In this short clip from our AM Meeting I break down recent SPY action and discuss my thought process for possible trading scenarios. Also highlighted two In Play stocks ARMH and TWTR with possible trading scenarios. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded … Read More
Trading: Less Fighting, More Fishing
Much of the time when you read about trading, many use metaphors that refer to competition or war. You will often hear phrases like, “the forex arena”, “bulls battling the bears”, “you compete with the best and brightest minds in the world”. This is convenient and filled to the brim with conflict (we love drama just watch the news). What … Read More
Trade Review: Mastering EURUSD with Price Action Confirmation
In this segment, Marc Principato, CMT, reviews a real EUR/USD day trade that is based on two price patterns and candlestick analysis. He uses price action as confirmation to enter the trade. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Price Action Techniques For Consistency Part 2 Webinar
My 4 week online class begins on 1/21. Register before space runs out. This webinar provides an idea of the topics I will be covering. In particular: How I project support and resistance levels How I use candlesticks to validate trades And how to question the market for context Any questions, make sure to email me. Once the class begins, registration will … Read More
How do You Use Candlesticks? Trade Confirmation.
Marc Principato, CMT, shares his beginner series where he illustrates how candlestick wicks offer valuable information when it comes to gauging buying / selling pressure at the moment. They are excellent forms of price action confirmation. Subscribe: http://bit.ly/utraderyt Help me write my book: http://www.unconventionaltrader.com Training Info: http://www.bit.ly/smbhome My analysis on TradingView.com: http://bit.ly/tviewprfle Twitter: http://www.twitter.com/marcpmarkets Webinar and Trade Review Archive: http://bit.ly/archpge … Read More
How Conventional Are You?
As a trading mentor, I speak to many up and coming traders who are looking for guidance. There are a number of things that I ask to gauge where the trader is in their learning curve. One of the main pieces of information that I like to learn about a trader is what strategy or strategies are they executing within … Read More
EUR/USD Strong. Next Support?
EUR/USD is generally strong but immediate price action is more range bound. Where are the best levels for longs? — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
What Is Price Action Analysis?
Everyone has their own definition. Here is a taste of how I define and use it. — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions