AAPL Surfing the 50 day up The interesting thing about the current $AAPL chart, is that it is a neutral pennant pattern with the 50 day SMA line creating a rising support, and the upper resistance trend line declining. A close above the upper trend line, or a close below the 50 day SMA, […]
$AAPL Surfing the 50 Day Read More »
I entered $TNA on March 12th after a gap and go over the 5 day EMA, after a bounce off the 50 day, near the end of the day at $85.85 I set my end of day stop for a close under the 5 day EMA. My position size limited my loss to less
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Last week the chop continued as all the bearish signals of another down leg had no follow through, and the market rallied slowly and steadily to trigger bullish signals. On Monday $SPY broke out over the 50 day, 5 day EMA and short term resistance to signal a buy. Intra-day noise last week was
$SPY: Whipsaws, Chop, & Resistance 4/12/15 Read More »
4 Core Beliefs That Define My Trading “Edge” 17 Reasons Why Traders Love to Trade 6 Ways to Improve Your Self-Discipline Today Paul Tudor Jones on the 200-Day Moving Average The Reason Why Support And Resistance Trading Is Not As Easy As You Think
Top Trading Articles: Week 4/11/15 Read More »
BUT WHAT DOES IT MEAN? RT @businessinsider: Extremely rare black flamingo seen in Cyprus: http://t.co/42EbYJbEYN pic.twitter.com/VsPl2ubOBG — Downtown Josh Brown (@ReformedBroker) April 9, 2015 RT @ritholtz: Analyst Career RIsk pic.twitter.com/79mLCx8nPA — Downtown Josh Brown (@ReformedBroker) April 8, 2015 #Tsarnaev verdict so far: GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY GUILTY — Grasswire (@grasswire) April 8, 2015 "I want all of the market's
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The late William O’Neil is likely one of the greatest stock traders of our time. O’Neil made a large amount of money while he was only in his twenties, enough to buy a seat on the New York Stock Exchange. Today, he runs a successful investment advisory company to big money firms, and is also
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Ed Seykota is one of the best performing money managers of the past 40 years. He made many clients millionaires. Mr. Seykota was a trail blazer in using computers to back test trend following systems when he had to use punch cards to do it. Here are the principles that made him a trading legend.
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Paul Tudor Jones is one of the greatest traders that’s ever lived. He has the long term record to prove it. Here are 10 principles that made him a successful and profitable trader. #1 He has a strong work ethic based on passion for the business. “The secret to being successful from a trading perspective
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Your entry is based on your opinion not a valid signal. Your bet is that a trend will change with no reason behind the bet. You are entering out of greed after a big move. If you are wrong about the trade you will suffer a huge loss. You enter a trade with no stop
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The long term trend is still up. The short term trend is down with price under the 5 day ema & 10 day sma. $SPY is still under the 50 day sma and presents the danger of a deeper dip before another leg up. Momentum buy signals are failing as selling into strength continues.
10 Facts about the $SPY Chart 4/5/15 Read More »