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:
How to Detect and Avoid Volatile Sideways Movements Early On
For some traders, market volatility can be considered favorable. After all, when market conditions present you with large powerful swings in either direction, you have the opportunity to ride the swing whether long or short. It’s when volatility presents itself
Market Direction – The Key to Anticipating Swing Trade Opportunities
Where is the Market Heading? There are times when market action can be difficult to interpret. A scenario may appear in which all three directional conditions–uptrend, downtrend, and sideways market–are equally possible. If you’ve traded the markets for some time,
Newsletter – Feb 2019
Upcoming Government Reports & Holidays Feb 01 CONSTRUCTION SPENDING REPORT Feb 01 EMPLOYMENT SITUATION REPORT Feb 04 MANUFACTURERS’ SHIPMENTS, INVENTORIES & ORDERS REPORT Feb 05 FOREIGN TRADE Feb 05 US INTERNATIONAL TRADE IN GOODS & SERVICES REPORT Feb 08
Protecting Uncertain Trades with Partial Closes and Trailing Stops
Not all trades get off to a good start. Some look iffy from the get go. Maybe the market conditions have changed. Maybe your market assessment was just a bit off. Maybe the market appears indecisive as to its “true”