Hi traders, Thursday was a pretty decent up day, ruined only by a bit of greed from my side in the AMD Short trade. But even after missing the best exit of the day, I squeezed a little extra from my typical RRR setting. The Trades: 1) NEO - LONG @28.35 - Unusual situation that I decided to go LONG into on the breakout pattern above 28.32. Sadly after the market...
NIO=just cars TSLA=cars, solar shingles, back up power,rockets, 5G satelites and global communication. officially a global monster now
Hi Guys, Got my first RED day recap in a long time. I just kept making silly mistakes and got stopped out galore. 4 losses and 2 wins but 1 win was only 4c and if I let it run it would have been a $1 win! Enjoy, Enda
Hi traders, A slightly negative day on Wednesday which could've been a winner had I held one of my Long trades for long enough. In the video you'll find my reasoning why I left early though and statistically, this was the right decision. Focus on the long run, not on the flashy bragging rights! The Trades: 1) HAL - LONG @10.32, exited earlier as the stock didn't...
Hi Guys, We called out 3/4 winners today in the chat room! Not bad accuracy and up $1845 as a result. Enjoy, Enda
6.29.20 looking at the June spot contract and the August contract and will. I discuss some price action considerations as a review for traders who followed for a while, and an introduction to traders who are just starting out looking at the strategy.
4.29.20 I need to clarify this video. The CME prohibits retail traders from trading the spot contract and the next contract which is the July contract, but you can trade the August contract. However the August contract is in an un-tradable coil... there is no way that I can trade this contract at this point. The iron is that the spot contract is trading...
Hi traders, I didn´t open a trade yesterday, so I decided to record an educational video for you. My favorite topic (and very hard to implant for many traders) is TRADING RANGE. The most most most crucial ability is to recognize if you are in a Trading Range or in a Trend. Every stage of the Market requires a different approach! You can find a lot of...
Hi traders, Tuesday meant 2 losing trades for me. Should I be upset? Well, there's no reason as both of them were according to the plan! If I broke it and won I should be at least a little angry with myself. Had I broken it AND lost at the same time, I should have been really furious. The trading plan gives you psychical support even if you're losing. Today's...
4.28.20 I did my best to look at a daily chart of gold that was pressing lower, and then I wanted to translate that into how presses can represent trending behavior on smaller time frames. I wish I'd been a little bit more efficient and could've finished my presentation, but I decided to post this 19 minute video because it's a good start and I can finish the...
Time filler. Nothing exciting to see here.
4.28.20 This is the third video this morning on oil. This is about presses... which are higher tops and bottoms with a minimum of three bars. Because it set up correctly, it was easier to show you the dynamics. I talked about potential scalping techniques that might help you realize more profit potential that might not otherwise occur to you. There is always a...
Hi Guys, Some over-trading today and a lot of rule breaking. Won 3 and lost 2 but came out on top! Green results in the chat room also! Enjoy, Enda