VWAP is a great indicator that should be available with most of the trading platforms. VWAP or volume weight average price is weight provides average value of trading instrument based on both price and volume. How I use VWAP in trading: VWAP the average itself, I believe it is highly monitored level so I look…
Category: Education
10 Complimentary Lessons to Separate Yourself from the Investment Herd
Hey Traders, “Successful market timing depends upon learning the patterns of crowd behavior. By anticipating the crowd, you can avoid becoming a part of it.” I pulled this quote directly from the opening paragraphs of the free Elliott Wave Online Tutorial. It’s critical to your understanding of how markets really work. Now some might say,…
Free 47-Page eBook: How to Spot Trading Opportunities
Hey Traders, What if you could look at a chart and instead of seeing what happened, you could see the potential trading opportunities that could happen. Elliott Wave International (EWI), the world’s largest market forecasting firm, has just released a free eBook to teach you exactly that. The How to Spot Trading Opportunities eBook features…
The Bounce Is Aging, But The Depression Is Young
By Bob Prechter The following is an excerpt from Robert Prechter’s Elliott Wave Theorist. Elliott Wave International is currently offering Bob’s recent Elliott Wave Theorist, free. On February 23, EWT called for the S&P to bottom in the 600s and then begin a sharp rally, the biggest since the 2007 high. The S&P bottomed at…
Why Do Traders Fail?
By Jeffrey Kennedy The following is an excerpt from Jeffrey Kennedy’s Trader’s Classroom Collection. Now through August 17, Elliott Wave International is offering a special 45-page Best Of Trader’s Classroom eBook, free. ———– I think that, as a general rule, traders fail 95% of the time, regardless of age, race, gender or nationality. The task…
MR YEN, THE TRADING GOAT
Brian Watt or MR YEN had declared himself to be the goat of trading in a twitter rant: im not the GOAT because of my annual returns im the goat because from 2014 to early 2020 i put up 72 straight winning months with no drawdown greater than 2%….a record no one will ever break….
The Three Phases of a Trader’s Education: Psychology, Money Management, Method
By Jeffrey Kennedy The following is an excerpt from Jeffrey Kennedy’s Trader’s Classroom Collection. Now through August 10, Elliott Wave International is offering a special 45-page Best Of Trader’s Classroom eBook, free. ———– Aspiring traders typically go through three phases in this order: Methodology. The first phase is that all-too-familiar quest for the Holy Grail…
FREE Fibonacci Time and Price Analysis Live Webinar by Carolyn Broden
Carolyn Boroden: Fibonacci Time and Price Analysis Date: Thursday, April 9thTime: 3:30pm Central Time (4:30pm ET)Speaker: Carolyn Boroden, FibonacciQueen.com Learn how to use Fibonacci Time and Price Analysis to identify high probability trade setups with defined risk and profit targets. Fibonacci based market geometry and symmetry can provide you with the edge you need to…
Training Yourself To Take Small Losses Quickly
Great Read for all traders, dealing with aspect responsible for 95% of trading – Psychology. Read full article for tips on how to deal with this problem: Phil Pearlman – Training Yourself To Take Small Losses Quickly. Enjoy
Don’t Hate on Globex Futures Session
Traders, if you only trade stock and have access to futures quotes/charting, you should consider overnight or globex sessions futures trading extreme parameters in your trading. One of the clearest examples why is trading over the last 24 hours:globexhighsOrange box indicates the highs set during Globex futures trading session on Sunday. Now looks how significant…