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 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 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...]

S&P e-Mini & Market Structure The S&P e-Mini is my favorite market to trade.  Because of the liquidity, the market typically has excellent structure.  What is structure, you might ask?  It’s the areas of support and resistance that the market creates and reveals itself on the chart.  When a market is actively traded like the S&Ps, it is usually well-behaved and … [Read more...]