Why Successful Traders Use Fibonacci and the Golden Ratio
Posted on 09. Jun, 2009 by admin.
Why Successful Traders Use Fibonacci and the Golden Ratio
Support and resistance levels on bar charts are a major component in the study of technical analysis. Many traders, including myself, use support and resistance levels to identify entry and exit points when trading markets. When determining support [...]
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Making Sense of FX Broker Stop Loss Policy
Posted on 09. Jun, 2009 by admin.
Making Sense of FX Broker Stop Loss Policy
Why do on-line FX brokers guarantee stops at all? The answer is simple; they make a lot of money from it. Only the on-line FX brokers handle stop loss orders such that a customer?s stop loss order is executed when the level is reached and not breached. In [...]
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Swing Trading: Making $$$ in a Sideways Market
Posted on 08. Jun, 2009 by admin.
Swing Trading: Making $$$ in a Sideways Market
“The Trend is Your Friend” is a tried and true market adage that is indeed one of the most valuable futures trading tenets. However, history shows that most markets tend to move in a non-trending, or “sideways” fashion more of the time [...]
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The Percent “R” Indicator: How to Make it Work for You
Posted on 08. Jun, 2009 by admin.
The Percent “R” Indicator: How to Make it Work for You
The Percent Range (%R) technical indicator was developed by renowned futures author and trader Larry Williams. This system attempts to measure overbought and oversold market conditions. The %R always falls between a value of 100 and 0. [...]
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Experience
Posted on 05. Jun, 2009 by admin.
Experience
Throughout our course on futures trading, we have tried to point out to you that there is a great difference between having an investor attitude and being a trader. There are also many similarities. In one sense, a trader is someone who invests in his own trading ability. Therefore, in that sense trading is investing. [...]
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It’s our job to trade “Futures” not “Histories”
Posted on 05. Jun, 2009 by admin.
It’s our job to trade “Futures” not “Histories”
Throughout the years I’ve been trading and writing I’ve often written about mind set-having the right frame of mind for your trading so you become a winner.
I’ve stated that it is our job to trade “futures,” not “histories.”
The future is the next bar on your chart. You can’t [...]
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This is What Real Credit Growth Looks Like
Posted on 04. Jun, 2009 by admin.
The Federal Reserve keeps thorough records of U.S. consumer credit, and most of the data goes back 30 years or longer. They put it all on the Internet, too. Scroll through the numbers, and before long you’ll have what amounts to a crash course in how rapidly the debt levels have grown during just one [...]
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Performance, Fortune,& the U.S. President
Posted on 04. Jun, 2009 by admin.
Many people study U.S. political history, others study U.S. economic history, and a relative few individuals look closely enough at both to see the strong connection — specifically, the link between the performance of the stock market and the fortunes of the president.
The closer you look the more obvious the link becomes. Only fighting a [...]
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How Fast Can an Economy Go From Good to Bad?
Posted on 03. Jun, 2009 by admin.
How Fast Can an Economy Go From Good to Bad?
The most recent GDP figures seem to echo what Fed Chairman Greenspan said in February in his semiannual Monetary Policy Report to the Congress. For brevity’s sake I’ll condense his opinion about the U.S. economy into three words: All is well.
I could offer a fact-filled and [...]
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Exits are the Key to Making Money
Posted on 02. Jun, 2009 by admin.
Exits are the Key to Making Money
As I mentioned in the last tip, I decided to prove to myself that one could make money with random entry. I designed a system that traded 10 commodities over a ten year period. It was always in the market on all ten positions so that when it exited, [...]
