New contracts that are about 1/10 of the standard emini contract size; is this lower market exposure going to be a game changer for you? It all depends on you and your trading strategy. What are the constraints that may
Day Trading Against the Opening Range Breakout (NQ)
Many traders perceive that there is a true value for a market– where the price should be–and that if a given asset goes too far above or below this price, it comes back to this fair value range. And this
Using the RSI and Price Action to Fade the Energy Markets
Fading the markets is gutsy and it’s counter-intuitive. It is highly risky. And since no investor can definitively identify market bottoms or tops, let alone “timing” a peak or trough, most fail in the attempt. But, a few do actually
COMEX Silver and the Trading of an Allegedly Manipulated Market
A common complaint from many technical day traders & swing traders is that of “market manipulation.” Apparently, so the complaint goes, either the fundamentals or technicals appear to give a clear indication of price, up until a relatively large “whale”
Bull Correction or Bear Rally?
By the time you read this, the markets will already have moved beyond the current price levels at the time of this writing. Friday (March 8, 2019) capped off a 5-day consecutive losing streak for the Dow, S&P 500, and
Swing Trading the Tricky “V Bottom”
“V Bottoms” can be notoriously difficult to trade. You are coming off a steep and often panic-driven market selloff. Next thing you know, the market undergoes a sharp reversal to the upside. And it keeps on going, leaving you behind
Ten Price Action Principles to Help You Become a Better Trader Part II
In the previous installment, we covered 5 of 10 price action principles that can help you simplify your approach to analyzing price charts without compromising the effectiveness of your analytical efforts (in some cases, it may add to its effectiveness).
Newsletter – Mar 2019
Upcoming Government Reports & Holidays Mar 01 CONSTRUCTION SPENDING REPORT Mar 06 MANUFACTURERS’ SHIPMENTS, INVENTORIES & ORDERS REPORT Mar 07 FOREIGN TRADE REPORT Mar 07 QUARTERLY SERVICES SURVEY Mar 07 US INTERNATIONAL TRADE IN GOODS & SERVICES REPORT Mar
1099 Information
Notice for Futures Trading Accounts: 1099 forms will be generated for all futures trading accounts that placed any trades during the 2018 calendar year. Traders should expect to receive their 1099 forms via mail, email or through their portal in
Ten Price Action Principles to Help You Become a Better Trader Part I
We’ve all heard the saying “less is more.” This applies to pretty much everything, and it certainly applies to trading. But if less is indeed more, than more of what? We can answer this question by first considering its inverse: