All Entries Tagged With: "Technical Analysis"
Video Review of the Indexes 1-16-2012
In preparation for the holiday-shortened trading week ahead, let’s examine some important levels to keep an eye on for the indexes.
Week 2 Trades Review (Video)
I wanted to give you a show-and-tell look at the trades I took this week. It should give you a feel for not only how I managed my trades, but also the kinds of setups which have been working well of late.
Setting Stops: Fixed or Variable?
Should a trader utilize the same stop in every trade he makes (regardless of conditions), or should it be based on the unique pattern and therefore vary from trade to trade?
Week 1 Trades Review (Video)
As a trader, I need to be able to diversify by way of different timeframes and direction (long/short) in order to keep maneuvering efficiently. So to help explain this concept and the value of doing it, here’s a video walking through the trades I took last week.
6 Candidates for Position Trades
At the beginning of the year, everyone’s out to make a prediction. Ignore them! Today I want to point you toward 6 stocks which look to have some promise in the months ahead. This is not a prediction of where they’re headed, just a list of setups which look to have some potential.
Burrito Time!
Don’t look now, but CMG is back on the move – and potentially in a very big way. The chart below outlines the large, multi-month ascending triangle that’s been forming, and currently we’re seeing a breakout attempt in the stock.
Always Look to the Left
A friend of mine recently mentioned that the area to the right of price is the only place on a chart where you make money. He’s absolutely right. But I’d add that by also looking to the left, you can save money as well.
