The stochastics indicator measures the momentum of the market and can warn as to when a market is perceived to be overbought or oversold. Any reading above 80 is considered overbought and below 20 is considered oversold. Swing traders use the stochatic indicator to buy when the indicator is showing that the market is oversold [...]
The Outside – Inside Bar trigger. Yet another potential trigger that I would like to share with you. For the set up you can use any time period chart – 10, 60 or 4 hour charts for example with a 20 period moving average. A filter of only trading in the direction of the moving [...]
After a brief hiatus we are back with some support and resistance levels to watch out for during the coming week on the ES, EURUSD, AUDUSD, USDJPY, and GBPUSD. Keep in mind that the German, British, and Canadian markets will be closed on Monday. Please submit any charts you’ve marked up for potential publishing here [...]
This is a post via SMB Capital, I thought it good to show: We have all seen so many lists of trading rules that we sort of become numb to them. Even if they contain good advice (“always respect your stops”), they are so omnipresent in the trading literature and on internet forums that we [...]
Whats the trigger !!! Whats the trigger !!! Many in the channel think that all we do is counter trend trade and never look for the forward trend trade plan. Though true 70% of my trading is counter trend, we do some time look for the forward trend trade set ups. I am going to attempt [...]
The London Stock Exchange will be closed on Monday, May 3rd. The Tokyo Stock Exchange will be closed until Thursday, May 6th. Make sure you take this into account when looking at the market going into next week. Here are some support and resistance levels as well as some analysis for the coming week on [...]
Here is some analysis as well as support and resistance levels to watch during this coming week for the E-mini S&P500, EURUSD, AUDUSD, USDJPY, and GBPUSD. Make sure to join Snobtrader each morning for the London session and Blue each day for the New York session at www.blue-point-trading.com/television for Live Internet Market Commentary.
Here are some support and resistance levels to watch for the coming week along with a little analysis for the E-mini S&P500, EURUSD, AUDUSD, USDJPY, and GBPUSD. Join us during the European and New York sessions for Live Internet Market Commentary all week.
Here are your support and resistance levels for the coming week with a little commentary on what to watch out for. Thanks to everyone on the stream for their participation. Join us every day on the chat for Live Internet Market Commentary, Tuesday from 2:00pm-4:15pm EST for my show and Thursday mornings European session for [...]
Bluepoint daily market view – June 25, 2010
For reprint the following is an analysis of the “Flash Crash” from www.nanex.net. It is pretty much as they said, the race between exchange pricing and a cycle spiral down. I personal think that time delay should be enforced to not give any advantage to high speed trading. This pretty much their recommendation as well. Their analysis: There are [...]