Posts Tagged by investors
Recent Day Trading and Investing Article Publications
| April 14, 2009 | Posted by admin under Intro to Trading, Site Info, Techncial Analysis Tutorials |
Here are a few articles I recently wrote for Investopedia/Forbes Digital – all free to access. Trading The Non-Farm Payroll Report – http://www.investopedia.com/articles/forex/09/non-farm-payroll-report.asp – by Cory Mitchell Pyramid Your Way To Profits – http://www.investopedia.com/articles/trading/09/pyramid-trading.asp – by Cory Mitchell Intermarket Relationships: Follow the Cycle – http://www.investopedia.com/articles/fundamental-analysis/09/intermarket-relations.asp – by Cory Mitchell —————————- Have you ever wondered why…
Gain a Better Understanding of the Relative Strength Indicator ( RSI )
| April 11, 2009 | Posted by admin under Intro to Trading, Techncial Analysis Tutorials |
With the slow markets yesterday and earlier today, due to Easter holidays in many places (and hence no day trading signal last night/this morning), I thought it would be good to provide a little insight into one of the indicators I use…the RSI. In the USD/JPY Swing Trade set-up below I mentioned a few things…
USD/JPY Forex Swing Trade Signal and Set-UP
| April 9, 2009 | Posted by admin under Forex Technicals |
The USD/JPY pair broke above the 99.50 resistance level a few days ago, and has since retreated. The retreat took the pair back to a low 99.30 – right near the top of the old resistance area. The fact the market held this level, combined with a strong day today which is pushing the price…
USD/CAD Trade Update
| March 26, 2009 | Posted by admin under Forex Technicals |
View last post for this trade here: http://vantagepointtrading.com/archives/1071 Original post can be viewed from that post. Entry was at 1.2719 This trade has already realized a 500 pip profit on part of the position. Profit targets hit so far are 1.2430 (a 289 pip profit). We have also hit the target at 1.2200 (a 519…
Longer Term Trade Updates USD/JPY & USD/CAD
| March 18, 2009 | Posted by admin under Forex Technicals |
With some major rate action coming from the FOMC announcement on Wednesday, I am going to update the Longer Term trade setups I have mentioned. ——— First, recently I wrote of a potential trade in the USD/JPY pair. The trade was a potential upside breakout. See original post here: http://vantagepointtrading.com/archives/1061. This set up did not…
GBP/JPY Approaching Longer Term Resistance
| March 17, 2009 | Posted by admin under Forex Technicals |
The GBP/JPY is moving back up towards the 1.4200 level, a level which it has tested on a few occasions and has been pushed back down. This is a level to be aware of. A confirmed break above 1.4200 would mean potential profit targets at 1.4600, 1.5400, 1.5900 and then 1.6400. These profit targets will…
Is the FDIC In Trouble?
| March 10, 2009 | Posted by admin under Stock Market Analysis |
The Federal Deposit Insurance Corporation is a member bank funded insurer that covers cash deposits up to $250,000. There has been talk recently that if the fund has become depleted and is in danger. So the questions become: Are deposits at risk? And how will the FDIC rebuild its depleted reserves? The second question is…
USD/CAD Forex Swing Trade Signal-Update
| March 9, 2009 | Posted by admin under Forex Technicals |
The pair did make a break above the strong resistance level of 1.3000, but failed to hold above it by the close (24:00 GMT is what I use for daily bars). The upper shadow does show selling pressure, similar to what we saw on the last two attempts at this level. But even though the…
GBP/USD Longer Term Analysis – Update
| March 9, 2009 | Posted by admin under Forex Technicals |
GBP/USD has definitely broken below the 1.4000. Currently trading at around 1.3770 it is moving towards the target of 1.3500. A break below 1.3500 would signify a major move over the long term to 1.3000 and possibly down to 1.2000. Of course there will be more entry points if this were to materialize. A closing…
Dow Catches a Chill From Falling So Fast
| March 5, 2009 | Posted by admin under Stock Market Analysis |
On Wednesday after the market closed, everyone was talking about a market rally (from the reports I saw/read). Up 130 points was just the move that was the result of restored confidence, but not only that, it was going to trigger further rallying. Well, Thursday showed market participants that the bear is still more likely…
Larger Perspective on Current Stock Market Fall
| March 3, 2009 | Posted by admin under Stock Market Analysis |
I wanted to bring up a few things about the current problems in the stock market. The near term target is now 6000 (see my previous posts in the Market Blog category). If we pan out to a very long term view of the indexes, both the S&P (1950-now) and the Dow (1930-now) we see…
US Stocks Confirm Further Downswing
| March 2, 2009 | Posted by admin under Stock Market Analysis |
The DOW broke below 7500 and then respected that level, before falling below support at 7100. This action by the DOW confirms, or makes much more likely, another primary downswing to the target of 6000. ~Cory Mitchell
Proposed Tax Bill Could Cause Major Problems for US Traders
| February 25, 2009 | Posted by admin under Stock Market Analysis |
A proposed House of Representatives bill-HR 1068 would tax each buy and sell order by up to 25 basis points of the transaction value. While it is hard to say at this point whether the bill will be passed I encourage active traders and investors in US markets to do what they can to oppose…
DOW 6000?
| February 21, 2009 | Posted by admin under Stock Market Analysis |
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…
Bond Market to Feds: Drop Dead!
The following is a newsletter article from Larry Levin of www.secretsoftraders.com and it touches on the ice berg of a major issue. Some of this is opinion, although opinion from a successful trader who understands the markets. That said, always read between the lines as numbers can be made to look pretty much any way…