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6/2 Premarket

June 2, 2017-9:23 am traderscott 2

There will be an update later about markets with bonds (remember in early December how bonds were “crashing”) and gold at new highs, and the euro approaching major resistance. Stocks – there have been a lot...

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6/2 Premarket

June 2, 2017-8:24 am traderscott 2

The jobs number is out this morning, and like with all “economic statistics”, they are just noise, but people put a lot of faith in them. I keep trying to show that “news” (econ stats,...

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6/1 Premarket

June 1, 2017-9:16 am traderscott 2

The “employment” number is tomorrow, and gold and silver are doing their normal weakness prior to the release. That part is fine, but it’s this time frame now, as we are into June. And if gold is supposedly the...

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5/31 Comments

May 31, 2017-3:59 pm traderscott 4

The setup is extremely important, no matter what the time frame. And there are way more intraday setups than longer term setups, so there are many more opportunities to learn from them, even if we...

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5/31 Premarket This was mailed out in full this morning.

May 31, 2017-9:40 am traderscott 0

This is certainly not a bearish outlook for “stock market bubbles” and “crashes”, as for years I have vehemently disagreed with the stock market permabears. Stocks are in a huge secular uptrend. But all uptrends...

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5/30 Premarket

May 30, 2017-9:09 am traderscott 3

Basically the same comments about gold as per last week, at the top of the range, and a lousy entry point. Gold is backing off from the resistance, bigger picture which is a better situation than...

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Using Volatility To Give Us An Edge

May 29, 2017-6:10 pm traderscott 2

The following video is about GLYC, which I still have 1/2 a short position in. Volatility is a great tool to “allow” nice entry points into markets, but where is that volatility coming from, and...

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Approach

Implementing the Method

May 29, 2017-1:36 pm traderscott 0

Obviously the point of trading is to trade – wow, brilliant Scott. So learning a method is very important, but it’s learning to implement that method into actual trading which is the whole point. And...

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Effort vs. Result

Change of Character

May 28, 2017-1:24 am traderscott 16

Sometimes we need to make this, meaning going over (studying) the charts, much simpler. So just stepping back and viewing charts from a trend change in character is very helpful. We’ll take a look at...

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Becoming a Better Trader

Buying Springs GDX

May 26, 2017-8:27 pm traderscott 6

Springs are one of the highest probability trades around, and there are many aspects to these opportunities. We’ll continue taking a look at some of the variables involved here, and where/how to actually step into...

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