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4/27 Premarket

April 27, 2017-9:03 am traderscott 0

Today’s news item which markets have to deal with is the ECB decision on interest rates and QE. The central bankers days of glory are tied to the low rates -they appear to be magicians,...

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4/26 Comments 2 PM

April 26, 2017-1:58 pm traderscott 6

There are several stocks on the move today. NADL had another rocket ship move today, Stevie took some profits into the highs. Let’s see if there’a reaction buy setup later. A few days ago, I...

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4/26 Premarket

April 26, 2017-9:02 am traderscott 2

The latest thing markets are fixated on is the “Trump tax plan” – claiming this is going to be the biggest tax plan in history. We have no idea what any of this means, but...

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Chart Patterns vs. Trading Patterns CALI CYTR JNUG

April 26, 2017-8:05 am traderscott 2

There will be more posts about this topic – chart patterns vs. trading patterns. Start thinking about it, because there is a world of difference....

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4/25 Comments 3:50 PM

April 25, 2017-3:51 pm traderscott 10

From 4/19: For weeks, I kept repeating that “a blast off thru 24 in GDX” would cause me to sell miners, and that April was a cautionary period (and gold itself was my preference). And...

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4/25 Premarket

April 25, 2017-8:55 am traderscott 2

There has been some analysis recently about how gold and silver are “holding up well” to the attacks by the “gold cartel”, and how the “PPT” is not allowing the stock market to sell off....

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Approach

More About Getting Set Up to Trade

April 25, 2017-1:16 am traderscott 0

There is a lot which goes into setting up a “life” as a trader, no matter what the time frame of the individual. This video is about some quick efficient ways to set things up...

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Reaction Buy After Buying Climax #2 – Upper Level

April 25, 2017-12:51 am traderscott 0

One of the higher probability trades out there is the first day reaction buy after a buying climax. After the buying climax (you’ll know it once the first good selling wave occurs – that is...

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4/24 Premarket

April 24, 2017-9:07 am traderscott 7

The election is having its effects, and it isn’t going to change any of the bigger trends, but this business is about trading. And this first round will be followed by round 2, so there...

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Becoming a Better Trader

Different Types of Trade Setups

April 24, 2017-8:20 am traderscott 0

There are all different types of trade setups. The big one day moves are the attention grabbers, but it’s the smaller in and out trades which really “pay the bills”. We need to stay vigilant...

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