A key point in the EUR/CHF trade was when the price fractured the areas of support, which are identified by the Fibonacci retracement at level .618 % at an approximate price of 1.2800. Once those areas have been breached, we expect the trend to be lower than the previous minimums, but in turn, the price increases producing up trends. This … Read More
Mike Bellafiore leads an in depth discussion with new traders on how to trade BP on SMB University.
On Sunday night, on StocktwitsTV Mike Bellafiore talked to new traders about some of the issues they had faced so far and ways to improve their trading. You can watch the clip here, and if you have any questions, please send them to @smbcapital on Twitter.
Last night, on StocktwitsTV Bella discusses the importance of simulation techniques, and Steve shows what setups are working in this market.
On StockTwitsTV, Bella discusses how to trade stocks around key technical levels.
Last night, on StocktwitsTV Mike Bellafiore discussed the price action on Friday in GS and the Market, what to expect on Monday, and how to trade breaking news stories that may occur going forward. You can watch the clip here, and feel free to leave your comments on this blog.
On StockTwitsTV, Gman discussed how to properly size trades in order to achieve consistency in your numbers
On StockTwitsTV, Bella discusses the importance of levels and how to distinguish between regular levels and great levels.