Hey Traders, excellent gap fill setup this morning (click on image to enlarge) Update 10am: market went on to fill full 10 pt gap without any major retracements Hope this helps Vlad
Author: Vlad
Opening Range Notes by Paul
Hello Traders, I wanted to share my opening range ideas for 7-10-09. ES opened with OR of 872-873.75 (white arrow). Draw lines across top/bottom of 1st 1min candle. I wait for two consecutive 1min closes above/below the OR for trigger and to filter out fakes. Entry is 1 tick above/below the OR and came at 9:36…
Using Opening Range in Trading
Opening Range (OR) – is simply the range of the opening one minute bar during US market hours (sounds too simple, but don’t underestimate the power of this tool!). I use two horizontal bars to mark it as it often comes into play and is an excellent gauge of market direction: (video contains no audio,…
Box Trade
Box Trades or range breakout trade is one of the simplest and high probability trades out there, just the way I like it. It works with all markets. What is needed to create a box: at least two lows at same level at least two highs at the same level Once 2 lows and 2…
Support and Resistance Reversals
Support and Resistance Reversals happen all the time on all time frames and are very simple. Previous broken support becomes resistance and previous broken resistance becomes support. Here is a look at few examples from last few days alone. – SP500 emini futures Spike high from overnight session on Thursday becoming support and low of…
What is an Ambush Trade?
Ambush is one of the highest probability trades that works in most markets on all time frames, from minute to monthly charts. Ambush Trade is basically a 50% Fibonacci retracement trade or simply put “half-way-back” trade. Basic Strategy:– Pull up Fibonacci Retracement Tool on your charting software– Draw from the beginning of the move to…
Ambush Trade Webinar
Ambush Trade is one of the highest probability trades on all time frames in all markets . I talk about ambush trades a lot in my analysis posts, in case you were wondering what in the world that is, here is a 2 hour webinar from Ambush Trade King himself David Halsey from EminiAddict, he…
Keep Breaking Rules? Take Control of Your Trading!
Keep breaking rules? keep saying “OOPS, broke my rule, BADD! i won’t do it again”? well enough of that, time to take control of your trading: The TASER C2 is your personal trading coach. Electronic Trading Control Devices (ETCDs) use propelled wires to conduct energy to affect the sensory and motor functions of the nervous system…
Training Yourself To Take Small Losses Quickly
Great Read for all traders, dealing with aspect responsible for 95% of trading – Psychology. While taking small losses may seem like a simple matter of discipline, there are a number of reasons why this is not the case. I have written about it already, but to summarize briefly, holding a losing position tends to…
Mark Douglas – Mind Over Market Video Interview
Mark Douglas is an author of the best trading psychology book ever written “Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude” In this interview he pretty much summarizes a lot of what is written in this book, it’s a must watch for any trader who has not had a…