Here is a recap of my recent swing trade in $UPRO step-by-step: $SPY has been in an up trending bull market for years above the 200 day moving average, and it made new all-time highs late in 2014. The best plan was to trade the long side all year. However, with a high probability […]
My December $UPRO Trade Read More »
The principles that successful trend traders use to make money in the markets is difficult for the average investor or trader to understand. Readers unfamiliar with systematic trend trading have a hard time trading for profitability without trying to predict where price will go. Most successful trend traders have preset, planned entries that are
The Trend Commandments Read More »
Three of the past four days $SPY made higher highs and higher lows. Friday slightly missed a higher high but the day’s volume was the lowest this year. This is bullish. $SPY is above the 50 day, this is bullish. The 5 day ema crossed over the 10 day sma last week. Bullish. Thursday
10 Facts About the $SPY Chart 1/25/15 Read More »
Super Mario after todays Stimulus…….. pic.twitter.com/bRosMgppOb — DK1 (@canuck2usa) January 22, 2015 Dont mind missing few % to get confirmation..tgts are very high if mkt is going up lots of room and time I am patient ..stars need to align — DK1 (@canuck2usa) January 22, 2015 Ok simple mindset for me here..Lowered rates everywhere QE
Tweets of the Week 1/23/15 Read More »
Chart courtesy of stockcharts.com The long term up trend is still in place with the 200 day not being threatened recently. The short term down trend in place with Friday’s price action failing to overtake or close above Thursday’s high of day to confirm a possible reversal. The momentum break over the 50 day
10 Facts About the $SPY Chart Read More »
Bitcoin below $200, doing a Mine One Get One sale. — Downtown Josh Brown (@ReformedBroker) January 14, 2015 I don't want to live in a world where Gartman is right. — Northy (@NorthmanTrader) January 16, 2015 The #SwissFranc move (in just an hour) was the equivalent of the $DJIA moving 4,300 http://t.co/4NwzKTrWOZ $CHF $EUR pic.twitter.com/YxwwEBSd1z
Top Tweets of the Week 1/16/15 Read More »
$SPY broke out above the 50 day sma on Thursday: In the past 4 years after $SPY crossed over the 50 day, 5 days later there were 21 wins/8 losses Average win 1.6% average loss -1.33%. $SPY bounced and regained the 50 day by the end of day on Friday. $SPY is above the
10 Fast Facts: $SPY Chart 1/11/15 Read More »
Not Bearish..to clarify if you didnt understand the tweet "If we do not Hold" that means on a closing basis not some random noise MM BS — DK1 (@canuck2usa) January 9, 2015 I'll leave it at this: Trading is about finding good r/r setups..means odds in ur favor…doesn't mean u can't lose. Good odds is
Top Tweets of the Week: 1/9/15 Read More »
Here is a recap of my recent swing trade in $SPY step by step: $SPY has been in an up trending bull market for years above the 200 day moving average and it has been making new all time highs. So the best odds for me is to trade the long side primarily. The
My Recent $SPY Trade December 2014 Read More »
Price is still above both the 50 day and 200 day moving averages and both longer term movign averages still slanting upwards signaling the long term up trend remains in place. The short term uptrend has lost momentum with price currently at the 5 day ema and under the 10 day sma. The 5
10 Facts: $SPY Chart 1/4/15 Read More »