Alert Trade
The Rain Man Alert gave the signal that this trade was ready to go. The trade was entered and closed out by management decision because of the speed and distance it had gone up. The trade was closed with 105 pips. The trade was taken while day trading using the 15-minute chart for the trend [...]
February 26th, 2009Safe Banking
We thought this was an interesting study on banks.
Hope you enjoy it.
Also if you are interested here is a quick link to some basic terms in investing that we found easy to follow
Tips for Beginners to Retirement Investing
Safe Banking in the United States
Excerpted from Bob Prechter’s Conquer the Crash
If you must bank in [...]
A Fun Question From A Trader
This is a question from a trader that just signed up for Jump Start. The answer will share our feelings about learning to become a good trader.
Question:
Okay great and thank you for your reply. I’ll go through all of the Webinars for the jump-start program and if I have any questions I’ll send them to [...]
Admitting A Trade Has Come To An End
There are two problems: one: figuring out a trend has ended and two: admitting that it has actually ended. Too many traders will stay in a trade thinking it will go on forever or say I will get out at the next move. They have a profit of $100 and will not take a profit [...]
February 20th, 2009Adding On To Trades: Same Effort More Profit
One of the most effective uses of a trend is to enter a small position when a trend has developed or is developing. When other signals present them selves add onto the trade until there is an exit signal.
There are a couple of ways this can be done; One way is to spot the [...]
A Chart Is A Chart
One thing that needs to be stressed is that a chart in the market is the same whether it’s a 5-minute chart or a daily chart. If you could not see the numbers on a chart it would be hard to tell which time frame you are looking at. All charts have the same patterns [...]
February 17th, 2009How to Find A Trending Market
This can be easy once you know what to look for. Your search of how to determine what a trending market is, can take a lot of time and experience but with the right instructions you can find it very quickly. A choppy, or flat market is hard to trade and can lead to overtrading, [...]
February 13th, 2009How to determine when the market is really trending
Would you like to learn a simple technique to determine whether or not the market is really trending? How many times have you been fooled by your Stochastics or RSI indicators? How many times have you sold because your oscillators were screaming overbought then watched the market dip a little and then continue higher, stopping [...]
February 11th, 2009How To Identify The Trend
The market trends only about 25-30% of the time so when it does start to trend a trader needs a way to identify the trend. By being able to identify the trend a trader can always be on the right side of the trend and increase the chances of successful trades
We like to use moving [...]
The Trend
If you want to have a chance of being profitable in the currency market you will need to learn to identify the trend and trade with the trend. People fighting the trend and trying to pick tops and bottoms of movements lose a great deal of money. They will look at the market and think [...]
keep looking »
