Intraday patterns both found in the EUR/USD and CFD’s USOIL. Psychological patterns after breaching levels of pull backs then finally reaching levels expected. 2 trades with the same (twin) psychological set up in the same day. View video below and don’t forget to add any comments. Feel free to email me [email protected] for more info!
Off the Beaten Path
If you are trading a stock “Off the Beaten Path”, without the overriding order flow what in the tape is important? With these types of plays there are opportunities to be found everyday. These plays though require a tape reading skill that has some differences from the skills employed in trading the fresh news, overriding order flow, type plays. One of the main … Read More
SMB Gameplan Recap for May 11th
Here is another recap video that takes you through my thought process with respect to our AM Ideas as well as how the price action during market hours impacted our trading plan. Fresh ideas are usually listed in order of difficulty. Ideas listed first are for novice traders and as you work your way down the list the stocks become more … Read More
CANCELLED – Gman All Cap Webinar
We apologize for the inconvenience, but Gman’s All Cap Webinar has been cancelled do to our internet servers going down. The servers have been down half the day and we were hoping they would be up for the broadcast, but alas, they are not. We will reschedule for next week! Roy (aka rOy)
Traders Ask: Is it better to neutralize a double butterfly or simply close it?
Martin asks: I have a question about one of your first webinars involving the February butterfly. At the end of the trade it appears that instead of closing the trade completely you just neutralized it. What was the reason that you handled it that way ? What is the advantage of neutralizing the trade instead of closing it?: Martin is … Read More
Traders Ask: About that SYY Trade
Hi Mike, I just read your blog post on the SYY trade you guys made the other day. It was basically a play for an opening drivethat you wanted to add to your traders’ playbook. Just a quick couple of questions, if you don’t mind: 1) Would you be more aggressive if you see the bid hold at 30.63, drop, … Read More
SMB Morning Rundown – May 12, 2011
Today, the Market appears set to open slightly lower. The levels we are watching in the SPY are 134.00 and 134.60 (resistance) and 133.00 and 129.50 (support). Our best AM Idea for today, which we highlighted in our AM Meeting is to get long VRSN on a pullback in the 36.50-37.00 range. Don’t forget to follow us on Twitter.
5/11/11 Market Overview and Swing Setups
@AdamG_SMB covers setups in $SPY $ES_F $DX_F $SLV $SI_F $CL_F $AMZN $BIDU $PAY $AAPL $AVGO $BJRI $WMG $VRSN $GOOG $EGN $JOYG $ILMN