Swing Trading

[Technorati] Tag results for swing trading wrote an interesting post today on
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The Technical Indicator: Three ways to play defense in October (Market Watch) October 1st, 2008 Any way you cut it, September was challenging. Posted in Technical Analysis | No Comments » « Older Entries Tagsbreak-out buy charting charts Commodities currencies currency Dow Jones elliott wave EUR euro Fibonacci forex Fundamentals Futures fx index indicator MACD metals options pattern pre-market QQQQ rally resistance S&P sell short-term shorting signal stock market stocks

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While the congress rejected the bail out bill (barely), they did not, however, pass a bill that states that there would be no more proposition to bail out the investment banks, ie - Wall Street. A likely scenario is that they will keep the PPT (plunge protection team) on a leash and let the market slide a bit more like it did Monday on the news of no passing of the bill. Once the dire predictions from the establishment are realized, the congress will cave in and since there are now less press

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EminiForecaster Blog Extremely Accurate Stock Market Forecasts wrote an interesting post today on
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The Eye of the Storm… Tuesday September 30. That’s how it felt like for most of the day today, a quiet day in between the 777 day drop we had yesterday and Thursday when the house takes up the rescue package bill vote. The bounce that we are had today started from the open, and the fact that it held for more than 1 hour was a nice indication that today was not going to be as bad as yesterday. Market seems to be content in doing a classic 50% retracement from yesterday’s close, but buyers started

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EminiForecaster Blog Extremely Accurate Stock Market Forecasts wrote an interesting post today on
Here’s a quick excerpt
The Eye of the Storm… Tuesday September 30. That’s how it felt like for most of the day today, a quiet day in between the 777 day drop we had yesterday and Thursday when the house takes up the rescue package bill vote. The bounce that we are had today started from the open, and the fact that it held for more than 1 hour was a nice indication that today was not going to be as bad as yesterday. Market seems to be content in doing a classic 50% retracement from yesterday’s close, but buyers started getting more aggressive after a story on FASB rules came out.
 
Today’s afternoon rally was influenced by talk that the SEC is looking into changing the FASB accounting rules on mark-to-market. Markets like the idea, hey why not? Keep changing the rules until something works. But in my opinion the cat is out of […]

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wrote an interesting post today on
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Yesterday we saw a historic decline in the market as the major averages posted some of their worst performances ever. The selloff was harsh, unrelenting, and decisive (to say the least). The damage to many stocks will not be repaired for quite a long time, and it’s safe to say that just as many trading accounts suffered significant losses. In fact, I know that’s true from my recent correspondence with many other traders. Just yesterday I heard from one I’ve known for a couple of years, finding

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Trading Blog: Day Trading, Swing Trading, Trading Psychology Blog at TheStockBandit.net wrote an interesting post today on
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Dow Directions & Day Trading 9/30/08 September 30th, 2008 by Uncle Mike Well I guess I will be a parrot again…. Another wild day on Wall Street. We had a bearish engulfing candle put in today on the Dow. This does bodes well for tomorrow and prices would tend to extend in the same direction based upon this bearish candle formation. We closed just below the 0% retracement level and can not seem to get any traction to the upside. Visit my swing trading subscription page for daytrading the E-

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Trading Blog: Day Trading, Swing Trading, Trading Psychology Blog at TheStockBandit.net wrote an interesting post today on
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StockTock.com 9/29/08 ~ Stock Market Technical Analysis September 30th, 2008 StockTock.com 9/29/08 ~ Stock Market Technical Analysis stocktock 11 min - Sep 30, 2008 StockTock.com discusses today’s historic selloff. We discuss some general rules that traders should keep in mind in this dangerous market environment. Most importantly: Don’t trade just to be in the action. We bring back our Elliot Wave forecast to project potential levels of the support for the S&P. Several important technol

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wrote an interesting post today on
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It’s been a while since I’ve posted a Market Overview since I’ve been focusing so much on trading with the prop firm I recently joined. I’ve found that controlling emotions in the daytrading game is much more difficult than the swing trading game. The funny thing is the analysis is the same, it’s just the psychological part that takes a little more discipline. The below chart is the Dow Jones monthly. The last time I posted I was saying we have a lot further to fall before the decline is over.

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Teach Talk Trade Blog wrote an interesting post today on
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When day trading for a living if you expect to have a long career you should always make risk management your first priority. As one of the partners of the fastest growing proprietary trading firms in NYC we get to speak to many would be professionals. I say “would be” because in our eyes trading to pay your bills is very different than trading when you have a full time job and don’t need the profits to pay the bills. We interview many traders who come to Keystone Trading Group to negotiate a di

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Technical Analysis Trading wrote an interesting post today on
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When day trading for a living if you expect to have a long career you should always make risk management your first priority. As one of the partners of the fastest growing proprietary trading firms in NYC we get to speak to many would be professionals.
I say “would be” because in our eyes trading to pay your bills is very different than trading when you have a full time job and don’t need the profits to pay the bills. We interview many traders who come to Keystone Trading Group to negotiate a different deal than the one they currently have or maybe they are trading from home in a E Trade account and want more buying power. Either way it only takes about 3 minutes for Erik and I to know if we want to add that person to our team: Are they negotiating a big stop loss or are […]

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