So we followed the move from the 58 area to the 64 area as I told you. Six bucks worth of move and not bad. The market cooperated without much fuss. This is a bonus when it does that.
My record at calling these moves ahead of time and giving …
I suppose that this is the only safe place I can post my own thoughts and comments on such events rather than incur the wrath and scorn of social media.
It is no secret of the latest mass shooting in the US. It is everywhere. From one group t…
Obviously most people are acutely aware that the markets don't function as free price discovery mechanisms any more. This is no secret. In fact following my blog here has made that quite apparent for a number of years now. As you have long hea…
As I mentioned to you I am playing the Dollar to the upside. There is not much risk at these levels and I am doing it with the USD/CHF. Now you can do it with the index if you are a futures trader or to the downside if you trade the EUR/USD. You co…
I know most futures traders like to trade crude as it is one of the more easier contracts to trade in theory because of the volatility.
Crude is at a key area where it should move sideways for a bit before falling back down to retest the lows…
You might be one of those traders who is looking for capital. You might be thinking that a trading combine or prop desk is a good place to look. You might be tempted to get into the game using someone's else's capital to minimize the risk.
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I use this as a simple way of gauging whether or not a strategy may or may not be successful in the open market under live and ever changing conditions.
You can see from the attachment below that I doubled a 50,000 account in a relatively s…
You sit down in front of your computer screen. Open the platform and you are ready. You have maybe even done all your homework and you feel you have a great feel for the market today. After all it did exactly what you expected last night. You are p…
Say you are traveling on the Titanic. You have multiple captains from every corner of the world. There are hundreds of them. They all have a say in where the ship heads and what direction is the best to hold course.
Let's say you see the…
Well I'll not say that this was not likely to happen because I told you that it was. I posted a chart below where you can see where the order flow and the movement is being controlled by. I would be looking long anywhere around this area to the…
This is one area that I have always tried to steer you clear of. That is listening to the herd and listening to people who don't know any more than you or even myself.
You cry "wolf" long enough well generally one will show up. …
Look this doesn't have to be rocket science my friends. I told you to prepare for some selling off in the indexes. I told you that it will not be a crash but rather a correction. I told you the index to watch and to use it as a gauge to know wh…
Superbowl Sunday is upon us. It is all in all just another day for me but for millions it is the end of another football season which saw plenty of ups and down for the NFL. The NFL has lost plenty this season. Most notably respect from the people …
When these giant funds do there analysis they take into account a myriad of variables to make their decision on why something might or might not happen in a particular financial instrument. Far too complicated for me to state here it allows them to…
