I belong to a trading network where you can see the traders results in %age terms and also hear what they say about their trades, strategy etc....
Man I don't know what makes you think that the bottom is in. Have a look at the S&P weekly chart and see how many potential double bottoms you...
Joe I try to keep it simple and trade price action, momentum, and S/R. I dont use any indictors but do draw a few lines [usually horizontal] on...
Thanks for the quick feedback it has helped me a great deal already. I've got another winning trade under my belt. Incognito - I agree its a...
I'm into my second year of trading and have consistently traded with a high %age of winning trades but despite this I still have a real weakness....
Once the Fed is happy the banks are stable they will raise and continue to raise slowly but steadily. There will be a sell off in the markets [a...
Thansk for all the interesting comments FYI I've still got my old M3, which is still very good for going from A to B. But I had my big drawdown...
By chance you would expect 50% of trades to be winners and 50% to be losers and through money management and placement of stops and targets you...
My rationale for this is as follows: If you can identify what doesn't work then you are well on the to finding out what does work. I wont...
Fed raising interest rates a couple of times would proabably achieve all that. May not be that great for equities in the short term though.
Agree with Mr Black, but have a couple of comments. Market can be 1. Trending HH, HL etc 2. Ranging or 3. Congested HH, LL etc As we...
Ive tried doing the same thing but found it quite difficult. 1. The market isn't normally distributed so you need to use non parametric stats....
My 2c Zero chance of rate decrease. If FOMC do not raise or at least be very hawkish the USD will drop and US denominated commodities [oil...
Thanks guys, Good to hear there are no conspiracy theories. I was sure about the liquidity in the gold market, in FX [a very liquid market] the...
I'm new to gold trading and was wondering why it would sell off in the absence of any news. I understand that gold is supposed to be heavily...
Wouldn't read too much into it, probably spending as much just getting twice as many shares because they're now half the price. Bberg need...
Baldur I understand your point but if you dont use stops for exiting an intra day trade how do you determine the exit point. I use stops as I...
Question for Swing Scalper and Incognito How do you determine support and reisitance? My view is that S/R is a zone rather than a point. I...
Looks like a nice set up for shorts tonight, S&P just above resistance, poor earnings, oil high, inflation high. If the fear sets in theres much...
Jay Good informative post. Thanks. Steve
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