AXP, SLB, KO, CVX - A good mix showing short. - No Long Setup
Anyone remember the "Frogger" game where a frog must pass a river ? This strategy is like a game. Immagine you that the cyan lines are a River, any time the price can cross up or down this river, you must buy or sell only when the bar are dry.. BUY at highest price of the first bar that is completely dry over the river SELL at the lowest price of the first...
Illustrating Steve Primo Strategy # 5. He claims to be using this on Forex Pairs only. Follow the link for the Code.
Is possible to be determine when to be on the right side of the market , most of the time ? well yes, using simple market timing strategies such as the SPY against it's 200 ma, would help you avoid all the bear market in the last 20 + years . But is there another way to do this ? Here's a strategy i'm currently forward testing in my IB account. By calculating...
Ladies and gentlemen, it's about time i come clean here and share with you my secrets of success in trading the stock market. It is no secret that many expert traders make outrageous claims about the market not being perfect and that it can't be predicted, and that it will always be 50/50 percent chance of success and failure. Well rest assured that their claims...
After nailing a 17% trade, the market appears to be overbought and hitting strong resistance. The volume says we won't break it this time, so I'm expecting a pullback to the breakout zone before making a trend decision. This isn't a concrete trade strategy yet, just a hunch. Look for possible topping patterns to confirm. We may reach slightly higher, but I...
Purpose: This strategy is designed to help you to figure out whether you should position your long term investment account aggressively or defensively. For the purposes of this demonstration, I have drawn my Fibonacci Arc from top of the 2000's Tech Bubble to the bottom of the early 2000's Bear market. Steps: 1. Use Monthly Candles 2. Add a 21 month EMA and a 10...
Q4 Return : 19.9 % 2014 Return : 66.1 % Volatility : 16.7 % MAX DD : - 8.11 % We are rebalancing the positions for tomorrow. Cheers
As we close the year with the biggest sell off in the last two weeks, I do believe the market, as it has in the past, will retest the highs before we see any substantial pullback. The market tends to grind higher when it has hit new highs. I would wait before initiating any shorts here as it can be a lot of whiplash around the highs. If however the market does...
As the S&P inches to its' upward trednline, and the continued sell off in oil, the risk is extremely high for traders to the upside in the S&P. I'll be waiting for the market to come back down to its trendline before initiating my longs for the new year.
My approach was simple, be patient and do not get greedy. I used nothing more then a candlestick chart, volume, and trend lines to formulate my plan. The weekly chart was my big overall picture, I would then repeat the process on daily and hourly charts. I would wait for the opportunity for when the market would come down to its trendline, and buy when the...
Basically, the last few months NASDAQ 100 never got 3 ticks without a minor DD, followed by the bottom confirmation. (2x) So, everytime it goes against you, close it and wait for the confirmation, once it's up buy back and watch it fly. You'd save some few important percentages doing that, all it takes it's active control of your positions, even in the long run.
Just days before Germany's much anticipated third quarter gross domestic product (GDP) data is released, business leaders and policy makers warn that euro zone's largest economy has lost its competitiveness and is on the brink of recession. German Stock Index DAX is grinding high for the last 3-4 weeks after a sharp down move. It is building nice consolidation...
I'm very bullish on that pair. Why? Bank of Japan decided to add another QE program to fight deflation. They will make extra asset purchases by an additional 10-20 trillion yen. Japan's unemployment rate increased to 3.6 percent from 3.5 in September. The trade gap is increased and Inflation Rate is at 6-Month Low. SL108 T1 120 T2 125
The first bearish setup, the bearish Cypher (Elite Zone only), already reached both of its target levels. Now $PRGO is presenting two possible continuation trade setups. 1. Major structure zone. 2. Possible Harmonic pattern completion *The full explanation is this week's Weekly Markets Analysis This setup is part of the Weekly Markets Analysis newsletter...
Telecoms caught some weakness after earnings release. $51.50 was important resistance above which buyers failed to hold eventhough company released numbers higher than expectations. Now, we have tight consolidation near lows with resistance at $49.15. Break below consolidation support $48.50 will trigger Short entry and will open doors to $46 major support. If...
During this recent move up in S&P (100 handles from the last bottom) Oil&Gas ($XOP) stayed one of the weakest sectors and specifically shares of Slumberger. After exhausted move up on the end of June, it entered into correction and broke down its 50 EMA that was in control since the beginning of 2014. Now, sellers keep preassure and hold resistance at $110...
Bank of America lags behind the market, ant usually that indicates some weakness. Key level in this action is $15.30, the breakdown of which previously led to a drop to $14.85. Now it acts as a resistance and underneath a bear flag has been formed, breakdown of which will attract more sales. Potential entry points are marked on the chart with orange bands.