Friday, August 30, 2013

Trade Room Schedule for September 2013 (Here’s Where to Sign Up)

Here’s the schedule for the trade rooms for September 2013. As usual all links below go to the DOJO, at the end of each month we’ll still create blog post and send out a notice. You will have to sign up for each month and each trade room you want to attend. Erich’s Senft Futures Rooms Starting September 3rd, 2013 Tuesday’s (Call Room) – 9:30 AM – 11:30 AM EDT Wednesday’s (Trade Room) 9:30 AM – 11:30 AM EDT Visit the DOJO to sign up for Erich’s Trade Rooms. Omar’s Forex Room Starting on September 3rd, 2013 Tuesday, Wednesday, Thursday – 2:00 AM – 5:00 AM EDT Bonus Room for NY Open Thursday – 7:30 AM – 10:30 AM EDT Visit the DOJO here to sign up for Omar’s trade rooms. Pre Market Mania and Trade Room with Ray Burke Starting September 3rd, 2013 Tuesday 4:00 AM 6:00 AM MDT Wednesday 4:00 AM 6:00 AM MDT Thursday 4:00 AM 6:00 AM MDT Visit the DOJO to sign up for Ray’s Trade Rooms. See you in the rooms.

http://www.indicatorwarehouse.com/96272/trade-room-schedule-september-2013/

Wednesday, August 28, 2013

Special Update!! Use EXTRA CARE!! Syria Situation Should NOT be Underestimated

Hi My DTS Forex Friends!! Just wanted to give a little update on what s taking place in the world right now and how it may affect your trading. As I m sure many of you have noticed, the markets have gotten a bit strange this week.  Not that there haven t been trades to be had, in fact we had two really nice setups (Eur/Jpy and Aud/Jpy) on Tuesday s live session.  BUT, prices seem to be getting compressed and going nowhere at the moment.  We have already seen the stock market take a 170-point dive at the thought of what might happen.  Take a cursory look at gold.  Yeah, it s moved up steadily over the last few days.  The Aussie on the other hand HASN T.  This normal correlation is broken and that tells me Gold is moving by itself for another reason safety. Remember, the smart money is usually the most risk averse because they have the most to lose, an while you may have been losing your shirt in the crash of 08, there were a nice handful of market participants that sidestepped t

http://www.indicatorwarehouse.com/96278/special-update-use-extra-care-syria-situation-should-not-be-underestimated/

Tesla & Netflix Jump the Shark!

Tesla & Netflix Jump the Shark! Jump the shark is a term to describe a moment when something that was once great has reached a point where it will now decline in quality and popularity.  The precise moment when the majority knows that a program, band, actor, politician, or other public figure has gone downhill, become irreversibly bad, is unredeemable; the moment one realizes decay has set in.  The phrase originated from a “Happy Days” episode where the Fonz jumped a shark on water skis.  This episode was marked as the lowest point of the show.  It appears that Tesla and Netflix may have “jump the shark.”  Tesla started out with a bang on Wednesday as the squeeze put it a final punch higher.  Once the selling began though the stock had trouble participating in the rebound rally taking place in the markets.  Netflix on the other hand took over the leadership role amongst the Gang of Six on Wednesday and cruised to an intraday high at $285, without the benefit of any news

http://www.indicatorwarehouse.com/96274/tesla-netflix-jump-the-shark/

Checklist – Getting Set Up For Pre-Market Trading

A 10 Point Checklist for Getting Yourself Set Up for Pre-Market Trading (Space, Office, Tech) by Ray Burke Setting up for pre-market trading is really not that much different than getting yourself situated for trading during regular trading hours; typically I try to have myself set up as follows for regular trading hours: 1.  For starters, I like to have a nice, quiet, as secluded space as possible for my desk to be set up at.  I want as little disturbance and distraction as possible. 2.  Before I do anything, I check my equipment.  I make sure all my virus scans have run so it won’t interrupt my training and I also make sure my updates have completed as well.  There is nothing worse than being in a trade and the old Microsoft update wants to restart your PC. 3.  Next, and this is important, I run a speed test through www.speedtest.net .  You results will vary according to your ISP and location, but from the Denver area, I like to see a ping speed no greater than 42 milliseco

http://www.indicatorwarehouse.com/96256/checklist-getting-set-up-for-pre-market-trading/

Tuesday, August 27, 2013

Pay No Attention to the Man Behind the Smoke and Mirrors!

