Elite Trader

The trend is indeed your friend. Charts as well as how stocks close is paramount. In an upward market, stocks may gap lower in the morning and meander through out the day only to still close down but well off the lows. I see this when markets and stocks are defended at certain moving averages and support levels. Sincerely, The Golden boy

I didn't expect to uncover anything in a model-dependent environment, but I assumed if I found anything it would be the result of the American to European synthetic equivalence. A few weeks into the fun I began modeling neutral-delta binary range equivalence; in which a neutral touch/hit box is modeled with the minimum platform duration of five minutes. The "barrier/binary range" OTC exotic is a path-independent (Euro convention) exotic; price must strike[outstrike] a point inside[outside] two... Read more

CPI this week to kick this off , FOMC next week . Anyone in ?

CPI this week to kick this off , FOMC next week . Anyone in ?

WU. It sure looks cheap, and they had a good quarter. Sounds like they are a turn around type company. I bought some at $10.85. Of course its dropped. 10.68.

WU. It sure looks cheap, and they had a good quarter. Sounds like they are a turn around type company. I bought some at $10.85. Of course its dropped. 10.68.

In November of 2015 I developed a successful multiple simple moving average envelope recipe for trading the Forex market that I have been tweaking ever since. As of yesterday however, I suspect that this 3-year endeavor essentially came to an end, so the purpose of this new journal is to simply provide myself with a convenient location to informally archive my activity going forward, which I believe will facilitate any attempts I might make to recall past thoughts or whatnot at various... Read more

Longer term position player looking to post here some shorter term ES trades to begin to get a feel for the intraday movements etc. Some positions will be held overnight and I will use this as a training ground to get stops put in at correct levels etc. It may take me a while to get good. I am used to holding positions for weeks and months. I'll be posting here Jan 1.

Longer term position player looking to post here some shorter term ES trades to begin to get a feel for the intraday movements etc. Some positions will be held overnight and I will use this as a training ground to get stops put in at correct levels etc. It may take me a while to get good. I am used to holding positions for weeks and months. I'll be posting here Jan 1.

These will be thinned out, and more will be added, but I wanted to write them down. RTX VEEV JBLU AJG PD KR BGC No particular order... and note.... Cramer pumped RTX tonight.... but I am on the record a few weeks prior lol ( https://www.elitetrader.com/et/threads/gba-presents-house-of-gummy.374311/page-1052#post-5901980 ) so don't think I'm parroting him if you watch the show. This is just a rough draft. Still working on the grandaddy of them all: vanzandt said: The cyber-security stocks will... More... Read more

Never before secrets of the market will be revealed. Revelations will turn secrets into public consumption. Consuming revealed secrets will add riches to your pile. Stay tuned for further secrets of the market revealed.

Most traders have experienced this: After entering a trade, price suddenly moves the other way and hits the stop – then shortly after continues toward the original target. This can happen repeatedly, sometimes several times in a single day. What you’re seeing is a common market behavior called a liquidity sweep. → Click here to see how LIQ Sweep Hunter can help you avoid these stop-outs. Large institutional participants often push price through important levels to... Read more