Here’s my answer to the following question which was posted in my comments yesterday by Gary:
I’ve signed up for an evaluation of TC2000, which I was previously unaware of. However, after studying Worden’s videos and Help Contents on individual indicators, I’ve tried to find out if they would recommend where I could find info on [...]
Not surprisingly, yesterday’s action created a lot of bearish candlesticks. I saw a lot of hanging men, bearish engulfings, doji and shooting stars in the charts. I’ll be watching to see if many of those patterns are confirmed by closing below yesterday’s lows.
Currently holding:
I just finished going through my BlogLines feeds and thought I’d pass these articles along:
All That’s Wrong with Mainstream Financial Reporting - An excellent piece that contains a lot more than the title suggests. I think it’s a must-read.
There’s lots of talk about Gold these days:
Gold is Not American - Bill Cara makes a [...]
While I’m waiting for the 10:00 reversal…
I just happened to check my site stats a while ago and noticed I had an unusually high amount of traffic this morning. Over the last couple of weeks I’ve gotten a ton of hits from people searching for “Trader Monthly Magazine”. That’s also the reason [...]
The other day I received a question from a new reader, Mortimer, asking:
How did you identify SIR as a short candidate? And having done so, how do you determine your entry point?
The answer is that it first popped up on one of my scans. Unfortunately I’m not sure which scan it was, but it [...]
First, congratulations to Bill Cara at TraderWizard, for his mention in Barron’s over the weekend. Barron’s seems to be the only major financial media outlet that knows about all the financial blogging going on. I wonder why that is…
We’re set for one of those gap-up openings that I rarely trust. I would [...]
I really wish they’d close the markets on the day after Thanksgiving. This half-day stuff is just silly. Not only is it a waste of people’s time to go in to work today but the low volume bars mess up the charts. Oh well…
I doubt that I’ll initiate any positions today unless [...]
This has to be one of the most ignorant things I’ve ever read:
This new magazine just launched.
From a review:
Trader Monthly is the only magazine specifically designed for the exciting, fast-paced life of the professional trader.
In each issue we’ll bring you news, strategy, and profiles of successful traders from around the globe, along with the [...]
ECST was definitely the trade of the day and week for me. I may have to buy MaoXian another gift (but since his Amazon wishlist has disappeared…
for dropping the knowledge in his trading for dummies lessons. Back in the day I probably would have let this go but now that I’m an [...]
The Nasdaq is testing 2100 again and the SOX is approaching its 200-day moving average (or is the average approaching the SOX?). It’ll be interesting to see if sellers step in here again. Also, it looks like some of the online shopping plays are finally starting to move. I was able to jump [...]
Top New Books
