20 Ticks Today How to get back in your Trading Routine After missing last Friday & this Tuesday for the long weekend, we had the distinct challenge of getting back in the ‘rhythm’ of the markets in order to profit this week from our trading. We always have trouble getting back into the swing of […]
Continue readingToday was one of those days that reminded us why we love being traders. Monday, Tuesday Wednesday this week were very challenging, and we were frustrated by the lack of movement and the inconsistency in the price action as the market digested some very important information from Congress & the Fed this week. Today, however, […]
Continue reading12.) For income tax purposes in the US Futures are different than Forex and Stocks because they are classified as…? A.) Echange-Traded B.) Securities C.) Options on Futures D.) Commodities Results For 2010, First 5 are entered! – –Extra Credit Winners! Quiz #1 Quiz #2 Quiz #3 1.) Joe Clark 1.) Roy B 1.) Dave Z 2.) […]
Continue readingWe had another challenging day in the markets today! Once again…we knew today was going to be a tough day, here’s why… • Not much news today • Ben Bernanke testimony @ 10:00am est • BIG Snow Storm on the East Coast, fewer people in the markets This was a good start, but we saw […]
Continue readingToday was a great example of how sometimes we need to take our money and get out of the market before we give it all back! We started today with a breaker/2-step combination that made us 21 ticks on the breaker and 14 ticks on the 2-step reversal, so we were off to a great […]
Continue readingQuiz #11 Also called High Frequency Trading, this involves buying/selling quickly to earn quick profit…? A.) Day Trading B.) Scalping C.) Swing Trading D.) New Orleans Saints 🙂 Remember to leave your first name and last initial, a couple of you missed out because you didn’t leave us any of your […]
Continue readingOnce in a while we have a tough day in the markets we trade, and today was the the worse case scenario. We started off with a VERY slow and choppy market today. Crude Oil had all the same trigger lines across all timeframes, so we knew it was going to be slow until they […]
Continue readingHey Guys I hope you're all ready for Mondays Trade Room at 745am EST. See you there!
Continue readingQuiz # 10 The Ideal Momentum for A Long Trade Is… A.) Momentum Curled over and pointing DOWN B.) Momentum Pointing UP from the TOP C.) Momentum Pointing UP from the BOTTOM Good Luck! Watch The Video If Your Stumped. Results For 2010, First 5 are entered! – –Extra Credit Winners! Quiz #1 Quiz #2 Quiz […]
Continue readingWe had a slow week this week in the markets, until today! With today’s Jobless Claims report @ 830am EST, followed by a report on the Dollar Index jumping, it was easy to see a LOT of trading opportunities today in the live trade room. We got started early, with patterns showing up as early […]
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