If you missed the most recent workshop with Marc Principato, CMT on “How to Identify Meaningful Price Reversals”, this is your opportunity to watch it. In this presentation, Marc explains how to use price action concepts to identify market tops and bottoms. This approach comes in very handy when trying to figure out whether you should hold a trade for … Read More
Why I Bought TSLA Today at 98
I sat down at my trading desk at 7:45AM and noticed TSLA was down off of the negative article in Barron’s, near a nice technical level at 98, and I bought it. I shared this with the trading community. As TSLA started to work from this 98 level I added. I shared this with the trading community in real time. … Read More
Training Session with Steve Spencer: Three Trades on $TSLA
The price action in $TSLA from the past six trading days does a nice job of demonstrating three distinct types of trades. Not all trades makes sense to all traders. But if as a trader you can figure out which of these trades fits your personality best and then build a detailed trading plan on how to attack it next … Read More
SMB Forex and Futures Weekly Analysis for 6/10
In this segment Marc Principato, CMT analyzes possible price action scenarios for the S&P 500, EUR/USD, GPB/USD and AUD/USD. This analysis is good for the week and focuses on larger time frame opportunities. To learn more visit: bit.ly/smbhome — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Were You Too Bearish After the Jobs Report?
Were you too bearish after the jobs report this Friday? Let’s set up the scene for Friday’s trading. We had bounced from 160 SPY to 163ish before the report. Then the pundits and traders began to battle at the 163.50 level. At first it appeared the buyers had won sending the market towards 164 SPY, but as traders we knew this … Read More
The Power of Deliberate Practice for Trading
Mike, I’ve recently been in touch with SMBU regarding the SMB Foundation/Trader Development program and will be starting, military hours permitting, in the next couple months. I read your book (One Good Trade) and listened to any videos/interviews I could get my hands on that had SMB Capital in it and, and after taking your advice from your book, I … Read More
SMB Forex and Futures Weekly Trade Review 6/7/13
In this segment, Marc Principato, CMT demonstrates how a trade in the EUR/USD is taken using volume analysis in conjunction with our pattern recognition methodology to realize a outsized reward to risk ratio. To learn more visit: bit.ly/smbhome [purehtml id=15] — Marc Principato, CMT, Risk Disclaimer Risk Disclaimer *No Relevant Positions
Recording: Andrew: Introduction to Three-Dimensional Channeling
SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide. Each week the community will meet online for the primary purpose of watching live presentations made by veteran options traders and experts in the world of options trading. Andrew Falde has worked with a group of options … Read More