We had a very bullish ‘V’ shaped bounce at the $174 price level right at the 30 RSI level last week that is bullish. We are in striking distance of the $SPY all time high next week. The odds are that we get there next week. This move off the lows has become parabolic […]
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@SJosephBurns I guess all of the bears are dead now. — FEYE (@30Min_CrossOver) February 14, 2014 @traderstewie buy the ducking fip! — △ (@mnycx) February 14, 2014 I agree completely. Less to focus on = more focus. Better to be master of a few than medicore at many. @SJosephBurns — SystemsTrader95 (@SystemsTrader95) February 14, 2014
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Some of my best trades were when I came into the morning wanting to go short if key support levels were lost. I really thought I was about to get a big short play but ended up going long as the
Good Traders Bend to Price Action, Bad Traders Are Broken By Their Own Opinions: Read More »
Someone on social media suddenly demanding to see a personal P&L to prove a trader is real is just silliness. Real world rules apply on social media. If a perfect stranger suddenly walked up to me and demanded to see
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The 10 Dumbest Things I Used To Do As A Trader I attempted to swing trade the March 2000-2002 melt down that was in a down trend. I went long with in days of the bottom in March of 2009 but was shaken out
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The long term stock market up trend from 2013 is still firmly in place. The last two days moves in $SPY was a very strong bounce off an intra-day bottom at the 30 RSI. A confirmation of a possible short term trend back up to all time highs would be a break and close
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When I unfollow someone on twitter it is nothing personal, that account just does not match my style of trading and is not helpful to me in my learning and growing as a trader. I really lean towards the big picture in trading with risk management, trader psychology, and robust systems. I believe
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@SJosephBurns @TraderHMS @tradewithpete “dancing” “blowout” “exploding” are some of the emotional words used on a stock moments ago @CNBC — Peter (@Trendanoid) February 7, 2014 If you look at charts enough you see patterns that resolve a certain way a high % of the time thats not really teachable Im sure you agree.
Tweets Of The Week 2/7/14 Read More »
For anyone watching the Super Bowl Sunday we got to see a #1 ranked defense completely shut down a #1 ranked offense. In Super Bowl history 5 times a defense ranked #1 in the regular season has faced a team ranked as the #1 offense
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