Posts Tagged by analysis
3 Commodity ETFs Analyzed in a Few Minutes (video)
| June 5, 2011 | Posted by admin under Day Trading Ideas, Stock Market Analysis, Swing Trading Ideas, Techncial Analysis Tutorials |
Just recored a video analysis of GLD, SLV and USO which are ETFs which represent the gold, silver and oil markets respectively. Quick video, I spend about a minute and a half giving a snapshot of what to watch for with potential trade triggers and price targets. After you have watched the video pull up your…
A Good Reminder
| January 31, 2009 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
The following is an article I found which is a good reminder to keep things simple. I generally just use price as an indicator, coupled with chart patterns (past prices). Although occasionally I refer to an RSI or price overlay for confirmation. Here is the article…. Trading Analysis Pitfalls by Ginny Fairham It is very…
EUR/USD Signals
| January 30, 2009 | Posted by admin under Day Trading Ideas |
These signals are for the European session. Please read the How to Use the Free Forex Signals post before using these signals. Sell at 1.2870. Stop 1.2920. Profit targets=1.2800, 1.2710
EUR/USD Signals
| January 29, 2009 | Posted by admin under Day Trading Ideas |
The Following are for the European session. The market is in an interesting spot here. So I am going to give two different trading signals. SELL between 1.3120-1.3130. Stop should be small, only 20 pips or so. First profit target 1.3040, then 1.2980 Alternative: SELL at 1.3174. Stop at 1.3130. Same Profit targets as above. …
EUR/USD signals
| January 28, 2009 | Posted by admin under Day Trading Ideas |
The following are signals for the European session and may run into the US session for January 28. Yesterday saw signals on both sides of the market fail as no definable trends developed. In the current short term range be cautious of taking large position until a trend has reemerged. BUY at 1.3271. Stop=1.3221. Profit…
Million Dollar Traders By Harvey Walsh
| January 27, 2009 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
There’s a great show on British TV – Million Dollar Traders. There are two very important lessons that every trader must understand, that have been perfectly illustrated in this documentary, and I want to discuss those here. Any trader who doesn’t understand these lessons is doomed to fail, just as many of the traders in…
Stock Market Analysis – Tight Range
| January 27, 2009 | Posted by admin under Stock Market Analysis |
The Dow Jones average has slipped into a short term range, but the breakout could be significant – especially to the downside. Currently the Down Jones average is ranging between 7900 and 8300. While volume was edging higher to form a possible bottom in the market, volume has normalized and has fallen off the recent…
Support and Resistance Tutorial
| January 22, 2009 | Posted by admin under Day Trading Ideas, Techncial Analysis Tutorials |
I start with these concepts because they need to be understood in order to use the day trading levels that I post each day. Support Levels are price points at which prices have had a hard time pushing down through in the past. In other words, a support level is a level where price stopped…
Day Trading for Thurs Jan.22
| January 22, 2009 | Posted by admin under Day Trading Ideas |
The SPY rallied back somewhat on Wednesday to close at 84.05, up 3.48. Here are the levels to watch on Thursday. Support Levels: 83.50, 82.85, 82.50, 82.10, 81.75, 81.15, 80.45 Resistance Levels: 84.25, 84.50, 84.75, 85.30, 85.55, 85.75, 86, 86.35, 86.50, 86.75, 87.50
DOW 6000?
I have talked about the Dow Jones Index going to 6000 for quite some time. From the first time we tried to break down to this level we saw a rally, but that rally was stifled on multiple attempts to break above 9000 with any conviction. The market again broke lower and has now failed…