Trading Bernanke Testimony Days
Traders tend to believe that as traders, they must trade. That’s how we make our living of course. But professionals know when to respect obstacles that can get in their way; or in trader talk: reduce...
View ArticleQOD July 19th
Q: I just opened my first forex account and I’m starting out with a small account during the learning phase. Any advice on which forex pair I should test my strategies with? A: Great question in...
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Weekly Outlook : July 22-26
This focus this week continues to be earnings announcements in the midst of all-time highs. Continue to be vigilant with holding any exposure after the bell since these reports can really move markets....
View ArticleQ.O.D July 26
Q: Can I trade a different equity index future contract such as the Dow (YM) instead of the ES even though the room is focused on the ES? A: Simply put, yes you can and I encourage you to try each...
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The Week Ahead: Outlook: July 29-Aug 2
This week we are blessed or perhaps cursed with a stream of economic reports. Right out of the gate we have Pending Home Sales on Monday. Tuesday continues with Consumer Confidence and Case-Schiller...
View ArticleQ.O.D August 2
Q: I was taught to ‘anchor’ my trades but following the overall trend using a higher timeframe chart. I use a 5-min chart using a 60-min. anchor). Do you have any experience using such a strategy? It...
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Week Ahead Aug 5-Aug 9
As we continue to breach new highs into air, we find a quiet news event summer-trading week lies ahead. Earnings season is also coming towards a close. Both scenarios provide additional edge for...
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Strategies: For big trend moves
In Monday’s post, we advised using strategies that take advantage of range movements rather than going for big trend moves. While market profile is perfectly suited for these types of markets, most...
View ArticleQ.O.D AUG 9th
I found your commentary in the trading room regarding market internals very interesting. Would you say that Market Profile gives you the ‘where’ and market internals gives you the ‘when’ on a trade? We...
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The Week Ahead: 19-23
This coming week is highlighted by FOMC minutes on Wednesday which includes a band of economists and financial television people searching for the ‘t’ word (tapering) and any reference to such action...
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