The Similarities Between Tesla and the Man Behind the Smoke and Mirrors   It looks like Tesla traders still believe the man behind the smoke and mirrors.  With over 31% of shares sitting on the short side the “big squeeze” continues to play out.  I will give credit to traders that being of  right mind and not believing that Tesla is fairly valued at $167.  However, having a short position liquidated by your clearing firm is reminiscent of trying to support a sinking ship with a pail after the abandon ship has been declared.  It can be very hazardous to the health of your P&L.  As I have discussed previously, even with hedged trades positions can and will turn negative when the underlying moves faster than the ability to get out of positions.  So being long or short premium is not the road to riches. Tesla Motors being up for much of today’s session garners in my mind the Biggest Looser award.  My sympathy goes out to those who may have had no choice in covering a short

http://www.indicatorwarehouse.com/96264/pay-no-attention-to-the-man-behind-the-smoke-and-mirrors/

Monday, August 26, 2013

Gang of Six – Surge Higher as the Markets Assume the Duck and Cover Position

Gang of Six Roar Higher in the Big Squeeze as the Markets Assume the Duck and Cover Position The Gang of Six (AAPL, FB, GOOG, LNKD, NFLX, TSLA) came out of the gate on Monday with more short positions needing to be covered.  After a take no prisoners vertical climb, TSLA hit new all time highs at $173.  The high volume leans heavily in favor of capitulation as margin calls triggered market buy orders.  Today’s parabolic ride got kicked into gear on the heels of a media report stating Tesla was beating Volvo and Porsche sales in California.  The rally to new highs may have been cut short when Howard Lindzon courtesy of the same media outlet said: “He is not chasing shares of Tesla here.  Tesla car’s are the iPad of the auto market.”   For those who may not know who Mr. Lindzon is:   “Howard Lindzon  financial analyst, technical analyst and super angel investor. Lindzon manages a hedge fund, serves as managing partner of the holding company Social Leverage, lim

http://www.indicatorwarehouse.com/96250/gang-of-six-surge-higher-as-the-markets-assume-the-duck-and-cover-position/

Sunday, August 25, 2013

If they don’t find you handsome, they’d better find you handy

“If the women don’t find you handsome, they’d better find you handy” – Red Green That quote sums up the problem with being handy. This week I’ve been busy helping build a deck. “Helping” is code for “come build my deck for me because I don’t know how”; otherwise known as “come for dinner and bring your tools”. I don’t mind too much but if you’ve ever built a deck you know it’s hard work! I’m certainly feeling it. At the end of the day I was so stiff I could hardly get out of my chair! But it’s only one more day and then the project is done. Good thing too. A few more days like this might kill me. We are still working on ironing out the kinks in the new Trading Room system. Please accept our apologies if you ve experienced any glitches. Believe me, we are working hard on getting this sorted out as quickly as possible! As soon as everything is running smoothly, we will let you know. Enjoy this week’s issue, Erich erich@supportandresistance.com Paper

http://www.supportandresistance.com/tradingblog/dont-find-handsome-theyd-better-find-handy.html

Be a Loser……..And Still Make Money!!! Forex Tips With Omar Eltoukhy — Diversified Trading System

To My DTS Trading Friends: I hope everyone had a FANTASTIC week trading last week!! It has been tricky the last couple of weeks to grab big trades from the analysis given before hand.  In fact, the markets at the moment seem to be bipolar and react normally to some important areas and not other. But that doesn t mean for a second we just throw our hands up and take positions at random with good trade management (although with great trade management, one traders loss could be another traders win). What it DOES mean though is there is no way to be right all the time and losses are absolutely inevitable. Sooooo .how right do you have to be?? Traders that have a very high win percentage make more than those with a low one right??? Easy answer?? Of course the trader that wins a bigger % of the trades they take makes more $$$. THINK AGAIN! Back to the two traders with the win % question. Let s say Trader #1 wins 90% of his trades. Bravo trader #1!! What a sharp chap right? And trader #2 by

http://www.indicatorwarehouse.com/96168/be-a-loser-and-still-make-money-forex-tips-with-omar-eltoukhy-diversified-trading-system/

