Recent content by shshao

Recent algorithmic changes has made the TradeScalper signals amazingly accurate for scalping, especially with Index and Oil Futures. Come check it out. BTW- All times are EST (GMT-5).

Bad news on QuoteTracker. They decided, without prior warning, to cancel their free service with InteractiveBrokers and all other broker feeds. Further, they increased their price simultaneously. So what are the best low-cost charting services available to mini traders?

I hope this isn't a violation, but I have a free trading service I'd like to share with everyone here. Basically it monitors forex and index futures markets for activity AND trends. I've been successfully using it to help with my daytrading. Instead of relying on the published regular trading...

Daytrading and Scalping hints Want to learn to stop overtrading? It's simple. Trade only when markets are busy with activity AND trending. Instead of relying on the published regular trading hours (RTH) for activity, measure the activity of the market makers by the frequency of their moving of...

For daytrading, I define a market as choppy whenever the 60 minute chart moving average is not in alignment with the 1 minute chart moving average. That keeps me out of the market most of the time, so I use TradeTimeAlert.com to keep me posted when a trend reappears.

Knowing when to trade and when not to trade was the eye-opening lesson for me.

Is it better to trade multiple markets, or stick to a single one like EUR.USD?