Category: Market Commentary
Trading in Narrow Ranges
I am often asked…. Ever since I began a career as a trading educator and as early as I can recall, traders have asked me how I intend to make money now that day trading is dead. This if course happens each and every time we have a dip in the daily volatility and trading [...]
View PostLearning from Losses
The basic premise of this article is that traders fail because They do not have a trading system to follow They have chosen to trade outside of the system rules They do not trust their system Learn from losses: Many traders especially newer ones, lapse into periods of losses and overtrading because their trading accounts [...]
Avoiding Indicator Overload
Indicators play an important and ever increasing role in the trading methodologies of most traders, What part do they play in a trader’s success? Many traders place unrealistic expectations on their indicators practically expecting that the trades will be taken for them. Certainly every trader is seeking the edge and almost all day traders use [...]
How to Use Price Action in your Trading
Continuing from our last article.. The DOM shows the trades that have not yet taken place; it is therefore the intentions of traders to trade at the different price levels. By contrast, the Time and Sales are the trades that actually did take place, printed along with the relevant information on each individual trade. Once the [...]
What is Price Action
What is price action, why do you hear so many traders talking about it and how can you use it to improve your trading. That will be the focus of this article The term Price Action goes under a few different names, and may mean different things to different traders. Some of these terms you [...]
Daily Trading Goals for Advanced Traders
In my last article about setting daily financial trading goals, I discussed the importance of ceasing to trade once that goal is reached. The theory behind this approach is that far too many traders continue to trade and take unnecessary risks, all too often giving back their profits. Profits that could have accumulated to represent [...]
Newest TTZ member
It is with great joy and pride that we welcome our newest member to TheTradingZone. Bo has not yet learned the TTZ method but we are confident that with Gators guidance and support he will do a fantastic job. We would also like to send out a warm and heartfelt ‘thank you’ to Rocky for [...]
Futures Contract Roll Over
Futures Contract Roll Over for Equity Indices products; TF, ES, NQ, EMD and YM roll on Thursday Sept the 9th at 8:30 am Chicago time from the September 2010 contract to the December 2010 contract. The month code for December is ‘Z’. Contract Roll Over is a special and different kind of trading day, and [...]
Market Profile and Initiating Activity
Well we aren’t quite out of the summer trading ranges just yet, but the institutional activity has come back in full force. Today was a great example of institutional initiating activity. From the open right into the close the institutional buyers bid the market up, driving us to new highs and leaving the prior bracket [...]
How to Trade Crude Oil
For some time now I have been saying how I have just fallen in love with this market. Trading crude oil is not for everyone, the market moves fast and there is lots of volatility. With volatility and trading ranges comes opportunity! Join me for a live trading webinar and watch how I trade Crude Oil Event: [...]
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