Mike, I’ve recently been in touch with SMBU regarding the SMB Foundation/Trader Development program and will be starting, military hours permitting, in the next couple months. I read your book (One Good Trade) and listened to any videos/interviews I could get my hands on that had SMB Capital in it and, and after taking your advice from your book, I … 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
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
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
Forex Trading: The Bionic Forex Trader
Many struggling forex traders are in that position because they don’t realize one thing: the job of a professional trader is to isolate the least random market information and then take risks that are proportional to their trading capital. I say “least” random because a “non” random condition would mean that the particular setup would work 100% of the time. … Read More
SMB Forex and Futures Weekly Trade Review 5/24
In this segment, Marc Principato, CMT reviews a short taken in the S&P500 CFD at a major market top. See how our pattern recognition and volume analysis allow our traders to hold a position longer. For more information visit: http://www.smbtraining.com/overview/forex-training [purehtml id=10] — Marc Principato, CMT, Risk Disclaimer *No Relevant Positions
Forex Trading: Position Sizing Is More Important Than You Thought
Too often I listen to inexperienced traders over reacting, exaggerating and showing how over dependent they are on things like technical analysis. Too many engineers and people who think they can outsmart the market by trying to define everything it does with some over restrictive measure, indicator or data series. Much of the time, the objective of this pursuit is … Read More