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. On June 25 Options Tribe launched the new online … Read More
Divining Inflection Points– $SPY
From January to May 22nd I probably traded the SPY less then ten times in total. Today marked the fourth consecutive day I traded the market via the SPY. I trade whatever is In Play. And right now the market is In Play. The most useful price level in the past three trading days has been 157.50. Useful in that it … Read More
Forex Workshop: How We Find Pivotal Prices Using The Golden Mean
Join Marc Principato, CMT on Monday, July 1, 2013 at 4:30pm ET, in an online workshop on “How We Find Pivotal Prices Using The Golden Mean”. Marc will share how the traders in the SMB Forex and Futures program utilize concepts that center around the golden mean to find potential turning points on multiple time frames. This is an essential … Read More
Mike Bellafiore at The Trading Show Chicago, Tuesday, June 25
The Trading Show Chicago is considered North America’s leading trading event where traders, quant investors and exchanges come together to explore new advances in trading strategy, quant models, and technology. The event consists of an exhibition, seminars, and a strategic conference. This year Mike will be delivering a speech, scheduled for June 25 at 1:20 at the Downtown Marriott, called … Read More
Revisiting #NewNormal and $SPX 1680
Now is a good time to look back at the #NewNormal and discuss possible trading patterns for US equities for the remainder of 2013. The #NewNormal was a description I came up with in late 2012 to describe the slow steady grind higher in US equities that was rarely interrupted by periods of higher volatility. This state of the market … Read More
The Playbook Is On Its Way to the Printer!
Exciting news! Mike Bellafiore’s new book, The Playbook, has been shipped to the printer. The publication date is July 17, 2013, but you can pre-order the book now. Once you receive it you’ll be able to take advantage of some special offers. Offer One: Receive recordings of The Playbook Webinar There are 10 Webinars in all. You will also be … Read More
SMB Forex and Futures Weekly Analysis 6/24
In this segment Marc Principato, CMT analyzes the S&P500 CFD, EUR/USD, GBP/USD and AUD/USD on the larger time frames to explore the possibilities for the week. For more information visit: http://bit.ly/smbhome [purehtml id=19] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Finding The Bounce– $SPY
On Thursday June 20th I wrote “Looking For The Bounce” where I discussed a long SPY trade that never materialized so I exited for a loss. Yesterday, the market setup for another bounce attempt and I took it. Many short term trading setups trigger after three trading days. After the market’s large sell offs on Wednesday and Thursday many short … Read More