The Nadex touch brackets on the US indices provides profits today in this downward move. The higher time frame charts indicated that a resistance area had formed on both the Dow Jones and the Nasdaq. The most likely path would be for the indices to move down after the opening. The key was allowing room […]
Yesterday in the traders webinar, we tracked an excellent example of how the TradersHelpDesk indicators predicted where price would go on the AUDUSD. Here’s a recap of the trade. Initial Trade Setup on AUDUSD Since the traders webinar was scheduled to open at 8 am New York time, the trade was entered because the AUDUSD […]
The emini Dow Jones may have a potential fall early in the week. Here’s the recap of the pattern. The weekly chart shows that the emini Dow Jones has retraced back to the ATR after the magenta dot plots on the ADX. The daily chart stochastics is indicating that the market is overextended to the […]
Traders often send me questions about the markets or issues they are having. Below is the list of the most frequently asked questions that I have received. If you have an additional question, use the Contact option to send me your question.
Stocks & Commodities: Trading the Indices Ever thought of trading the Russell 2000? New traders are drawn to the emini Standard & Poor’s 500 like bees to honey. Go into any live trading room and chances are that the moderators are teaching traders to trade the emini S&P 500 because it has more liquidity than […]