Recent content by Hercules88

Re: Analysis Of The Key Economic Reports (Grade: C-): Data Remains Scary But Dollar R Completely agree. Good stuff, keep up the excellence ITMS

hmm interesting i had never even heard of level 3. I'm trying to learn as much about market makers as I can, and seeing what tools they use can help me visualize what they are doing.

Re: 1st of December, Last of 2009 What are we looking at for the rest of the year? Will the dollar's weakness end up being a problem before the year is out? Just last week we were looking at a tweezer reversal pattern. We are still at some pretty strong resistance, with the weekly charts...

Yesterday was one of the lowest volume trading days of the year, and I thought it was confirming our recent up move. But the news out of Dubai today could bring much-needed strength to the dollar, just in time for it to matter for technicals. Historical probabilities pointed to an up day...

In the beginning of my trading, I would always exit a position early due to the fear of losing. It was only until I broke trading down into a very mechanical process that I would gained the confidence to know when to stay in. It takes a lot of concentration and work though to control the...

I agree. Level II is a lot more complex than back in that time period, especially with the number of program trades that go on today. To me, the tape just seems to have so much noise in it. I do know that some of the traders that can make sense of it are still doing quite well off the tape...

Look at stock twits, there's a lot of people in there that make live calls for the US. Not that I would blindly follow any of their calls, but some are good; I follow futurestrader71. Freetradingvideos.com has a free chat where sometimes you'll get some calls, I use it for its commentary though.

Agree. Not familiar with Savi, but hard to tell how vested they are in seeing you succeed. I think there's better learning resources out there than for what they offer.

Bob Sinclair- Love Generation http://www.youtube.com/watch?v=v0NSeysrDYw Gets me going on in the morning...

My main beliefs are: 1. Lack of capitalization 2. Over trading 3. Improper mindset Just about every trader pays their dues to the market, without enough money, even a small draw down will paralyze you. A lot of newbie traders go in to the markets and trade time after time thinking they'll...

Thanksgiving Week -This market has been dominated by the dollar's actions. This will be the key to the SPY's price action. -We are looking at Thanksgiving week next week (markets closed Thursday, close at 1pm EST on Friday) -- holiday weeks usually tend to be low in volume (although today was...

I am thinking we will be a little bullish tomorrow. Bullish candlestick formation (http://www.freetradingvideos.com/vlog/default.asp?category=1), but more importantly for me, the vix has been in too narrow of a range today. expecting some volatility tomorrow into OP X day.

i have been told that the SPY can be multiplied by 9.95 to get the value of the $SPX

Indeed, this was one of the books that got me started trading ...

Noke, I don't trade pennystocks, but I can provide my thoughts. Pennystocks are much more volatile than the heavily traded, larger capitalized companies. A lot of times news is already "priced in" before being released due to anticipation. Thus the saying "buy the rumor, sell the news." BIEL...