Chart to Watch - DECK

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Deckers Outdoor Corp. (NASDAQ_DECK).

This week let's take a look at the daily line stock chart of DECK.

The line chart shows the closing prices only, and I used the line chart this week because it made the Cup with Handle Chart pattern stand out a little more.

When trading stocks we use the monthly MarketClub Trade Triangle to tell trend, and the weekly MarketClub Trade Triangle for timing the trade. Continue reading "Chart to Watch - DECK"

FOMC Minutes… Head for the Hills!!!

While the MSM instigates reasons why we should give a damn about what people who have little control over the T bond market were thinking at the last meeting, why don’t we just tune it all out and manage the markets instead?

tyx, etc

The top panel shows the 30 year yield marching toward the traditional limiter AKA the 100 month EMA.  The pattern measures to 4.5% or so, so there could be a spike above and a hell of a lot of hysteria at some point.  That’s the collective markets; 98% hype, hysterics and emotion and 2% rational management.  Either the 30 year yield is going to do something it has not done in decades (break and hold above the EMA 100) or it is not.  Simple. Continue reading "FOMC Minutes… Head for the Hills!!!"

Know the Zone & Improve Your Gap Trading

By: Scott Andrews of Master the Gap

I am a gap trader.  Specifically, I 'fade' the opening gap (i.e. go short when the gap is up or long when the gap is down). My first research breakthrough many years ago was in recognizing that gap selection was the “door” to making profits and the “key” to that door was to focus on the location of the opening price.

Using the prior day's direction (up or down) and the open, high, low, and closing prices, I created ten “zones” and each provides tremendous insight into the probability of a gap filling or not. Click here to view my Gap Zone Map with historical odds for the S&P 500.  My selection strategy has evolved over the years to include market conditions, patterns and seasonality, but zones remain the foundation of my gap fade selection criteria.

So why do opening zones work? They inherently incorporate : Continue reading "Know the Zone & Improve Your Gap Trading"

Binary Options, Why are they so popular?

Since their inception in 2008, Binary Options have established a history of widespread growth and global notoriety. One of the main reasons behind this is that they are easily accessible through an online medium, and therefore provide a real time trading method for those who are in the market for swift financial returns. In just a few clicks, it is possible to execute a trade and make your chosen investment, which saves the trader’s considerable time in their quest to achieve substantial financial returns.

The simplistic and fixed nature of binary options also appeals to novice traders, as they offer transparent terms that enable individuals to calculate an exact financial return on their investment. Binary options also have fixed time frames, which mean that an investor can manage his/her finances and wealth far more effectively. Given the fact that in some instances they have also been known to deliver a sizable profit, it is easy to see the attraction of binary options and their appeal in a world where investors are looking for quick and ample returns. Traders should be wary, however, as there is individual risk associated with every method of investment that must be given careful consideration. Continue reading "Binary Options, Why are they so popular?"

Gold Chart of The Week

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (August 19th through August 23rd)

Market bulls were dealt a blow last week as stock traders began booking profit on long positions in expectation of a FED taper in their bond purchase program. The selling pushed the stock indexes lower throughout the week until the Dow suffered its largest weekly drop in over a year. Similarly, the US Bond Markets fell under pressure as traders continued to try to anticipate the FED’s next decision regarding Quantitative Easing and Interest Rates. Continue reading "Gold Chart of The Week"