In this discussion, we’ll discuss the example of the incorrect entry using an option strike with lots of time to expiration -and different ways we can employ damage control on a trade that looks to be upside down for a time. All commentary is hypothetical, and solely my opinion and what I might potentially do if I had this position. … Read More
Inside The Trading Vault – Futures Market Assessment – $ES_F
SMB will be hosting a free webinar on October 6th where I will outline several trades based on techniques taught in the Vault. The formation above is that of a falling broadening wedge- this is a bullish formation. The current measured range is 66 points. We sit above the moving averages and momentum suggests at this time that pullbacks should be bought and … Read More
Inside The Trading Vault – Trade Review -DLTR-
SMB will be hosting a free webinar on October 6th where I will outline several trades based on techniques taught in the Vault. In my last post, I mentioned the Power of Mechanical Process – Today, we’ll discuss the Power of Trade Reliability by this trade review One of the byproducts of strong mechanical process is Trade Reliability. When a chart builds a … Read More
Inside The Trading Vault – The Power of Mechanical Process
If you value consistency, and find it lacking in your trading, The Trading Vault is certainly something you should investigate. SMB will be hosting a free webinar on October 6th where I will outline several trades based on techniques taught in the Vault. Many traders learn the concepts of trading with a bit of a salad bar approach – a … Read More
Inside The Trading Vault – Review GPRO, and KO
In a prior post, I presented the concept of retest support and resistance in a formation before a chart expands into any kind of trending space Trading Vault Concept – “Support and resistance structures are reliable. They provide ideal trading targets- for entry and exit. Learning to develop the patience to wait on them to develop is the real struggle … Read More
Inside The Trading Vault – a look at GPRO and KO
Trading Vault Concept – “When evaluating a chart, continually ask yourself why buyers or sellers behave in a specific way – and what it means to them when support and resistance levels are made and broken” Many of us are up and coming traders who have consistent issues with the ‘WHY’ to enter a trade. Meaning, we don’t have a hard … Read More
Inside The Trading Vault – A look at CL_F
Trading Vault Concept – “When charts are in a trend, we are often tempted to pick bottoms or tops because we FEEL a chart has reversed enough. The slightest drift over or under a level, we trigger our trades to initiate a trade in the direction of the move, but in these markets breakout and breakdown levels … Read More
Inside The Trading Vault – The ES_F
Trading Vault Concept – “Trading charts profitably and with consistency depends on how well the trader understands the current market structure and relationships between buyers and sellers. Once we understand these formations and structures, we become much more capable of creating our own consistent strategies that perform with a high degree of reliability and consistently.” Trading the ES_F overnight and … Read More