Latest Update on the BRITISH POUND
Thursday, December 20th, 2007Leg 1 of Bull Break has occurred on the BRITISH POUND SWING Chart.
Archive for December, 2007
Leg 1 of Bull Break has occurred on the BRITISH POUND SWING Chart.
BRITISH POUND Futures in danger of Leg 1 of Bull Break happening, on the SWING Chart
Wednesday, December 19th, 2007My BRITISH POUND Futures SWING Chart above...
Leg 3 in Progress, on the TREND Chart?
Wednesday, December 19th, 2007My ES TREND Chart above... PRICE is definitely doing Leg 3 of Bear Break...whether it fails or not (meaning a PRIME Lower High), we will know tonite.
How Futures Traders Use Stochastics
Saturday, December 8th, 2007Popularized by legendary futures trader George Lane, the stochastic oscillator (commonly called stochastics) is a timing indicator widely used by futures traders to indicate overbought or oversold positions. Stochastics compares closing price to price range over a specified time period. The driving principle can be summarized as follows: (more…)
Futures Trading Methods: Are You A Scalper Or Swing Trader?
Saturday, December 8th, 2007Futures traders come in all flavors but it’s basically a Neapolitan world. You can be a scalper, swing trader or a combination trader. Mindset and methodology generally determine in which sector of the futures trading world you’ll thrive. Scalpers. Scalpers seek immediate gratification. They look for short-term market movements seeking to ...
Futures Traders Must Juggle Multiple Variables
Monday, December 3rd, 2007Futures contracts are complex financial instruments and trading them demands constant daily, even hourly, monitoring. When you trade futures, there are myriad shifting variables that must be monitored continuously. Trading futures is about minimizing risk and maximizing profits. Profits are often made on small price points in an interval of ...