Start of a New Decade Tech Update
Hello Traders-
Every year, at the end of the year, I use the slow weeks around the Holidays to look over both my hardware and software to see if anything needs to be updated or organized differently moving forward. Sometimes, I adjust my stock, options, futures, or forex layouts. Sometimes, I buy a new computer. This year, I bought new monitors.
I went with 32" CURVED Samsung 4k monitors. The…
2013 Market Recap and 2014 Preview
Every year, we wrap the year with a summary of what the markets did for the year and a general discussion of our results. If you'll recall, in the report at the end of 2012 leading into 2013, we had just averted the Fiscal Cliff although the extension to the debt ceiling had only been two months. My expectation was that market volume would pick up, stocks would remain solid and maybe even get…
2013 Market Recap and 2014 Preview
Every year, we wrap the year with a summary of what the markets did for the year and a general discussion of our results. If you'll recall, in the report at the end of 2012 leading into 2013, we had just averted the Fiscal Cliff although the extension to the debt ceiling had only been two months. My expectation was that market volume would pick up, stocks would remain solid and maybe even get…
Trade Size by Asset Class Update for 7/12/13
A couple of months ago, we talked about the fact that we would update our subscribers regularly about how we view the three asset classes that we trade (Stocks, Futures, Forex) currently so that they can adjust their trading size. In the last two weeks, I've received several emails from subscribers asking if it is time to lower our size on Forex, which often dries up a bit in the late summer as…
Trading Size by Asset Class
I wanted to take a few minutes of your time to discuss trading size in the various marketplaces that we trade (stocks, futures, and Forex) and how it relates to our trade calls and signals in those markets. This conversation comes out of some of the comments that we received from the survey that we sent out last month. We discussed this briefly in the Trading Lab, but I want to have a more direct…
The Sequester and the Markets
I wanted to talk a bit about the sequester and its impact on the markets from a trading perspective. Before we get into the sequester itself, let's take a look at volume and discuss some of our thresholds.
First of all, here's volume from April 2009 to April 2010. Each of these charts is going to show the daily NASDAQ volume, with a 10-day moving average of that volume, and three horizontal…
The Sequester and the Markets
I wanted to talk a bit about the sequester and its impact on the markets from a trading perspective. Before we get into the sequester itself, let's take a look at volume and discuss some of our thresholds.
First of all, here's volume from April 2009 to April 2010. Each of these charts is going to show the daily NASDAQ volume, with a 10-day moving average of that volume, and three horizontal…
Tradesight 2012 End of Year Market Summary
As usual, we wrap up the year with a report about the markets and our trading for the last twelve months (here's a link to last year's report). Having been involved in and trading the markets now for over 20 years, I have to say that this year was unique in many ways, most of them not really positive for trading. Volume and activity were way down in all three asset classes that we trade (stocks,…
Tradesight 2012 End of Year Market Summary
As usual, we wrap up the year with a report about the markets and our trading for the last twelve months (here's a link to last year's report). Having been involved in and trading the markets now for over 20 years, I have to say that this year was unique in many ways, most of them not really positive for trading. Volume and activity were way down in all three asset classes that we trade (stocks,…
A Discussion of Forex Ranges
I get a lot of questions about the bad ranges that we are experiencing in Forex right now and what that means and whether the Forex market is now dead forever because of the regulations that have come about in the last few years, some of which protect consumers, but others cut leverage and do things that some people believe affect the market negatively in terms of range.
Let me start by shooting…