Technical Analysis
Dow Continues Sideways…
The Dow gained marginally by 5 points today in a volatile trading day. FundamentalsInvestors were back and forth today as fundamentalists buying into the recovering economic outlook battle technicians selling into the resistance. Intraday range was volatile but also limited due to a lack of strong catalyst on either front. However, the fact that the [...]
Continue reading...I Am Hugely Disappointed In You
8 February 2012 – 12:30 am PST
URGENT: If you’re reading this now, you missed the live show, but you can still watch it on demand, as I made a very cool announcement on a special LiveStock from SureTrader‘s offices in the Bahamas today, check it out … Continue reading → .
Continue reading...3 Penny Stock FAQs I Answered Before I Left For The Bahamas The Other Day
7 February 2012 – 12:20 am PST
Asked the trading challenge Student last night: Real quick before you head off to the bahamas, what advice can you give me for getting into a daily routine, maybe an example of yours i want to start digging in…also what … Continue reading → .
Continue reading...12,800 Gravitational Pull Still Strong
7 February 2012 – 12:20 am PST
The Dow moved sideways today, closing down marginally by 17 points. FundamentalsAfter last Friday’s explosive day, a few sideways days is to be expected especially on a day like this with completely no economic data release. Short term traders took some profit off the table while some investors reallocate back into the safety of bonds. [...]
Continue reading...USD/CAD H4 — Descending Channel Pattern
6 February 2012 – 12:23 am PST
The two recent EUR/USD H4 descending channel patterns were rather successful for me. The USD/JPY D1 horizontal channel pattern is still in an active trade phase. Today, it’s time to look at the new channel pattern — the descending one on the USD/CAD H4 chart. It has enough lower …
Continue reading...Innovation In Trading & Penny Stock Scam Busting: A 72-Minute Podcast You Should Listen To
6 February 2012 – 12:23 am PST
I did this podcast on Endacast a while ago but as trading challenge students know, it’s been a VERY busy few months….the good news is the topics are still valid: In this episode of Endacast, Sal talks to Logan about … Continue reading → .
Continue reading...Forex Technical Analysis for Week 02/06—02/10
5 February 2012 – 12:27 am PST
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.2849 1.2937 1.3048 1.3136 1.3247 1.3335 1.3446 GBP/USD 1.5454 1.5553 1.5684 1.5783 1.5914 1.6013 1.6144 USD/JPY 75.38 75.70 76.13 76.45 76.88 77.20
Continue reading...You Don’t Have To Wait For The IPO, You Can Trade Facebook’s Stock Now!
5 February 2012 – 12:27 am PST
There’s been tons of media hype on Facebook’s IPO, but only one way to make $ on it today: Click here to see how Yup, the actual IPO isn’t for several months but there’s an opportunity to profit now: Don’t … Continue reading → .
Continue reading...EUR/USD Drops Sharply as US Employers Add More Jobs Than Anticipated
4 February 2012 – 12:26 am PST
EUR/USD was rising today, but sank after US nonfarm payrolls came out better than was predicted and unemployment rate unexpectedly decreased. Service industry also showed positive tendencies. On the negative side, factory orders grew with slower pace than was expected by specialists. The currency pair …
Continue reading...How To Make The Most Money On Facebook’s IPO Today
4 February 2012 – 12:26 am PST
UPDATE: I NAILED this drop as the stock tanked $3/share or 10%+ from my initial short at $29ish, now down to the $26 area…stay tuned next week to hear about some solid PennyStocking Silver subscriber and trading challenge student profits … Continue reading → .
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9 February 2012 – 12:20 am PST
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