Ed Dobson is a trader and owner of TRADER’S PRESS, a financial bookstore which operates online and at tradeshows through out the country. He just reviewed my book and I am honored to have my book included in his “top ten trading books ever written.” Below is his review. Purchase YOUR COPY TODAY Book Review … Read More
No high resolution, mybloop still not working.
In yesterday’s video I mentioned the confluence of the 50% retracement of the 2002 low to the 2007 high and the measured move. The measured move target is calculated by taking the high of 55.07 and subtracting from it the low at 41.05 which is 14.02 points or 25.45%. From peak to trough, that is … Read More
Just because gold rallies, it does not mean the mining stocks will advance. The chart below shows the relationship between the Spyder Gold Trust (GLD) and S&P Metals & Mining ETF (XME). The darker shaded candles represent the XME which is close to unchanged since it first started trading in June of 2006, while Gold … Read More
May you live in interesting times.~Chinese proverb and curse
Mybloop is still having problems with their uploader so no high res video today. I hope you saw THIS POST earlier today
To me, it seems like the lowest risk way to handle risk in a bear market. I just posted a live video trade to the bonus tab on the BOOK WEBSITE Remember, the username and password are on pg 184, use lower case to login.
Sure feels like it. Be very careful! The Nasdaq 100 looks like it is headed towards the 50% retracement (near 37) level from the 2002 lows.
Success seems to be largely a matter of hanging on after others have let go.~William Feather Except in the markets where you have to cut losses quickly!
I am not sure who created this. I received it as a powerpoint and recorded it as a video. If you are easily offended by language do not watch it. I am back from vacation and will begin posting regularly on Monday. .