The highest probability oversold dip buying level to enter $SPY based on an oversold oscillator, is a reading of the 30 RSI on the daily chart. The highest probability dip […]
The Ultimate $SPY Dip Buying Level Read More »
$SPY continues to be range bound in 2015, with a .86% year to date return. In this market, buying dips and selling rips has been where the money is made. Buying weakness and selling strength. In range bound markets, horizontal trend lines are can be traded based on previous support and resistance, as seen in
10 Facts About the $SPY Chart: 7/5/15 Read More »
Market Update: S&P 500 Technical Support Levels In Focus Jon Boorman’s Weekend Review and Watchlist The Real Logic And NatureStop Loss Orders Switching From Stocks to Bonds Based on a 200-day Moving Average Crossover In Trading Hindsight is 20/20
5 Great Trading Articles 7/4/15 Read More »
“Sorry the failed policies we forced on you shrunk your GDP by 27% and gutted your economy. Now please run a budget surplus.” GTFO — Downtown Josh Brown (@ReformedBroker) July 1, 2015 Greece is like a barber shop – everyone gets to talk all the sh*t they want but at the end of the day,
My Favorite Tweets of the Week: 7/3/15 Read More »
Here are 10 traders I learned from directly through their twitter presence. These traders helped me in my continuous journey as a trader. Dean Karrys @canuck2usa taught me that successful active trading on a shorter time frame is possible.
Traders on Twitter I Learned The Most From Read More »
Some of the most user friendly websites to find the stock or pattern you are looking for based on your own personal parameters: Finviz Incredible Charts Yahoo Finance Stock Screener Past Stat StockCharts.com
5 Useful Screening Tools and Sites for Traders Read More »
This is a Guest Post by Bob Loukas For an asset like Crude, which is normally extremely volatile, the current prolonged sideways range is very much out of character. Crude has us accustomed to daily swings of 2% to 3%, and to shorter term rallies/declines that draw in traders before reversing suddenly. Crude is generally
Crude Oil Nearing Exhaustion: Guest Post Read More »
Traders hear the terms “buy fear and sell greed” over and over again. However, these sayings are meaningless outside the context of specific price action. Here is some context: Fear is not a buy signal. Fear can set up a dip buying signal with a good risk/reward ratio, or a short side trade out of
Emotions Are Not Trading Signals Read More »
The long term resistance line held last week at $212.75. This is still a range bound stock market in 2015, with a 2.08% year-to-date return in $SPY. Many of the stock market sectors are no longer trending up, but are caught in the 30-50 RSI range. This is a warning of potential distribution, and the
10 Facts About the $SPY Chart 6/28/15 Read More »
Riding Trends and Managing Risk – $AMBA The Psychology Behind Casinos And The Stock Market Trend Followers: A Potential Dilemma With Long-Term Moving Averages Q&A with Ben Carlson on A Wealth of Common Sense The Loneliness of the Short-Seller
My 5 Favorite Trading Articles: Week 6/27/15 Read More »