Jun
5
Stock Graduate Call Notes 6-5-14: Trade Entries
Trade Entries Tonight we talked about some of my option trade entries on different stocks. One of the more common themes for a trade entry was illustrated by a trade into Southwest Airlines, symbol LUV. You can refer to a snapshot of the chart below from StockCharts.com. The setup of the chart is using 3 commonly used indicators with their default parameters. The indicators are the RSI, MACD, and Slow Stochastics. Three simple moving averages are used: the 50 (blue line), 20 (red line), and 7 (green line). I am […]
Jun
5
Protected: Stock Graduate Call 6-5-14: Trade Entries
There is no excerpt because this is a protected post.
Jun
3
Forex Graduate Call Notes 6-3-14: Returning Trends
Over the last couple of months, most of the majors have struggled to give a clear direction. Trends were either non-existent or very weak. There was a lot of trading that was within defined ranges or where consolidation was occurring. Longer term traders were looking for a breakout of the ranges or a break from the consolidating. We are now seeing this. We are seeing some solid support/resistance levels broken in the last week or two. In order for any longer trend to continue, support/resistance levels need to be broken. […]
Jun
3
Protected: Forex Graduate Call 6-3-14: Returning Trends
There is no excerpt because this is a protected post.