In this segment, Marc Principato, CMT reviews potential support and resistance levels where swing trade opportunities may emerge. He provides coverage on the S&P futures, EUR/USD, GBP/USD, and AUD/USD. To learn more visit http://www.smbtraining.com/overview/forex-training [purehtml id=5] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Trade Review with Steve Spencer: $TDC
In this trade review Steve discusses changing his bias from short to long in TDC. He weaves together long-term technicals with short-term ones, discusses market structure, and talks about how tape reading influenced his position as well. He is currently long TDC. To watch the video please sign up below If you would like Steve Spencer’s Trade Review videos to … Read More
The Playbook Webinar Recording: Trading During a Conference Call
If you missed this Webinar by Mike Bellafiore, author of the “trading classic” One Good Trade, on “Trading During a Conference Call”, this is your opportunity to watch it. Please sign up below to receive the link to the recording.
The Hustling Trader
The NBA playoffs are here and listening to elite coaches coach can help us as traders. The best coaches gloss over who led the team in scoring (P&L?) and stress “hustle plays”. These hustle plays can make the difference between a win or a loss at this highest level of competition. That got me to thinking about our game. What … Read More
SMB Forex and Futures Weekly Trade Review 5/3
In this segment, Marc Principato, CMT illustrates how a trade in the EUR/USD pair was validated using our volume analysis tool. [purehtml id=3] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
$FB – Gap and Go Trade
Here is an example of a pro trader breaking down a Gap and Go Trade in $FB the day of earnings. Mike Bellafiore The PlayBook One Good Trade no relevant positions
Forex Trading: Hedging. Is There an Advantage?
There was a time (before 2010) when you could open a forex account with any U.S. broker and have the ability to hedge your spot forex transactions in the United States. Residents outside the U.S. still have the ability to hedge their forex positions. On the surface, hedging sounds like the ideal situation: After taking your initial position, if you … Read More
Starting a Prop Desk
Hi Mike, I have a couple of questions that I would like to ask you. First, what is the success rate of new traders once they go through the SMB program? And second, in your opinion what would be the ideal number to start a trading floor with? I realize you might refer to how much capital is available but … Read More