Friday’s Dominant Theme
Whether one adopts the methods that I encourage or any of the hundreds of other methods that share similar objectives of skewing probability, asking oneself
Here Are Four Slump-Busting Strategies
The lazy trading days of summer remain upon us as the major
markets continue their respective games of “you
first,” in terms of breaking the current long-term range
with any hint of conviction. As we close the week, both
major markets finished the week in the green with the S&P
up
Achieve Better Trading Results By Mastering Probability
As I was preparing the content formy QQQ video during this past summer, Ifelt strongly that several foundational concepts had to be laid, prior todiscussing specific methods, indicators and setups. One of the cornerstoneprinciples was that of trade probability.Indeed, one of my biggest pet peeves in
Key Intraday Moving Average Setups In The QQQs
It seems that the concept of using movingaverages (MAs) to gauge markets and market trends has been around forever.Theyre simple, easily understood, and can be taught on day one of your localTrading 101 course. I suppose for those who like a little spice togo along with their trading, they can be
Trading And Athletic Performance
Pretty tough for a control freak, yet in turning the end-of-day answers to my own “did you break out of it?” mental exercise from “no” to “not yet”, it seemed to put me in a frame of mind eager to approach the next day knowing that I was very close and that tomorrow could be the day.
Let’s Look At First Pullbacks
Whether you trade a smaller interval as a scalper or a larger timeframe, first pullback entries after trend turns remain among the best options in any market, including this summer’s chopfest
Let’s Go Through Thursday’s Trade Sequence
I thought it might be helpful to
review what was going through my mind during Thursday
afternoon’s Wile E. Coyote drop as well as comment on recent
summer trade rhythms. First, those that have followed me over
the years hopefully know that I want to avoid the
all-too-common “well, it was
This Is All I Believe Traders Need
Another summer week comes to a close, with the S&Ps closing down about eight and the Nasdaq down about 23 from Friday’s close.
Two Attributes Of Successful Traders
Now that we’re on our weekly schedule, I wanted to welcome
all of the non-intraday traders to the segment. Based on my
mail, it appears that the weekly piece is reaching out to an
additional segment of readers and traders that don’t normally
check in intraday. Welcome! As we enter another summer
What You Can Learn From Thursday’s Error In The Dow Futures
OK, the long weekend is upon us, the market has netted
virtually nil over the past week, and all I hear in the
financial ‘press’ is ‘boring, boring,
boring.’ Which I suppose is a bit like saying the
Florida
How I Combine Longer Timeframes
Welcome to the first weekend edition of Trading The E-Minis And SPYs. As I mentioned on Monday, after two years of doing daily market and trading analyses, we’ve moved to Saturdays
Why I Stress This Combination
I’m
stressing the combination because it reflects one of the
cornerstone combinations of our educational series, and has
always been one of my personal favorites as it provides ample
heads-up notice. Intraday strength divergences into any
further downtrend extensions can help guide the closing of
any remaining short-term short positions. Transitions As
Larry Connors mentioned in his weekend piece, we’ll be
shifting the timing of this column from daily (Saturday) to
weekly, effective after today. At this end, the shift