Connecting the Technical and Psychological Aspects of Trading How does a trader integrate the technical & psychological aspects of trading? In our weekly Deep Practice program, traders come together to actively learn and practice trading the markets. Often, we will look at a specific market principle in some depth. We did that in Thursday’s Deep Practice. We looked … [Read more...]
Hidden Support & Resistance
Hidden Support & Resistance Are you aware that there are hidden support and resistance areas most trades don’t see? This hidden support and resistance isn’t derived by some fancy indicator. And, it’s not really hidden if you know what to look for. Markets will tend to trade around a given level, up and down, back and forth. It allows larger players to accumulate and … [Read more...]
An Afternoon Trade
An Afternoon Trade Here’s an afternoon trade in the S&Ps (ES) that set up wonderfully today. This is a common pattern we see on trend days. Trend days open at one extreme and close at the other. Today opened on its highs and closed near its lows. Trend days provide excellent trading At times, though, trend days that start in the overnight market seem to die out in … [Read more...]
