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/Friday, August 30, 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