An Aspiring Trader’s Email

mprincipatoMarc Principato, SMB ForexLeave a Comment

At SMB we get a lot of emails from traders of all levels.  Much of the time they are from aspiring traders who are very passionate about the markets and their work.  And all of us here make every effort to respond and provide some insight into the world of professional trading.  So in this article, I am going to … Read More

S&P Trend Change In Effect

mprincipatoMarc Principato, SMB ForexLeave a Comment

Marc Principato, CMT conducts price action analysis on S&P 500 CFD, EUR/USD, GBP/USD and AUD/USD for weekly setups. [purehtml id=32] Subscribe:http://www.bit.ly/utraderyt Subscribe to my Youtube channel: http://www.bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review Archive: http://bit.ly/archpge

Free Options Webinar: Today at 5pm EST: Brian Shannon: Adjusting Options Positions Using Technical Analysis in Multiple Time Frames

adminGeneral CommentsLeave a Comment

Tuesday November 13, 2012 at 5:00 PM Eastern Daylight TimeSMB’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. … Read More

Technical Analysis: Four Basic Principles

AdamGeneral Comments15 Comments

We have all seen so many lists of trading rules that we sort of become numb to them. Even if they contain good advice (“always respect your stops”), they are so omnipresent in the trading literature and on Internet forums that we probably don’t pay as much attention to them as we should. I want to share a very different … Read More

A Technical Lesson from JToma

ajamesGeneral Comments, Jeff Tomasulo's Blogs3 Comments

News of lower than expected jobless claims resulted in a quick pre-market spike then sell-off in SPY today. However, on the open it rallied and proceeded to break through the 95.50 resistance level (peaking at 96.11) in the early afternoon. As the end of the trading session neared, sentiment reversed and SPY sold off hard into the close, finishing at … Read More