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Bounces, Rallies, Resistance, the Creek – Silver

July 4, 2017-8:52 am traderscott 2

Markets are about continuity, and context. There is no beginning, nor an end, there is a continuous flow/waves and all kinds of opportunities (to make or to lose). There are setups on all different time-frames,...

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Becoming a Better Trader

Terminal Shakeout vs Ordinary Shakeout

July 4, 2017-12:54 am traderscott 7

Accumulation and distribution are the most powerful tools for giving us confidence about the future direction of markets, on any time frame actually. And springs, upthrusts, and shakeouts are the (potentially) best entry points. So...

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7/3 Premarket (Corrected)

July 3, 2017-9:18 am traderscott 4

On this holiday shortened Monday, gold is continuing to get hit, and is still in an unfavorable time frame until next week. Support area is 1214, and they may try to start a higher support...

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6/30 Premarket

June 30, 2017-9:21 am traderscott 0

In the 2 videos yesterday, here and here, the scenarios for different markets are discussed. The QQQ/market is coming into a sort of holiday weekend mode in the US, and QQQ is into a support...

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Trade Details Support Resistance Short Term Accumulation

June 30, 2017-7:52 am traderscott 0

The video below digs into trade details from Thursday’s trading –  both getting short and getting long – and what were the clues to look for....

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6/29 Premarket

June 29, 2017-9:17 am traderscott 0

The bond market is continuing to get hit, and right when the usual crowd was coming up with excuses as to why yields were going to keep plummeting. I’ve been chronicling the change in sentiment...

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6/28 Premarket

June 28, 2017-9:18 am traderscott 0

In yesterday’s premarket, I said to watch the QQQ, and it is becoming a problem as we roll thru June. I am not trading it, but using it as reference for all stock trading. And...

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Setup in Gold and the Future

June 28, 2017-1:09 am traderscott 12

My partner and I are trying to show that a small account should not be an obstacle to trading well. I’ve geared my trading to the small account mindset. And trying to keep daytrading to...

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6/27 Premarket

June 27, 2017-9:11 am traderscott 1

Gold -so we can see the “power” of a SC and retesting – from yesterday’s premarket with the included chart which at the time was only a setup: “The action appears short-term climactic, with a...

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6/26 Premarket

June 26, 2017-9:12 am traderscott 0

The gold market got hit this morning for who knows what reason. My approach coming into today was to sell/short into a spike, which obviously isn’t going to happen. The early part of this week...

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