SPY has closed above the 5 day ema for eight straight days. The 50 day was broken through to the upside and has held. The 10 day was broken and price moved with momentum far above the 10 day line. Eight out of nine straight trading days have seen higher highs in SPY. The $VXX […]
Ten Fast Bullish Facts About The $SPY Chart Read More »
Friday was one of the wildest days I have seen in a very long time, it was hard to determine which head fake was the real move even into the last hour traders were wondering if we would roll over. I have been bearish in recent weeks playing puts off the 50 day line in
7 Signs The Bulls Are Now Winning $SPY $IWM Read More »
Ten Things New Traders Need to Quit Doing if they Want to Be Successful Quit trying to hit big home run trades that stress you out and make you watch every price tick all day and focus on a winning trading method. Risk a little to make a lot and stop risking a lot to
Ten Things Traders Need to Quit Doing if they Want to Be Successful Read More »
I have grouped my best blog posts of the past under different topic areas. Each blog title listed is available on this website. You can search for these blog titles directly on the website in the search box to find topics you are interested in. Risk Management Risk Management in 1 Lesson 7 Things Trader’s
New Trader University Blog Table of Contents Read More »
The 200 day is the test of all tests for the bulls, there are many systems used by traders that gives a buy signal for stocks as they move above their 200 day moving average. For the last three years buying THE market leader Apple as it either bounced near or rallied back above the
The Stock Markets Ultimate Line in The Sand Read More »