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Trend Absorption #1

May 18, 2017-2:30 am traderscott 2

Recognizing a trade setup is the real goal of all of this. So with that in mind, there are going to be videos ongoing about recognizing different trade setups. This one is about trend absorption....

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The Entry Points Market Blog

The Weak Hands Do It Again

May 18, 2017-12:05 am traderscott 3

The Entry Points From May 9th premarket – recap: ….Having said this, the $ is at a resistance area short term. Gold is mainly weak now because of the Yen. This week should see a bottom […]

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517 Premarket

May 17, 2017-9:08 am traderscott 5

The Euro continues to rally, $ down mostly due to the Euro, but the Yen did bottom last week, and the rally has kicked in, helping gold. Silver likes the weak $. I’m taking a hit in...

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5/16 Comments

May 16, 2017-2:54 pm traderscott 0

Stocks in the “news” –  XGTI with a history of buying climaxes, good stock to watch for learning material, if nothing else. People love it today. Also MNKD, with the heaviest volume ever, right into the highs,...

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5/16 Comments

May 16, 2017-2:53 pm traderscott 4

Stocks moving out there, and some things to look for to filter out. And check the news, with stocks I tell you when a stock has some legitimate news, like PIRS, IMMU, FEYE, etc. Meaning...

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5/16 Comments

May 16, 2017-9:29 am traderscott 2

DRRX with the gap resistance. NERV with the absorption, and the rally. So let’s see what kind of reaction potentially can set up, just watching for now. USRM is in the trading range with the recent absorption, and...

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5/16 Premarket

May 16, 2017-8:59 am traderscott 2

The rally continues in the Euro, it’s always amazing what big SOSes can lead to. And it’s why it’s important to understand and recognize at least the more powerful technical situations like climaxes, and SOSes....

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Politics/Geopolitics

How the Democrats Are Trying to Beat Back Trump

May 16, 2017-7:07 am Stevie 0

The Landscape of the Left Bloomberg Democrats are struggling to challenge President Donald Trump, and with control over nothing in Washington, they’re relying for now on the power of saying “no.” The minority party won major […]

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Becoming a Better Trader

Buying Climaxes and Upthrusts

May 16, 2017-1:51 am traderscott 0

Buying climaxes and upthrusts are quite similar, but quite different. There will be more discussions about this. In general, once again, it’s about the total technical position of a market, and where/how these events fit...

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Trend Exorption #1 vs Trend Absorption #1

May 16, 2017-1:14 am traderscott 0

This is a tricky one – the difference between trend exorption and reaction accumulation/reaccumulation/absorption. The general key here is that like always, we need to have an overall view of the technical position of markets....

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