All DTS Trade Rooms Starting This Week (and to the Future)

We’re rolling out a new schedule for trade rooms. Going forward we ll be keeping more of an ongoing schedule, one that you can put into your schedule. All DTS Bird members have access to these trade rooms and recordings. You can access both the invite link and recordings in the DOJO (links are below). Here’s the weekly schedules: Omar’s Forex Room Starting on August 20th, 2013 Tuesday, Wednesday, Thursday – 2:00 AM – 5:00 AM EDT Bonus Room for NY Open Thursday – 7:30 AM – 10:30 AM EDT Visit the DOJO here to sign up for Omar’s room. Erich Senft’s Futures Rooms Starting August 20th, 2013 Tuesday (Call Room) – 9:30 AM – 11:30 AM EDT Wednesday (Trade Room) 9:30 AM – 11:30 AM EDT Click here to visit the DOJO to sign up for the trade room. There’s an important difference between a Call Room and a Trade Room. In short, a call room is for trading with virtually no interaction and a trade room allows for questions, more interaction and training. In the call room pleas

http://www.indicatorwarehouse.com/96157/all-dts-trade-rooms-starting-this-week-and-to-the-future/

Trading Options Using DTS (Part Three of Seven)

Trading Options Using the Diversified Trading System (Part Three of Seven)  Volatility    Using the Hawk Micro Scalper, Falcon Swing Trader, and the Eagle Trend Trader within the equities markets can produce strong results.  Trading equity options can be used to add “beta” to an existing trade or as “the” trading vehicle.   There are several research (trade set-up) parts/steps that are necessary to do prior to trading options based on DTS trading signals.   Step One: Options Basics and Understanding Theta is Your Friend Step Two: What is from the Branch to the Forest? Step Three: Volatility and the One Way Street Step Four: Position Sizing and Your P&L Step Five: Risk Management Versus Position Management Step Six: Volume and Two-Way Trade Step Seven: Commissions & Costs the Most Neglected  +/- value factor left out  Merriman-Webster defines volatile as: Readily vaporizable at a relatively low temperature Flying or having the power to fly Lighthearted Lively Easily a

http://www.indicatorwarehouse.com/96219/trading-options-using-dts-part-three-of-seven/

Thursday, August 22, 2013

Is a Crash Possible? Did the FED Raise the DEFCON Level on Stocks?

Is a Crash Possible?  Did the FED Raise the DEFCON Level on Stocks? A defense readiness condition (DEFCON) is an alert state used by the Armed Forces.  There are five levels of readiness – DEFCON 5 being the least severe to DEFCON 1 being the most severe.  So where would the current level of the various markets be?   Consider that the treasury markets have been declining (yields rising) after finishing a 33-year period of consistently falling rates.  Gold and silver look to have completed corrective phases that come in at just under 2 years and are now heading higher.  Many of commodities are gearing up to rally again as the seasonal news worsens, which could put a dent in the CPI and PPI.       The U.S. equity markets need to be measured on several levels.  First the various near/short, mid, and long-term pictures.  Short-term stocks have been on a tear off of either May 2012 lows or the October 2012 lows. Mid-term stocks have been on a consistent upward trend since ear

http://www.indicatorwarehouse.com/96206/is-a-crash-possible-did-the-fed-raise-the-defcon-level-on-stocks/

Wednesday, August 21, 2013

Market to the FED “We Double Dare You” FED to Market – “SOLD!”

Market to FED – “We Double Dare You!” FED to Market – “SOLD!” There was a great deal of pent up trading energy coming into the FED minutes.  Rightly or wrongly the market initially saw fit to sell off producing a momentum vacuum as many oscillators registered extreme oversold readings.  It didn’t take long before the “dip” buyers poured in to scoop up some poop running most indexes into positive territory.  However, that didn’t last with the selling resuming and producing a fairly ugly close on Wednesday.  The absence of buyers left larger gaps as sellers worked to fill orders.  I suspect tomorrow will likely see at least the 1630 to 1633 level in the e-mini S&P.  Keep in mind a serious break of that level drops firmer support to 1615.  The Gang of Six – AAPL, AMZN, GOOG, LNKD, NFLX, and TSLA are still holding the NASDAQ at higher levels. Things could get ugly so don’t be in a hurry to step in front of a locomotive picking up speed.   The FED minutes d

http://www.indicatorwarehouse.com/96198/market-to-the-fed-we-double-dare-you-fed-to-market-sold/

