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Trading Insights

Setting Up Between the Greens Entries

When the market is volatile and/or the Directional Bias of the daily is sideways (in accumulation or distribution) I will rely on my Between the Greens (BTG) set up that uses Fibonacci-based exponential moving averges to gauge corrections in the (very) short-term trend.

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Set Trading Goals That Work

Now that a new year has begun, it’s time to put away your wish list for Santa and start on your to-do list for 2011. A handful of you probably have “Make a truckload of pips”, or “Bounce back from my losses” as your goals. But are these enough?

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Sentiment + Momentum = Trend

If it all begins with sentiment, then the logical question to ask would be: What effects sentiment? Sentiment in a basic way can be described as bullish or bearish opinion. They are always both present in the market, however, it’s the balance of these two opposing opinions that we are watching.

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It's not what happens to you; it's what you do about it that makes the difference.W. Mitchell