The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Trading Thought of the Day – June 28, 2011
However, when trading with 60% edge, there’s still a 40% chance of being wrong and a 6.4% chance of being wrong three times in a row. – Adam Grimes
My Take On The Market
My view on the market is encapsulated via a chart on the SPY for the past several weeks. We have been in consolidation mode for 16 days now. I am starting to wonder if we will continue to stay in this range until earnings seasons begins. Each time we have moved to the 126.60 support area buyers have stepped in. … Read More
SMB Morning Rundown – June 27, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Trading Thought of the Day – June 27, 2011
It’s more stressful for most traders to stay in a trade that is working than just get stopped out of a losing trade. – Bella
6/26/11 Market Overview and Flag Trading Lesson
@AdamG_SMB discusses trading pullback patterns and looks at setups in $GS $ANN $FNSR $BIIB $ZAGG $SCCO $RS $BA $TXT $IR $SFLY $LO $HOC $AFL $GS $ABT $MCO $WTW $JNPR $PLCM $VHC $NVDA $YGE $N $TTWO $SPY $CL_F $SI_F
The Trend Trend Trade
I am officially naming a new trade. SMB will call it the Trend Trend Trade. Below we explain through the trade of one of our traders, Shark, reviewing a recent trade in LPS, using the SMB Playbook template. The Trend Trend Trade is a set up where the long term trend and the short term trend align. We look for spots … Read More
SMB Morning Rundown – June 24, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.