Market Data Sources
Here’s where we get some of our data that we use in our analysis.
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Trading like a Cheetah
Often traders feel that they MUST be trading all the time. This couldn’t be farther from the truth. A successful trader will act much as a cheetah does hunting its prey in the African Safari, striking less often, but with vengeance. A Cheetah will track a herd of gazelle and wait low in the outlying grass, carefully identifying his prey of choice, the weakest, the one with the highest risk/reward. It is only then that the cheetah attacks with full force capturing its…
Screen Setup & Excel Spreadsheets
Below is a quick video that outlines my screen setups along with some of the excel spreadsheets I use for intraday trading.
Candlestick Charting 101
Candlestick charts are a simple and effective way to read the days price action. Originating in Japan, Steve Nison brought the candlestick charting method to the west and is widely used in technical analysis to this day as candlestick charting can be used and applied across any trading vehicle or time frame. The candlestick is made up of two parts, the body and the shadow. A body that is filled in means prices opened higher than they closed. A body that is not shaded means…