Thursday, August 16, 2007
Bullish Reversal Triggers
Reversal bars are
an objective technique used to time the entry of a trade.
Read More... http://daily-stocks.netfirms.com/daily-trading-triggers.htm
|
The brand NEW Universal Market Trader!
Stocks, Futures & Forex, both for Daytrades and Swing trades.
|
Fellow Swing Trader,
Today the fun begins.
Universal
Market Trader 1.00pm Webcast Universal
Market Trader 9.00pm Webcast
Up until now most of the juicy details have been kept
under wraps regarding the much anticipated and imminent release of the
Universal Market Trader.
I can tell you firsthand that NetPicks is receiving
mountains of emails each and every day over the last week or so from truly
excited and curious traders wanting to know more.
But so far, they haven't let out all the details.
How much will it cost?
Where and how can I get one?
How many will be available and how quickly will it
sell out? Please take note that a sell out is assured (in their first private
release they lasted less than 4 days.)
When can I own it?
Does it really work just as well for forex, futures
and stocks...daytrading and swingtrading?
Can I ask my questions directly to the developers?
Next Tuesday, August 21, 2007 at either 1:00pm
EST (New York time)/10:00am PST/5:00pm GMT or at 9:00pm EST/6:00pm
PST/1:00am GMT NetPicks is holding a live tell all webcast that
will address all of these questions and much more. You will see The
Universal Market Trader in action and in greater detail than ever before.
Plus you will hear direct from the developer himself, and be able to ask
all of your questions live.
If you want to take your trading to a place it has
never even been close to before, make the time and drop by. If you have
read just a few of the testimonials posted, you should have a pretty good
idea this may be a life changing event for you, just as it was for so many
of our current owners when they attended nearly two months ago.
To register for the 1:00pm EST/10:00am PST/5:00pm GMT
webinar please go here:
Universal
Market Trader 1.00pm Webcast
To register for the 9:00pm EST/6:00pm PST/1:00am
GMT webinar please go here:
Universal
Market Trader 9.00pm Webcast
Also because of the demand, it is highly recommended
you attend, as you will be able to pre-reserve your copy (with no
commitment) live at the webcast, there will be no other chance to do this.
I can tell you all of NetPicks' previous releases sold
out very quickly, and this time will be no different.
Mark next Tuesday down in your calendar, it is one
webcast not to be missed.
Universal
Market Trader - Stocks, Forex & Futures Trading with ZERO Subjectivity
|
|
P.S. - If you aren't averaging about 70%+, or nearly 4
out of 5, then you aren't doing as well as the Universal Market Traders
owners. And we're not the one's saying this, the owners are.
"I have spent more than $25K on software and
training over the last 3 years, and after testing the UMT system for 4
weeks, I know I will be making some serious money. I have not seen anything
better. I use TradeStation and Ninja trader to enter the trades, I believe
this is a combination that is perfectly suited for simplifying the entry of
trades for this system. I suspect the blow away results day was July 26th.
My results for that day netted 45.5 points per contract on 28 trades, 26
win.ners (including 4 where stops were moved to protect prof.its). My only
regret is that I had promised to spend the Month of July learning the
system, so after 2 wins the rest of the trading was on the Ninja simulator.
I recommend that you go through that day and pick out all the trades the
system generates. It will be a great experience. July 27th was almost as
good. To learn, I have run over 200 trades through the system in the last 2
weeks with more than 75% win.ners. The only losing day was July 19th."
Click for Universal Market Trader Now!
|
|
Technical Indicators
Moving
Average, Triple Exponential
The Triple Exponential Moving Average (TRIX) is an oscillator used to identify
oversold and overbought markets as well as a momentum indicator. For use as an
oscillator look for a positive value to indicate an overbought market and a
negative value indicate an oversold market. When TRIX is used as a momentum
indicator, a positive value suggests increasing momentum just as a negative
value suggests momentum is decreasing. Some believe that the TRIX crossing
above the zero line is a buy signal and a closing below the zero line is a sell
signal. Divergence between price and TRIX can also indicate significant turning
points in the market.
Read More...
Trading Ideas &
Picks
Patterson-UTI Energy Inc - Descending
triangle
PTEN - Notice how a bearish descending triangle
pattern has formed on the Point & figure chart. This chart pattern shows
that the $20 level is a major level of support and that the stock will likely
experience a sharp pullback if the price moves below it...
Trading
Picks - Read More
Trading Ideas &
Picks
Swing
Trade of the Week
ADSK: Stock made a bearish move
starting in mid July to break its uptrend, causing a MA crossover down. Stock
is experiencing initial resistance at the MAs and has closed the day back down
below the 20 day EMA . Look to go short at 43.99...
Trading
Ideas - Read More
Trading Education
Tutorial
Courtesy of
Nirvana Systems
Trendlines
Determining Market Reversals and Continuations
Trendlines are perhaps the oldest tools known to
chartists. Trendlines form across peaks and valleys called pivot points -
relative highs and lows in a chart. As more points form along a line, it
becomes more "established". This means that, when the line is broken,
it will likely follow through with a strong move in the new direction.
Read More...
NASDAQ Chart of the
Day
Courtesy
of Nirvana Systems
GOOG has formed a clear
head-and-shoulders pattern with a neck line (support) at 499.00. Today's break
of this level could lead to a move back toward the 460.00 level.
Daily Trading Signals
NYSE Chart of the Day
Courtesy
of Nirvana Systems
CEN has formed a large saucer top
pattern that has the potential for a huge breakout move. The bottom of the
pattern (support) at 31.60 has held through several tests, but a break could
deliver a move of about 10 points. Watch this zone closely.
Daily Trading Signals
Daily Market Commentary
Courtesy of
Nirvana Systems
Updated Wednesday, 8/15 for Thursday's market.
|
Key DOW Levels for 8/16
|
|
UP
|
Above 13,400
|
|
DN
|
Below 12,800
|
Late-Day Sell-Off...
- Dow sells off sharply late in the day, closes with
167 point loss. The index has cleared the neck line of the highly bearish
head-and-shoulders pattern, which could make for more selling ahead.
- The NASDAQ and S&P each sold off sharply to Close the day, with each
index breaking key support. Look for more weakness moving forward, especially
if the indexes remain beneath support.
Summary
The Dow closed the day with a heavy decline this afternoon and continues to
push lower beneath the neck line of the major H&S. Look for the target of
the pattern to eventually be reached at around 12,400.
Read More...
