The Very Important Difference Between A Target And A Signal

Mar. 23, 2020

Targets And Signals Are Not The Same It took me quite a while to understand the difference between a target and a signal. Things like moving averages, Fibonacci Retracements, and support & resistance lines are targets. Head & Shoulders, Rising Three Methods, and Bullish Crossovers are signals. To be an effective trading, you have to […]

This Is How To Tell When The Market Is Bottomed

Mar. 20, 2020

What Is A Market Bottom And How Do You Know When One Forms With the equities markets in near-freefall and economic doom on the doorsteps of countries around the world traders are right to wonder if there will ever be a bottom. I am here to tell you that yes, there will be a bottom, […]

Back To The Basics Of Support And Resistance

Mar. 16, 2020

There Are Targets And Then There Are Signals With volatility hitting new highs (I refer to the VIX) and markets around the globe swinging like saloon doors the environment for wind-fall quality profits is better than it’s been for a long-time. The problem with this environment, and it’s a problem we all face, is that […]

When The Market Goes Awry, Get Back To Basics

Mar. 13, 2020

Getting Back To The Basics Of Trading The key to successful trading is consistency. You have to consistently execute your trading plan, taking care to follow strict entry rules, in order to gain an edge over the market. This edge should, hopefully, allow you to profit more often then you lose and to win bigger […]

This Is What’s Behind BTCs Weekend Tumble

Mar. 09, 2020

A Secondary Reaction Bitcoin took a surprise tumble this past weekend. Down as much as 16% over the past three days the world’s leading cryptocurrency is now trading at levels not seen since early January. While scary, this move will likely not last long and here is the reason why. Members of a defunct ponzi […]

The Dollar Forecast: Don’t Count On A Dovish Fed

Mar. 02, 2020

The Dollar, It Retraced Itself The dollar index has given up all but the last little bit of its 2020 gains. The move is driven by an increasing expectation the FOMC will cut rates this year and that expectation based on the coronavirus. The coronavirus is spreading around the world, mark my words, the Wuhan […]

Bitcoin Caught A Cold, Is The Bull Market Over?

Feb. 28, 2020

Coronavirus And The Bitcoin Safe-Haven The Coronavirus is spreading around the world. The World Health Organization just upped their rating of the illness to a major global threat. The impact of the virus is more economic than anything else, catching the cold is little more than a bad case of the flu. Regardless, the spreading […]

Gold Is The Hottest Trade Today, All-Time Highs In Sight

Feb. 24, 2020

Gold Gets A Cold The gold market is skyrocketing. The spot price is up nearly 2.0% as I write this and risen more than 13% since the middle of December. The fundamental picture is this, inflows of cash to ETFs and Mutual funds, along with strategic purchases by central banks, is underpinning the move. The […]

Cryptocurrency Market Update: Bitcoin Consolidation Continues, Outlook Bullish

Feb. 21, 2020

Bitcoin Consolidates Above EMA Bitcoin has been on a tear since mid-December. After moving up more than 60% in two months the world’s leading cryptocurrency hit resistance above $10,000 and entered a consolidation. A few week’s ago I suggest this consolidation could last for weeks, that it might move down to test the moving average, […]