Locating Trades What do you do in locating trades? Markets put in key levels of support and resistance, which can then be traded if the market revisits the area and the price and volume action are right. We give several examples of locating trades on this recent 5-minute chart of the S&P e-minis. Locating Trades on the S&P e-minis The previous day sold off … [Read more...]
Making Trend Trading Easy: A Dynamic Tactic
Take the Vex out of Trend Trading Trends can be vexing for many traders. Because trends happen less frequently than congestion, we can easily get lulled into buying and selling the extremes. In a trend, this can be disastrous. Many traders who make good money fading short-lived market moves give it all back when a trend gets going. It can be hard to shift gears. Making … [Read more...]
What’s the Right Trade: Episode #3
What's the Right Trade We keep getting emails from traders saying they like What's the Right Trade. We are pleased and will continue doing What’s the Right Trade? What's the Right Trade: FX In this week's What's the Right Trade we are look at the one of the key FX markets: the Aussie$/US$. Here we are looking at a 15-minute chart with the Weis Wave cataloging tick volume … [Read more...]
What’s the Right Trade? Answer Episode # 2
What's the Right Trade? Answer What's the Right Trade? Lots of good, solid analysis to the intraday chart problem posted late last week in What's the Right Trade Episode #2. I think this is a nice way to help yourself learn this method, not only by challenging yourself, but also by seeing how others approach their analysis. Lots of good work being done here! Here is my … [Read more...]
What’s the Right Trade #2
What's the Right Trade In our first What's the Right Trade, we had a large number of responses. That's terrific. Many traders had good rationale for making their trading decision, as they saw it, and several wrote in afterwards saying that they learned from the exercise. Traders asked that we keep doing What's the Right Trade, so we will. Here is this week's What's the … [Read more...]
