The Round Tripper

It is not every day that you are able to catch a trend in both directions in a stock. FB has been a short term trader’s delight for the past five trading days. Media coverage hit a fever pitch today with FB tagging its otherwise meaningless “IPO price” of $38. The fact that it has been moving higher since last … Read More

Where is This Stock Going?

One of the truest things I’ve heard recently was “It’s SOOOO nice not having to pick which way the stock is going!” That came from a one-on-one coaching student of mine that had fallen into the trap of over-analyzing charts and looking for “that one right” indicator. Not having to pick a direction had taken a huge burden off her … Read More

Slow Markets, Clear Levels: The Waiting Game Continues

In this segment, Marc Principato, CMT conducts price action analysis on the S&P 500 CFD, EUR/USD, GBP/USD and AUD/USD. Gain a broader perspective and learn what levels offer better day trade and swing trade potential. To learn more visit: www.bit.ly/smbhome I’m writing a book, give me feedback: www.unconventionaltrader.com Follow me on twitter: http://twitter.com/marcpmarkets [purehtml id=28] — Marc Principato, CMT, Risk Disclaimer *No Relevant … Read More

John Locke Weekly Market and Position Update for July 28, 2013

John Locke Be sure to visit our trading blog! www.lockeinyoursuccess.com And check out these great videos! May Group Mentoring Open House Part 1  http://optionstribe.com/2013/05/recording-john-lock-group-mentoring-session-may-2nd-2013/   May Group Mentoring Open House Part 2    http://optionstribe.com/2013/05/recording-john-lock-group-mentoring-session/ http://optionstribe.com/2012/01/recording-an-improved-version-of-the-bearish-butterfly-trade-john-locke http://optionstribe.com/2012/03/recording-simulated-march-bearish-butterfly-review-john-locke http://www.smbtraining.com/blog/yesterdays-option-tribe-meetingm3-trading-strategy-by-john-locke http://www.smbtraining.com/blog/yesterdays-option-tribemay-and-june-bearish-butterfly-strategies http://optionstribe.com/2012/01/recording-butterfly-trading-with-deep-itm-calls-to-control-deltas-forrest-anderson http://optionstribe.com/2012/07/recording-m3-trading-system-john-locke/ Learn to trade the M3, Bearish Butterfly and ROCK trading systems! http://www.bearishbutterfly.com http://www.m3options.com http://www.smbtraining.com/overview/rock-options-trading-system     Please follow and like us:

EUR/USD Price Action Confirmation

In this segment, Marc Principato, CMT reviews a EUR/USD day trade that is based on two price patterns and candlestick analysis.  No volume analysis required here.  Learn more at www.bit.ly/smbhome Visit the trade reveiw archive here. Contribute to my book here. Follow me on twitter here. [purehtml id=27] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions SMB FOREX Trade on your own schedule … Read More

Perception or Reality?

I have been long VMW since I bought it yesterday at the Open around 79.50. It closed near its high so I held it as a swing position. This morning I bid for more stock about $1 below where it closed yesterday, which had been the prior day’s morning resistance (see chart below). My bid got hit before the market … Read More

“The PlayBook is Worth Your Intellectual Energy and Time”

Here’s another great Amazon review of The PlayBook: When I started reading the book (the introduction), I thought I was reading a novel and was so captivated by the events that I started hoping for a happy ending. But that was real life: the author’s personal life. It’s about resilience in the face of suffering and vicissitudes of life. The … Read More

A Trade from a PlayBook Reader

An SMB reader, who is not on our desk (yet?), read The PlayBook and was inspired to co-opt a particular concept for her own trading. We encourage all our readers to develop a methodology for your trading. Building a PlayBook of the trades that make the most sense to you is that methodology. Here is her PlayBook trade. Mike Bellafiore … Read More