Archive
Monthly Archives: August 2010
Monthly Archives: August 2010
We finished a great week in the live trade room with another day of summertime trading. Today we had NonFarm Payroll news @ 830am EST that was expected to shake up the markets, and it certainly did. The most challenging price action came early in the morning; we took 2 early losses and then stuck […]
Continue readingIt has nothing to do with my tools….its all in my emotions, and in today’s video we discuss the importance of working WITH the market, rather than against it, which will solve that problem for you very quickly, you DON’T want to miss this video! We also talk about trade management, using our Average True […]
Continue readingDid you see this pattern on the Euro today? Did you see the Dollar Index told us when and where to enter? Did you see the wedge pattern that gave us this easy profit today? If you missed it, you won’t want to miss today’s video…we’re going to show you how to earn $900usd on […]
Continue readingHave you ever noticed that I don’t watch VOLUME like most traders? Why Not? It’s because we have better tools at our fingertips, and the volume indicator doesn’t do much good for the most recent price action….we need something a little better! Today’s video we review some very important topics: Using Volume in our trading […]
Continue readingCrude Oil: We’re looking for the breakout to the downside below 81.57 for this short entry I will take profit at 81.43 (1/2), 81.16 is the next support level (1/4), and then if we can break the 81.00 we will look for the final target of the trend line around 80.85. Now we see the […]
Continue readingHi guys! I wanted to show you some really useful stuff in the second part of this series on reading the tape, so enjoy tonight’s lesson. If you missed the first part of this series, click here to learn more about tape reading fundamentals Step #2: Look for Patterns “This is one of the easiest […]
Continue readingWith lower volume in the month of August we need to plan our attack a little differently, and we used this plan of attack to earn our profits today. Lower volume means less consistency with our price levels, and we saw that today on Gold Futures. Did you see the 82.64 level on Crude Oil? […]
Continue readingIf you aren’t using Market Profile in your trading you aren’t truly reading VALUE in the market, and you definitely need to know how to trade GAPS, so be sure to watch today’s video. – Market Profile, how we use it o Covered in our intermediate course o One of the most important ways to […]
Continue readingCrude Oil Futures: We’ve had to wait a little longer than we planned this morning, but we finally see a few decent patterns on the crude oil futures. Im looking to sell the highs of the trading range on the 21-range chart, looking to get short below 82.21 I will take profit above the big […]
Continue readingHi guys! Have you learned to read the tape yet? It’s easily one of the most important skills any trader can master, and I wanted to share some tips and tricks with you about how you can easily learn to read the tape. • What is it? • Tape Reading is the study of raw […]
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