The Market is Approaching a Sell & Hold Scenario
With the General Market (OEX) registering new recovery highs last week, and the New Economy stocks falling to three (3) week lows, the final “weight of evidence” has fallen into place for a sustained correction in the eight (8) to 12 percent range over the next two (2) to (3) months. Big target 100.88 basis the SPY which is major Fibonacci Cluster CONFLUENCE level, a 9.7 percent correction from the high.Reasons to Consider MetaTrader Expert Advisors
An expert adviser may be based on the dependencies and do not contain indicators. It is designed to remove the psychological factor of trading, which can be harmful. They can simply help you make trading decisions by issuing appropriate trading signals and they are reliable trading “assistants” that can trade automatically without your involvement.The Trading Mistake That is Guaranteed to Ruin You
I was talking a with a trader the other day who is struggling and he mentioned a tendency that he has. I think all of us have done this at some time or another, but if we don’t grow out of it, it WILL end our career.
At a recent trading convention two well known traders discuss the ins and outs of trade exits. Read on to find out how successful traders make their trade exit decisions…Street Smarts – The High Probability Trade
Mark McRae is a well known trader. Recently at a global trading convention we had the opportunity to quiz him all the tricky questions no one else dared explore. One important nugget of information revealed to us was regarding some unique patterns he has discovered for successful trading. Read on to find out the insider secrets on trading patterns indicators to reveal high probability trades.