Category Archives: Tips

TLT – Warning Sign

Two days ago someone in a forum was bullish on TLT during a bullish intraday rally.  I took a look at it.  Then something on the 60 minute chart stood out like an eye sore:  despite the bullish price action, … Continue reading

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Al Brooks’ Price Action Trading

While the market was doing its yo-yo (hopefully bear flagging) around the 200 day EMA, I thought it might be a time better spent jotting down some notes from Al Brooks’ presentation from a few years ago. Continue reading here…

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The First Reversal During the First Hour

I think I probably first learned about this setup from Al Brooks — the first reversal during the first hour of trading.   In other words, during the first hour of trading (preferably the first 30 minutes), if 2 bars or … Continue reading

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Avoid Odd Lot Trades

I didn’t bother to do the research on exactly how odd lot trades are handled, but one thing is for sure: they are handled separately and differently than regular trades.  I paid a small price for this lesson today. I … Continue reading

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Using Naked Puts to Get a Leg In

So I’m trying to build up a short position by accumulating bear ETF’s such as SPXU, TZA, etc.  The market has been selling relentlessly for more than 2 weeks now until yesterday’s high volume reversal candle, which by the way … Continue reading

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Driven By Fear

There’s a fine line between greed and fear.  They are the most common emotions that a trade has to face.  But for me, after watch myself trade over the past years, I think I am almost always driven by fear. … Continue reading

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Stock Tweets Amount to Deadly Temptations and Distractions

It’s Tuesday.  The market has been selling.  This week started with a gap up on news that the congress had a debt ceiling proposal ready for voting.  It’s a sell-the-news event, exacerbated the ISM manufacturing index shrinking big time in the … Continue reading

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