richard Donchian Richard Donchian didn’t begin his successful trend following system until the age of
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$SPY stays in an up trend with price over all moving averages. The MACD is under a bearish cross due to all this sideways action for weeks. RSI 64.20 remains near overbought and the odds here are on more sideways action. There is the potential for a pullback to the key support at the $245 break out
10 Facts about the $SPY Chart: 8/6/17 Read More »
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. So we have a system in place that produces positive returns when applied optimally, we have a routine that we follow religiously. We are watching our account balance grow. We are experiencing the “Traders Reality”. Be
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. Why Doing More of What Works Might Help You Become Better Traders? It is a well known fact that traders are one-trick ponies. Does that have something to do with doing more of what
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This is a Guest Post by David Bergstrom, he is on twitter @dburgh he is the guy behind the Build Alpha software. He has spent many years researching, building, testing, and implementing market making and trading strategies for a high frequency trading firm, a handful of CTAs, individual clients, registered money managers, and even aspiring retail traders. His website
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Liquid Funds as an alternative to Saving Deposits Image Source : http://bit.ly/2pVQlAg This is a guest post by Ankit Jaiswal @kredentacademy. The Liquid funds, also popularly known as Money Market funds, are an investment tool to earn interest or return. As the name suggest, liquid funds represents highly liquid debt securities. Essentially these are low
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This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. Despite being a price action trader myself, I simply cannot ignore some important patterns. For decades, technical traders use a pattern recognition approach to forecast future prices. The very definition of a pattern appeals
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This is a Guest Post by @LoneStockTrader which was posted originally here: “Do The Things You Don’t Want To Do” and is reposted here with permission. Are You Currently Struggling As a Trader? Are you currently, despite having some good trades, losing money overall? Don’t worry. You’re not alone. You’re actually in the vast majority. It is
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$SPY remains bullish with price above all moving averages and near all time highs. $SPY has closed above the 10 day EMA every day for three weeks. The 50 day SMA is the secondary support after the 10 day EMA intra-day. The average true range of price stopped declining last week. Last week VIX made
10 Facts about the $SPY Chart: 7/30/17 Read More »
Is There A Future For Trading And Investing? A Market Many Of Us Have Not Seen Lessons From A Trading Great: Stanley Druckenmiller Warren Buffett: The Three Things I Look For in a Person
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This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. A Trader will always experience that one great win, then at some point, that daunting great loss will occur. This post focuses attention on how you can improve your trading when bad losses occur. A Bad Loss
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I like moving average signals for their power and simplicity in my trading and here is why: Moving averages are a way to smooth price action and quantify a trend. Moving averages are tools that can work on any time frame. They can remove your predictions and opinions from your trading and replace them with
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Here are a dozen dumb things new traders have to learn to stop doing if they want to be a profitable trader. Being a stubborn bear in a bull market leaves you losing money selling short while simply buying and holding will make you money. Being a stubborn bull in a bear market cost money
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When completing a backtest in a market it is crucial to understand ten dynamics to see if the system is viable for trading live with real money. While backtesting can’t ensure that you will make money going forward using backtested parameters and signals a backtest can tell you what did not work and the past
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The following is a Guest Post from Operator Kean via Macro-Ops.com, a member of the Macro Ops Collective. To contact Kean, visit his website here. One of the things that makes George Soros a market legend is his uncanny ability to identify lucrative trading opportunities. Let’s take a look at how he does it. (I) Look
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$SPY remains in a strong up trend and pressing new all time highs in price. $SPY is above all moving averages. $SPY is under a bullish MACD crossover. The 66.61 RSI does not leave much room for upside without being overbought. Odds are next week will be a consolidation in $SPY as tech reports earnings.
10 Fast $SPY Chart Facts: 7/23/17 Read More »
This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. I’m sure every trader on their journey has experienced the novelty of Revengeful Trading. Firstly, what is Revengeful Trading? As with anything in life, if something belongs to you and it’s taken away from you, you then
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NEWSFLASH: The top ten stocks ALWAYS make up 20% of the S&P 500. Get over the FANG meme. via @awealthofcs https://t.co/9v97WKWhgq pic.twitter.com/yv2xmDruEp — Downtown Josh Brown (@ReformedBroker) July 21, 2017 Short interest against the $SPY just fell to the lowest level since May 2013 (we had the Taper Tantrum right after)https://t.co/uPDl4emm6j — Downtown Josh Brown
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Before you can trade you must first have a trading plan. A trading plan is written while the market is closed to tell you what to do when the market is open. A trading plan tells you how to specifically execute your trading system in real time with real money. A trading plan forces discipline
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