I sat down at my trading desk at 7:45AM and noticed TSLA was down off of the negative article in Barron’s, near a nice technical level at 98, and I bought it. I shared this with the trading community. As TSLA started to work from this 98 level I added. I shared this with the trading community in real time. … Read More
Training Session with Steve Spencer: Three Trades on $TSLA
The price action in $TSLA from the past six trading days does a nice job of demonstrating three distinct types of trades. Not all trades makes sense to all traders. But if as a trader you can figure out which of these trades fits your personality best and then build a detailed trading plan on how to attack it next … Read More
SMB Forex and Futures Weekly Trade Review 6/7/13
In this segment, Marc Principato, CMT demonstrates how a trade in the EUR/USD is taken using volume analysis in conjunction with our pattern recognition methodology to realize a outsized reward to risk ratio. To learn more visit: bit.ly/smbhome [purehtml id=15] — Marc Principato, CMT, Risk Disclaimer Risk Disclaimer *No Relevant Positions
One Stock, Three Trades: $TSLA
(This post was written on June 1, 2013) The price action in $TSLA from the past six trading days does a nice job of demonstrating three distinct types of trades. Not all trades makes sense to all traders. But if as a trader you can figure out which of these trades fits your personality best and then build a detailed … Read More
Forex Trading: Major Price Reversals
Just a couple of weeks ago, the EUR/USD and GBP/USD looked as if they were going to zero. The media and experts were citing all kinds of bearish facts and fundamentals. If you look at the prices now, both pairs have dramatically reversed and are showing nothing but signs of strength. What happened? Were you distracted by all the “experts”? … Read More
SMB Forex and Futures Weekly Analysis 6/3
In this segment, Marc Principato, CMT analyzes the S&P 500, EUR/USD. GBP/USD and AUD/USD from a broader technical perspective. To see this analysis in real time, visit: bit.ly/smbhome [purehtml id=14] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Trade Review: $DDD
This trade review video of DDD discusses a “momentum reversal” short trade Steve made on May 14. To watch the video please sign up below: If you would like Steve Spencer’s Trade Review videos to arrive directly to your inbox as they become available, please subscribe HERE. Steven Spencer is the co-founder of SMB Capital and SMB University and … Read More
SMB Forex and Futures Weekly Trade Review 5/31
In this segment, Marc Principato, CMT reviews an acceleration setup that occurred in Gold recently. He also explains how this correlates with the GBP/USD. For more information visit: bit.ly/smbhome [purehtml id=13] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions