Blog Archives

Time-Based Stops

The logic for such a time-based stop: Enter short-term trades where momentum is increasing in the direction of my trade. I will know almost immediately if my entry is with the momentum in the market. The market is either going

Posted in Blog, Futures, General Trading Tagged with: , , , , , , , ,

Breakout trades review and more thoughts …


  Let’s review the past posts briefly for the 5 minute breakout system. We started with a 5 minute chart with only price and volume, then we made an assumption that we will wait for the first 5 minutes to

Posted in Blog, Charting & Analysis, Charts Tagged with: , , , , , , , , , , , , ,

Some thoughts


Some charts and commentary @ 4:30 am EST …. a trading system and .. Yo…. Stockguy22 is Gangnam Style …

Posted in Blog, Charting & Analysis, Charts, Commentary, Emini Futures and Russell Futures, Forex Tagged with: , , , , , , , , , , ,

Weekly Economic Calendar

Weekly Economic Calendar Date ET Release For Consensus Prior Mar 12 2:00 PM Treasury Budget Feb NA -$222.5B Mar 13 8:30 AM Retail Sales Feb NA 0.4% Mar 13 8:30 AM Retail Sales ex-auto Feb NA 0.7% Mar 13 10:00

Posted in Economic Calendar Tagged with: , , , , , , ,

Correlation between price action and VIX

Some background information for new traders about the VIX. A simple Google search has ‘several’ results for the question: “What is the VIX?” VIX is the ticker symbol for the Chicago Board Options Exchange Market Volatility Index, a popular measure of the implied volatility of S&P 500 index options. Often referred

Posted in Charts, Commentary, Currencies, Futures, Indicators, Options, Stocks Tagged with: , , , , , ,

Help you help yourself become a better trader

In my efforts to become a better and more consistent trader, I read a lot of books on trading, psychology, and how to build trading systems. For the last 6 months or so, I have been reading books on market

Posted in Charting & Analysis, Commentary, Futures Tagged with: , , , , , , ,

End of Day Charts, US budget deal, and a mess all around

Charts look good to the upside on an agreement for the U.S. debt going forward.  Europe is basically considering a default for Greece, more printing but less chance the defaults spread to the rest of the PIGS.  Free money, how

Posted in Charting & Analysis, Commentary Tagged with: , , , , , , , , , , , ,

Correlations and Price Swing Patterns on ES TF NQ YM futures in relation to DX (usd futures)

I am going to try to post these correlation charts more.   What I am noticing is the markets while predominantly inversely correlated to the USD, can and do at times move in degrees of postive correlation with the USD.

Posted in Charting & Analysis, Charts, Commentary, Currencies, Futures Tagged with: , , , , ,

Weekend Update for Monday, 2/7/2011

Being an intra-day trader, I don't look at the longer timeframe charts more than once or twice a week.  I find that while its good to analyze and know where you stand, it can intefere with your attitude and bias.

Posted in Commentary, Futures, Stocks, Watchlist Tagged with: , , , , , , , , , , ,

No News Monday Recap – 1/24/2010

As 'No News' Monday ends, and the markets are closed briefly, I like to sit back and review the charts.  I wasn't expecting much for the day, but somehow in the in morning I got it in my head that

Posted in Futures, Options, Stocks Tagged with: , , , , , , , , , , , , , , , , , , , ,