TradingMarkets’ Top 5 Of The Day

Welcome to TradingMarkets.com Top 5 of the Day!

In this nightly feature, the editors of
TradingMarkets select the 5 best and most insightful (and sometimes humorous)
excerpts from all of the articles and blogs that have been published throughout
the entire day.

Here are today’s selections:

Chris Curran from:


Are you using this indicator to fine tune your trades?

“…I consider a TICK
extreme to be +/-750, but I also use 60-length Bollinger Bands on a 1-min chart
to get a better feel for the TICK’s range..”

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Jes Black from:


Get ready for an explosive move

“…we pointed out the
“Key” level which if taken out would confirm it was “wave 1” up with a “wave 2”
pullback before an explosive move in “wave 3.”…”

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Mike Kestler from:


When news hits this stock, I will trade it

“…20
minutes before the NYSE close, the news reader announced information on
Fannie Mae
(FNM)…”

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Deron Wagner from:


In this market, these 3 ETF are moving

“…you
will see it is highly unusual for the index to have more than two “dojis” in a
row. Equilibrium of supply and demand is usually resolved quickly, at least in
the short-term…”

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Kathy
Lien
from:


Is the housing bubble about to burst?

“…This
is the biggest drop in mortgage applications since mid-July…”

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