Today’s Trade Room Notes: 845am EST – Dollar Index Futures trading sideways ALL week, very tight trading range o Average true range is flat o No short term trend on the fast timeframe o This tells us we may have to wait a ltitle to see some movement in these markets o Dollar moves first […]
Continue readingWe see too many traders looking for candlestick patterns to take trades… Candlestick patterns are VERY useful, but we still see many traders using them incorrectly. Today’s video is a MUST-WATCH if you want to know the TRUTH about how to profit using Candlestick Patterns. As always, post your questions on the blog, and we […]
Continue readingMarket Gave us clues today… 815am EST – Dollar Index Futures are trading sideways from 81.000 – 80.000 o Still watching the half 80.500 o Still watching the double tops/bottoms o Pace of tape is very slow o No short term trend on the fast timeframe o Average True Range has been very narrow at […]
Continue readingWatch the video below to see if you won any prizes in our monthly raffle. Plus start out on the right foot for our next raffle for the month of May. Quiz #1 Price makes a new high and indicator does not is called…? A.) Hidden Divergence B.) Regular Divergence C.) Bearish […]
Continue readingToday’s Trade Room Notes: Market Gave us clues today… Charts we use: – Range Charts = Slow, Medium, Fast (majority) – Minute Charts = Average True Range, Volatility Index – Second Charts = Pace of Tape Indicator – Tick Charts = Trade Management Chart – GREAT VIDEO on using your charts here: 815am EST – […]
Continue readingToday’s lesson is something VERY close to my heart because it’s my personal story of how I finally became consistently profitable as a day trader. 10 years ago, after I lost my 2nd trade account I was about to quit trading when something dramatic changed my life forever…I learned some very valuable lessons along my […]
Continue readingMarket Gave us clues today… 800am EST: – Dollar Index trading sideways range above 80.500. it returned to the same sideways range from early last week. – Pace of tape on the dollar index is very slow – Dollar Index fast timeframe is very choppy, sideways, no short term trend. Fast time frame, we watch […]
Continue readingIf you’ve been with us in the live trade room recently you watched as we up-graded to a new computer, with the latest technology! This became a Nightmare very quickly because the charting platform we all love to use isnt set up for the latest and greatest technology. Here is an easy way to solve […]
Continue readingMarket Gave us clues today… 820am EST • Dollar Index Futures o Dropped below its sideways range, below 80.500 level, and now sitting on support just inside the bottom of the range o Speed of the dollar index futures is very slow at this time. Wait for the dollar to begin to move the other […]
Continue readingQuiz # 6 This is an Oscillator , used on a fast time frame, and we look for it to point UP for a long trade…? A.) Time And Sales Window B.) Pace of Tape Indicator C.) Momentum Indicator The Winning Results For Previous Quizzes! Quiz #1 Quiz #2 Quiz #3 1.) […]
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