This is a Guest Post by AK of Fallible AK has been an analyst at long/short equity investment firms, global macro funds, and corporate economics departments. He co-founded Macro Ops and is the host of Fallible. As of this writing the S&P 500 has dropped nearly 8% in little over a week, giving us the worst action we’ve […]
Market Crash? Or Just A Correction… Read More »
This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.com. Imagine you are driving your car and you come to a fork in the road. The road sign is missing and you have two options- turn left or turn right. Or maybe not! Of
More than Two Possibilities in Trading Read More »
trying to enjoy crypto wealth pic.twitter.com/tMky2wO0Is — Neeraj K. Agrawal (@NeerajKA) January 16, 2018 There should be a third option called “THE BUSINESS CYCLE”, IF YALL THINK ONE PERSON CONTROLS THE ECONOMY U ARE RATCHET AF AND YO OPINIONS ARE DEEPLY DISQUALIFIED FROM RATIONAL CONSIDERATION. https://t.co/r1xw7KO1xC — Wu-Tang Financial (@Wu_Tang_Finance) January 11, 2018 The facts:
Top 10 Trading Tweets: Week 1/19/18 Read More »
This is a Guest Post by: Colibri Trader @priceinaction. This article is used here with permission and originally appeared here on ColibriTrader.comDrop by drop the river is formed. This morning I realized that the kitchen faucet is leaking. Have you ever experienced one of those moments when something small from your daily lives brings memories or
Leaking Faucets and Trading Read More »
Trading Habit #17 “Money is made by discounting the obvious and betting on the unexpected.” – George Soros The obvious trades that everyone thinks are a no brainer usually do not work because when a trade becomes obvious it is too late as the winning traders prepare their exit strategies to lock in profits
Obvious Trades vs Unexpected Trades Read More »
$SPY remains bullish over all moving averages and within striking distance of all time highs. $SPY traded in $2 trading range last week with $266.69 as support and all time high resistance at $268.60. The 10 day SMA has provided end of the day support since November 16th. This is a sign of a very
10 Facts About the $SPY Chart: 12/25/17 Read More »
Twas the trader’s night before Christmas, when all through the markets Not a stock was volatile, except for the Crypto market which had quite a scare; While the stocks were all traded with care, In hopes that the Santa Claus Rally would soon be there; The traders were bullish all snug in their bets, While
A Trader’s Night Before Christmas Read More »
$SPY is still bullish over all moving averages. $SPY is within striking distance of all time highs. The 10 day EMA has acted as end of day support since November 16th. $SPY has gone parabolic with upward momentum carrying price over the 70 RSI to 73.79. Every dip in price continues to be bought. The average
10 Facts about the $SPY Chart: 12/11/17 Read More »
Price continues to be within striking range of all time price highs. Price remains bullish above all moving averages. RSI at 73.57 continues to show momentum at these over bought levels. The intra day trading range continued to expand last week. The ATR is as high as it has been since April. The strong reversal
10 Facts About the $SPY Chart: 12/3/17 Read More »
