The 70 RSI level is the intra-day resistance here. $190 $SPY will also likely be a key resistance if we get there. Above the $SPY $190 or 70 RSI we would be parabolic but the odds are against it. The risk/reward is in favor of the downside but momentum after the gap favors a […]
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Endowment Effect A Technical View: Weekly CME Group Natural Gas Futures After a Dazzling Early Career, a Star Trader Settles Down You may have to click through twice and accept the terms to get this link to work.: Letter From Larry Hite December 16, 2013 Single stock futures + Trend Following (PDF) 10 Habits All Extremely
Trader Food: 10 Great Trading Links Read More »
@R2RayCFreeman C’mon Plunge!! 😀 pic.twitter.com/FhXBv6kEJU — Ray C. Freeman (@R2RayCFreeman) March 7, 2014 @SJosephBurns seeing a lot of “so far” in everyones comments today. Tells u just how close to being stopped out all of us are lol — Dave Allen (@DaveAllen28) March 7, 2014 @SJosephBurns @pnani456 @BloombergTV I only watch
Tweets of the Week – 3/7/14 Read More »
I have had many polls to find great traders to follow on twitter, I have also shared many different types of people to follow based on your personal preferences. But, here are my personal favorite 25 people to follow on twitter who survive the cut for me every time I try to clear out
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Gaps in prices can be one of the strongest indicators of momentum and while many are using gaps as an opportunity to get out of a winning trades many times it is a great entry signal and beginning of a strong trend in the direction of the gap. Gaps work best in growth stocks especially
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“There are really four kinds of trades or bets: good bets, bad bets, winning bets, and losing bets.” – Larry Hite – See more at: http://www.donttalkaboutyourstocks.com/market-wizard-larry-hite/#sthash.TnGH3p64.dpuf “There are really four kinds of trades or bets: good bets, bad bets, winning bets, and losing
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Forget the news, remember the chart. You’re not smart enough to know how news will affect price. The chart already knows the news is coming.” -Alan Farley All the would be Geo-political scientist from this weekend can stop trying to anticipate where price goes with this Ukraine situation and just follow price action from here.
Focus on the Charts NOT the News Read More »
The parameters of this poll are: Great traders that really put out great tweets that are either informative, entertaining, funny, educational, on the right side of the market, or all of the above BUT their number of followers is not equal to their value added. Tweet value versus total followers should be considered. Many twitter
Who are the most under-followed traders on twitter? Vote Here–> Read More »
Since late December the stock market large cap index has not trended up it has just churned. In 2014 $SPY is up less than 1% year to date. Equities are not being accumulated as an asset class they are being traded in and out of. This years market action has left buy and holders and
10 Fast Facts About the $SPY chart and Possible #Ukraine Implications. Read More »
Who are the most under-followed traders on twitter? I need suggestions to create a new poll to get the word out on them. Inspired by the stock twits post, I am looking to create a new poll for the “criminally under-followed” traders on twitter. Here are the rules: I will place any trader on the
Who are the most under-followed traders on twitter? Read More »