Monthly Archives: June 2011
Are you up on this Forex “flaw”…
| June 30, 2011 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Check this out. While researching new ways to save time trading Forex (without sacrificing pips), this trader kind of stumbled upon 2 ’discoveries’ that may surprise you. The first one has to do with a ‘flaw’ in how 90% or more of Forex traders think about trading these markets. It’s deceptively simple… -yet it led him to develop…
Quants: The Alchemists of Wall Street
| June 28, 2011 | Posted by admin under Food for Thought |
Interesting documentary on trading and quantitative analysis/programming (or “quants” – the guys behind the mathematical models). Enjoy, VantagePointTrading.com
What leads gold prices? And where is gold going?
| June 27, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Is there an indicator that leads gold prices? An indicator that can be traded itself but also used to confirm moves in the gold market and predict turning points? If you have been following my recent posts, I have discussed “leaders” and what leads different markets. In this post you will learn what leads Gold…
AUD/USD descending triangle
| June 24, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
There is a descending triangle formation in the AUD/USD. Apex is very close to the long-term uptrend. Downward breaks should be traded with caution as primary uptrend support is not far below the current breakout point (false breakout potential). Prefer the upside break in the context of the long-term trend. Target is 500 pips (rounded down from…
your Forex Trade Alert Software is gone in 4 hrs
| June 23, 2011 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Real quick… This is the final courtesy notice to remind you that your download link to get Bill Poulos’s groundbreaking Forex Income Engine Trade Alert Software EXPIRES in about 4 hours…TONIGHT, Thursday, June 23rd at 11:59pm Eastern (New York time). If you get this message in time, you can probably get in here: http://www.forexincomeengine.com/z/?i=1083859&l=f219 Good Trading, VantagePointTrading.com
S&P 500 Support holds. Copper says “Not for long.”
| June 23, 2011 | Posted by admin under Commodity Analysis, Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
In my recent video on the equity markets I spoke of the multiple divergences that are occuring between indicators and price action. Namely that the indicators did not confirm the rally to new highs that we saw in late April and early May. This warned of a correction…which we have seen…but there is strong evidence…
EUR/USD could correct to 1.3610…or lower
| June 23, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
The EUR/USD has consolidated in a triangle formation after a primary advance which began almost exactly one year ago. A downside breakout of the pattern is likely to spur selling of the EUR into the primary trendline support, currently at 1.3610 (will rise over time as the line is upward sloping). The actual pattern has…
Tutorials Page Updated with lots of content
| June 22, 2011 | Posted by admin under Site Info |
The Tutorials page has been updated with loads of content including articles on trading strategies, trading psychology, inter-market analysis, forex trading, stock trading and day trading. Check it out: http://vantagepointtrading.com/tutorials Cheers, Cory Mitchell, CMT
your second chance at this Forex Income Engine
| June 21, 2011 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
A few weeks ago, I let you in on what has turned out to be onethe biggest Forex surprises of the year: -The Forex Income Engine Trade Alert Software This step-by-step trading program & companion Trade AlertSoftware from 35+ year trader Bill Poulos is a multi-mediapowerhouse that reveals the quickest & most flexible way toachieve…
EUR/AUD forex chart pattern-Flag formation
| June 19, 2011 | Posted by admin under Day Trading Ideas, Forex Technicals, Swing Trading Ideas |
Within the context of a broader downtrend a flag formation has formed in the EUR/AUD. While a flag is a “continuation pattern” it is wise to wait for the breakout of the pattern to the downside. Currently, a downside breakout will occur at 1.3420. That entry point will increase over time as the line is…
SPY outlook heading into week of June 20
| June 19, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas |
Here I take a quick look at SPY – the ETF for the S&P 500. I do provide a target if we break support, and based on current volatility that target will take 3-4 weeks to be hit, less if volatility escalates. Have a great rest of the weekend! Cory Mitchell, CMT You can get…
ETF Indicator that leads the SPY
| June 19, 2011 | Posted by admin under Day Trading Ideas, Intro to Trading, Stock Market Analysis, Swing Trading Ideas, Techncial Analysis Tutorials |
One of the most crucial skills that trader’s fail to develop is being able to isolate market leaders and laggards. Whether trading stocks, forex, commodities or ETF’s based on global conditions, sector or individual performance, identifying leaders is essential. Today, I show you how to use “leaders” to forecast moves in the SPY. Indexes (such…
Countries ranked by worst budgets
| June 16, 2011 | Posted by admin under Economic Data, Food for Thought |
I was looking at country budgets today, and noticed some noteworthy countries in the worst of the worst in terms of world ranking. Ireland, Greece and Spain have gotten a lot of attention lately given what has happened within their economies. These three are part of the global bottom 10 country budgets, we also find…
predicts near-term Forex trend (24 hrs left)
| June 15, 2011 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
Earlier this week, I alerted you to the release of the step-by-step Forex Income Engine program that’s totally taken the Forex trading community by storm. Well, its developer, Bill Poulos, just announced that: He’s pulling it OFF THE MARKET tomorrow, Thursday, June 16th, at 11:59pm Eastern (New York time). That gives you just over 24 hours to secure…
Recent Comments