We have posted this video a couple times on the Trader's Blog and the reason we keep posting it periodically is because of the positive response we get each time.
We invite you to have a look at this extremely educational video that may be dated, but provides timeless trading knowledge.
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Many investors attempt to incorporate candlestick charting into their trading plans, however few know why this tool has become so popular. Continue reading "Classic video, every day knowledge"
Short-term traders exit a short position on a Green Daily “Trade Triangle” @ $1,378.52 today taking a loss of $16.02 per oz.
Intermediate traders remain in a sidelines position
Long-term traders hold long positions
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Now that we have "Silly Season" behind us, it's time to get serious about trading
In today's video we are looking at crude oil. This market has been a disappointment to a lot of traders as has remained in a broad trading range for the past 18 months.
The current trading range will eventually be broken and the market will move in the direction of the breakout. While our long-term indicator, the monthly "Trade Triangle" continues to be positive, short-term "Trade Triangles" are indicating weakness. With a score of -60 for February crude oil, we expect that this market will be range bound in the short term.
One of the indicators we discussed in an earlier video is in an oversold condition, indicating a potential rally from current levels could be at hand. That being said we would wait for some other combination of indicators to confirm that a move is underway. Continue reading "3 Smart Indicators To Trade Crude Oil With Synergism"
Is it going to happen, an iPhone running on the Verizon network?
An article over the weekend in the Wall Street Journal indicated that Verizon was holding a major press conference on Tuesday. The speculation revolves around Apple's iPhone and the Verizon network. It has long been rumored that Verizon was anxious to capitalize on the success of the iPhone on its own network.
Tuesday may be the magic day.
We're going to take a little different view of events and look at all three stocks and see which stocks will benefit and which stocks will in fact lose if a deal is announced on Tuesday. Continue reading "Apple, AT&T, and Verizon - a modern day ménage à trois"
Good news, it's the end of "Silly Season!"
On the 10th of December we blogged that "Silly Season" was about to begin. This is the time of year when the markets can get a little weird and do all sorts of things that perhaps they wouldn't do in more normal times.
Liquidity is the lifeblood of the markets and without liquidity markets can be pushed around by just a few small orders that ordinarily would not make a blip on the radar screen.
Continue reading "Good news, it's the end of "Silly Season!""
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