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March 23 Premarket

March 23, 2018-9:26 am traderscott 4

Selling into strength is yes a simple, but very effective approach to risk control in markets. Sometimes we are too early doing this, but other times you find that in context it still works well....

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March 22 Premarket, Is the Fed Overdoing It?

March 22, 2018-9:19 am traderscott 20

Some questions, keeping in mind my way of doing this with trading is to generally avoid economics except from a very, very big-picture view. So – is the Fed pushing too hard on the interest...

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March 21 Premarket

March 21, 2018-9:26 am traderscott 7

With the Fed meeting, I want to get back to interest rate charts. And again, it was late 2015 when I became wildly bearish on short-term interest rates, but still believed long-term rates had not...

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March 20 Premarket

March 20, 2018-9:20 am traderscott 3

For those who did not see yesterday’s comments recap:   This is the comment from 12:30 PM today, with more details below: Meantime, I sold 1/2 of my June 125 GLD calls discussed earlier at...

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Intraday Comments

March 19, 2018-8:10 pm traderscott 2

This is the comment from 12:30 PM today, with more details below: Meantime, I sold 1/2 of my June 125 GLD calls discussed earlier at 2.95, I had a 20% stop, so I’m taking the...

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March 19 Premarket

March 19, 2018-9:25 am traderscott 1

There is a new post here and here and here. This business is all about probabilities and trade setups, that’s it. And we use the trade setups to deal with the uncertainties (probabilities). So developing...

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Accumulation / Distribution

Cup With Handle Probability Structure

March 19, 2018-3:36 am traderscott 4

The cup with handle is exactly the same thing as accumulation, with reaccum into the resistance area top of accum. It is a really good trading pattern, high probability, and there are a few more...

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Approach

Probabilities, Technical Structure, Probabilities, Trade Setups, Probabilities

March 18, 2018-11:24 pm traderscott 0

Yes I realize probabilities is repeated in the title. Why? Because that is all this business is about, there are no certainties. So how do we deal with the no certainties part? By getting back...

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March 16 Premarket

March 16, 2018-9:28 am traderscott 0

New post here, PLEASE view it and study it. The BTC chart I drew up intraday yesterday is below, with my view. The volume is still bothering me. The bond market has been rallying, I’m...

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March 15 Premarket

March 15, 2018-9:26 am traderscott 6

The lagging of global stock market indexes relative to the US is something we’ve discussed several times like here. Many of those are still far below the major top across the globe in October 2007....

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