Be careful out there trading this week. There is the strong potential that we have poor conditions for intraday trading this week. Market’s opened, up on a strong gap following G20 news. With equities at or near record highs, price action can become bi-polar, going between fear of missing out(FOMO) & fear of being left […]
Overcome Uncertainty with Time-tested AbleTrend Signals AbleTrend has been on the market since 1994, markets have been changed a lot since then. AbleTrend has endured both bull market and bear market, up trend and down trends, and something in between. Through the years we have seen so many trading systems became obsolete. Many trading […]
The New Micro E-mini Futures Edge for the Current High Volatility Now ECM has introduced the new Micro E-mini Futures. This new instrument has made it possible for individual traders to take advantage of the market volatility with lower risk. At 1/10th the size of a classic E-mini contract, Micro E-minis require less cash to […]
Following last week’s new record high in NQ, there remained some uncertainty about whether the breakout is the real deal. It wasn’t until Monday this week that there was a trading session that broke out and settled on highs. That seemed to give the OK for prices to continue up, which it did, on positive […]
The big S&P index was 13.65% higher in the first quarter which is the best Q1 in decades while stocks ended 2018 in equally unusual fashion, finishing the calendar year with the worst quarter since 2008. How to participate in this market relentlessly for profit and exit the market decisively with confidence is every trader’s […]
AAPL – Can we score again with the sweet spot? A few weeks ago, Apple had traded up to it’s weekly resistance dots. Following a nearly 40% decline in Q4 last year, the stock traded up on earnings in January. This move higher was followed by an extended testing period, where the price action had […]
Following is AbleTrend Signal Chart for today’s NQ daytrading: The sell signal comes in to start the afternoon session @7055. It trades down to a low of 7003, over 50 points lower or $1,000/per contract. Ultimately the trade ends @7019 for a 36.5 point gain or $730/contract. As you can see, the AbleTrend stops trail […]
This morning, stocks sold off heavily, giving back the weekend gains. Initially, futures opened higher on optimism of a trade deal with China, but that optimism faded in the morning, ostensibly due to economic data. To me, this reads as a manic market reacting irrationally to small bits of news, while the main story is […]
Following is AbleTrend Signal Chart for today’s NQ daytrading. As you can see in the above charts, the AbleTrend Guidance Chart combines 2 time frames into 1 chart and helps to filter out false signals. Within one chart it helps traders to detect the market trend with longer time frames (avoiding market noise with shorter […]
Following is the AbleTrend Signal Chart for PANW. As you can see in the above charts, the AbleTrend Guidance Chart combines 2 time frames into 1 chart and helps to filter out false signals. Within one chart it helps traders to detect the market trend with longer time frames (avoiding market noise with shorter time […]
