Be sure to watch today's video where I show you a LIVE trade in the E-Mini S&P 500 (ESZ16) futures where I was able to pull out $550 in a short period of time. Have a great day and I hope the video helps you in your trading. (more…)...
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Legendary trader Richard Dennis said: "You don't get any profit from fundamental analysis. You get profit from buying and selling. So why stick with the appearance when you can go right to the reality of PRICE?" That's why professional traders can make a consistent income with nothing but a blank chart... Price is the foundation from which a successful, long-lasting trading methodology...
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The first rule my dad (and mentor) shared with me was: "Everything you need to know can be found in the chart." It took me years of plotting charts by hand before I understood exactly what he was talking about; however, before long, I began to see predictable, repeatable and reliable chart patterns. Patterns that represented buy and sell signals... ...patterns that told me when a trend...
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Boy it's been a long time since I put out a live trading video, so here you go...a long E-Mini S&P 500 (ESU16) trade that made a few points. Be sure to watch the video for all the details. Be sure to also sign up for my free webinar I'm giving on Wednesday at 1pm ET. http://tcprograms.com/freewebinar-algorithmic-swing-trading/ (more…)...
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Featuring Dr. Reid Weekly Video (more…)...
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The primary focus this morning was on buying the ES on a pullback into 2158.50 / 2156.50 SUPPORT. Contextually, the bigger picture bias is still bullish, there was no real downside momentum in the NYSE TICK and the S&P A/D line was sustaining positive levels when the ES pulled back into 2158.50 / 2156.50 SUPPORT (filling the gap at the 2158.50 Prior Day CLOSE). Additionally, the broad market...
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