For this week set-up let’s look at ATH (Athenahealth, Inc.) The stock has found support at $58.91 where it made a new low on 10/25. On 10/26 it bounced up to $63.70. The chart below shows a high THD ADX (*) value o 76.91 (see...Read More
Month: October 2012
Oct 28, 2012 | Daytrading Futures, Forex, Commodities and Binary Options
It is time for our weekly review of what actually happened in the market last week. Last week, in our blog for the weekly update, we informed everyone that the $SPX, weekly chart showed an increase in buying volume on a down...Read More
Oct 25, 2012 | Directional Volume Price Analysis Indicator
Last week when Richard was in the trading room he commented on how slow the markets were moving. Richard generally trades the evening market (based on eastern time). If you have ever pursued the Asian market in the evening you...Read More
Oct 22, 2012 | Volume Divergence indicator for trading
As indicated in my prior comments on the blog, now is time to look for a potential trade. As I mentioned before, last Friday’s closing has many stocks sitting at or near a THD ATR (*). This means that the stock will either...Read More
Oct 21, 2012 | Daytrading Futures, Forex, Commodities and Binary Options
This week’s market overview highlights what we anticipate the futures market to do for the...Read More
TradingView Charts are the Best!
Open a free account today with TradingView!
CFTC RULE 4.41
Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquity. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of future results.