I have long said that day trading is nothing more than a game of cat and mouse. It is NOT random. Never has been and never will be as long as profits are the bottom line of traders and liquidity providers. I mean why else would you trade. The idea …
Some people charge a small fortune for giving advanced volume areas you need to watch. Well I just gave them to you free. Just look at the chart below and if you are a day trader or swing trader these are the most likely areas to watch. With CL (oi…
I usually reserve this for the later part of 2017 around new years but I think now is as good a time as any to give you a short peek at what I think is going to happen during the year. Keep in mind that you are looking at weekly charts. This could …
This is the time of year where every pundit out there crows about his/her remarkable track record and how if you had followed them you would have become extremely wealthy. You hear it almost every day don't you. The reality is everyone's re…
The very first question that is asked in most cases is, "is there an everything bubble"?
My quick answer is "No".
In light of all the central bank printing one would easily conclude that I am full of it and simply skip thr…
The cartel that controls this casino usually tip their hand if you know what to look for. Most people simply look at the daily volume areas and try to extrapolate what price is likely to do. Obviously if enough traders see something which is the pr…
I think volume trading is one of the most misunderstood areas of trading. Like any support and resistance it is NOT what it seems. I have long said that volume is an area not a line in the sand. It never has been and never will be. There area a lot…