Sunday, August 18, 2013

Live Trading Rooms Reopening | Big Weekend Edition

I didn’t realize I forgot to write my opening section last week! Needless to say it was a busy weekend as most weekends’ in summer seem to be. Our daughter and grandson were out at the lake camping when I got the 911 call to come help break camp. It had been raining all night [ ]The post Live Trading Rooms Reopening | Big Weekend Edition appeared first on Support and Resistance Trading.

http://www.supportandresistance.com/tradingblog/live-trading-rooms-reopening-big-weekend-edition.html

Tuesday, August 13, 2013

Logical Market Update: Apple Table for One

Apple Table for One & The Master of Manipulation Strikes    

http://www.indicatorwarehouse.com/96110/logical-market-update-apple-table-for-one/

Trading Options Using Diversified Trading System

(Part One of Seven)   Using the Hawk Micro Scalper, Falcon Swing Trader, and the Eagle Trend Trader within the equities markets can produce strong results.  Trading equity options can be used to add “beta” to an existing trade or... Read More

http://www.indicatorwarehouse.com/96092/trading-options-using-diversified-trading-system/

Thursday, August 8, 2013

Logical Market Update: Nat Gas Surges Higher Off of Intraday Lows

Natural Gas Surges higher Off of Intraday Lows On the Third Day of the Correction the markets gave to me… Three parabolic earnings trades, two panic buyers and a bear pushed up a pear tree.   Interesting and yet transparent the markets moved back into cross hedging mode – what I mean by this is that

http://www.logicalsignals.com/logical-market-update-nat-gas-surges-higher-off-of-intraday-lows/?utm_source=rss&utm_medium=rss&utm_campaign=logical-market-update-nat-gas-surges-higher-off-of-intraday-lows

Here’s Some Tips on Trading While Working Full Time

We all start trading with hopes and aspirations of leaving our day job; let’s face it, the nine to five grind, the commute, and the fact we answer to someone else seems to push us toward a more rewarding endeavor... Read More

http://www.indicatorwarehouse.com/96081/heres-some-tips-on-trading-while-working-full-time/

Tuesday, August 6, 2013

Logical Market Update: First Down Day – The Beginning or Buying Opportunity?

First Down Day For Equities – Just the Beginning or Buying Opportunity? After Monday’s big disappointment courtesy of a very tight inside day, Tuesday’s trading action brought some welcomed relief.  The optimal word is some.   Refreshing is a word I heard used – It was like a fresh cool drink in the desert another contrarian

http://www.logicalsignals.com/logical-market-update-first-down-day-the-beginning-or-buying-opportunity/?utm_source=rss&utm_medium=rss&utm_campaign=logical-market-update-first-down-day-the-beginning-or-buying-opportunity

Monday, August 5, 2013

Logical Market Update: Never Short a Dull Market – or….

Never Short a Dull Market or What Happens When You Host a Party and Nobody Comes – the Volatility Indexes Have you ever gone to highly anticipated event and wished you were anywhere else?  That is what the markets were like on Monday.  Stuck in neutral with nobody left to push prices in either direction. 

http://www.logicalsignals.com/logical-market-update-never-short-a-dull-market-or/?utm_source=rss&utm_medium=rss&utm_campaign=logical-market-update-never-short-a-dull-market-or

Sunday, August 4, 2013

Back in the Trading Saddle again – Big Weekend Edition

In This Edition: Erich is finally back in the saddle after taking last week off from the CPR Morning Call. Erich’s Picks: This weekend Erich is looking at the British Pound, Canadian Dollar, Euro Fx, Japanese Yen, Soybean Meal, Wheat, Live Cattle, Lean Hogs, Cotton and Sugar. Big Weekend Edition appeared first on Support and Resistance Trading .

http://www.supportandresistance.com/tradingblog/back-in-the-trading-saddle-again-big-weekend-edition.html