Monday, August 27, 2007
The brand NEW Universal Market Trader!
Stocks,
Futures & Forex, both for Daytrades and Swing trades
Fellow Swing Trader,
NetPicks will be pulling the product off the market at exactly 5pm EST today
(New York Time) 2pm PST. The order links will come down, the chance to own it,
gone for now.
It is 2 days earlier than they wanted but the demand was strong as expected.
This is the last chance to get your copy. It may return, but it will be a
while, and very possibly not at the introductory pricing.
Click for Universal Market Trader
As this will be the last you will hear about this release, here's the most
recent performance:
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To give you an idea of the most recent possible performance, let's look at
Friday, August 24th. Trading just one hour on the Russell e-Mini yielded +4.80
Points ($480 before costs per contract), S&P e-Mini in the morning session
+5 Points ($50 per point per contract), Dax Futures a quick two trades for +28
points which is almost $900 per contract before costs and Crude Oil one long
trade gained +0.49 which at $10 per tick is worth $490 per contract traded.
And, how about a swing trade on the Wheat futures - something totally
different? Just hit target on a buy that went 34 points, and $50 a point means
over $1,500 per contract on this swing trade. You can see the versatility
between markets and day or swing trading and you are about to empower your
trading at this level.
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Technical Indicators
Ease of Movement
The Ease of Movement Indicator was designed to
illustrate the relationship between volume and price change. It shows how much
volume is required to move prices.
High Ease of Movement values occur when prices are moving upward with light
volume. Low values occur when prices are moving downward on light volume. If
prices are not moving or if heavy volume is required to move prices then the
indicator will read near zero.
A buy signal is produced when it crosses above zero (an indication that prices
are more easily moving upward ). A sell signal is produced when the indicator
crosses below zero (prices are moving downward more easily)...
Read More...
Trading Education
Tutorial
Courtesy of
Nirvana Systems
Moving Averages and the Trend
Moving Averages Help Us Identify Trend Reversals
One of the old axioms of technical analysis is that
'the trend is your friend'. This holds true, as long as you trade in the
direction of the trend. However, your 'friend' has two faces, and can turn on
you to eliminate profits (and your friendship!). Trend reversals can occur at
any time and one of the important skills a trader must possess is the ability
to identify a reversal. It is easy to exit a position too early if we
over-anticipate a trend reversal, and just as easy to watch our profits
evaporate if we are too slow to exit the trade.
Read
More...
NASDAQ Chart of the
Day
Courtesy
of Nirvana Systems
MENT finally broke a major upper
trend line to the upside via a big breakaway gap through 13.35. This breakout
could lead to a serious uptrend.
NYSE Chart of the Day
Courtesy
of Nirvana Systems
TER has pulled back precisely to
the 50% Fibonacci Retracement zone and looks poised to head lower. This lower
high at Fib level indicates we could see another round of selling to new lows.
Daily Trading Signals
Daily Market Commentary
Courtesy of
Nirvana Systems
Updated Friday, 8/24 for Monday's market.
|
Key DOW Levels for 8/27
|
|
UP
|
None
|
|
DN
|
Below 13,150
|
Steady Uptrend...
- Dow trends slowly higher throughout session,
closes at highs. The Index trended steadily higher into the Close and
eventually ended the day with a big 143 point gain. The Dow is now at a
decision point at the key 13,400 level.
- The NASDAQ and S&P each trended steadily higher throughout the day, with
the tech-heavy index leading the way. Look for more strength ahead if near-term
support remains untouched.
Summary
The Dow closed the day at the session's highs with a nice gain after trending
higher the entire day. Look for the index to test the major upper trend line at
13,400 next week. This line will likely dictate direction.
Read More...
