I would say most newer traders come into the market with all kinds of preconceived notions, biases and misinformation. This comes from ingesting too much financial media and following too many self proclaimed experts. Newer traders lack confidence because of two primary factors: lack of experience and no perspective. Perhaps you need experience to gain perspective, but it is possible … Read More
SMB Forex and Futures Weekly Trade Review 6/14
In this segment Marc Principato, CMT, examines how to take a momentum trade in the S&P 500 CFD using volume analysis and pattern recognition. To learn more visit: bit.ly.com/smbhome [purehtml id=16] — Marc Principato, CMT Risk Disclaimer *No Relevant Positions
Forex: If You Can’t Lose, You Can’t Win
Let’s face it, we all hate to have losing trades. Whether we realize it or not, losing trades are necessary in order for us to grow as traders. Not being able to take a loss or having a fear of losing will keep you from ever making progress. Most importantly, when you have a trading loss, you have the opportunity … Read More
Recording: Forex Workshop: How to Identify Meaningful Price Reversals
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
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
Forex Trading: Major Price Reversals
Just a couple of weeks ago, the EUR/USD and GBP/USD looked as if they were going to zero. The media and experts were citing all kinds of bearish facts and fundamentals. If you look at the prices now, both pairs have dramatically reversed and are showing nothing but signs of strength. What happened? Were you distracted by all the “experts”? … Read More
Forex Workshop: How to Identify Meaningful Price Reversals
Join Marc Principato, CMT on Tuesday, June 11, 2013 at 4:30pm ET, in an online presentation about using price action concepts to identify market tops and bottoms. This comes in very handy when trying to figure out whether you should hold a trade for a broader move or not. Attendees enjoy special discounts on our training programs so it pays … Read More
SMB Forex and Futures Weekly Analysis 6/3
In this segment, Marc Principato, CMT analyzes the S&P 500, EUR/USD. GBP/USD and AUD/USD from a broader technical perspective. To see this analysis in real time, visit: bit.ly/smbhome [purehtml id=14] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions