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Register Now for the Los Angeles Traders Expo in June

It’s that time of year again!  The Los Angeles Trader’s Expo is now two months away so it’s time to make plans now to attend! The mid-year Expo will take place from Wednesday – Saturday, June 9 –  12. The Traders Expos are great places to meet fellow traders, network with other traders and enthusiasts,…

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Gotta Watch the Finger: Intraday Traders Endure Finger Trade May 11

Ahh the finger trade. One of most traders’ least favorite outcomes and set-ups in the trading environment.

What’s the finger? Read on and let’s see how the market “gave traders the finger” this afternoon.Ahh the finger trade. One of most traders’ least favorite outcomes and set-ups in the trading environment.

What’s the finger? Read on and let’s see how the market “gave traders the finger” this afternoon.

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Updating the Intraday 1987 Crash Comparison to Today

Last Friday, I posted a comparison to the 1987 Crash to Today’s “Crash/Recovery“. The chart below is the 5-min intraday look at the 1987 October 19 crash: This Monday, as a result of the European Bail-out Plan, we see the pattern complete the “Recovery” portion of the crash. Let’s take a look at the current…

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Market Shows the Benefit of Moving Average Levels

This morning’s early activity reminded me of the saying “The market exists to confuse the majority of the people the majority of the time.” The sharp sell-off confused a lot of people last week, while this morning’s rally confused even more people, making the market an equal-opportunity confuser of bulls and bears. However, in the…