Gann’s Trading Rules

Dec 17, 2014 | Market Commentary

Never risk more than 10% of your trading capital in a single trade. Always use stop-loss orders. Never overtrade. Never let a profit run into a loss. Don ‘t enter a trade if you
Read full article

Opening Play for Tuesday 12/16 in CST

Dec 15, 2014 | Market Commentary

Good Morning Traders! Above is a chart showing the RSI for the DOW as well as the 50% retracement level a bit lower.  Beneath that is the 5 and 10 day moving average of the of the adv
Read full article

5 minute charts off OP

Nov 21, 2014 | Charts, Market Commentary

Yellow  dot is  7 AM  reading The best  “flags” or continuation patterns  come after Impulse which is  strong enough to push Price  through the Keltners (Purple  ba
Read full article

Opening Play for Friday 11/7

Nov 06, 2014 | Market Commentary

Good Morning Traders! No signs of a top….numerous shares continue to make all time highs…..indexes on extended runs.  Look at the nice chart formation the Russell has on t
Read full article

Opening Play for Wednesday 10/15

Oct 14, 2014 | Market Commentary, Opening Play

Good Morning Traders! After three days high to low, the index futures had a consolidation day – trading back and forth through opening price several times. The SPs and Nazdaq had
Read full article

Opening Play – Friday Sep 12

Sep 11, 2014 | Market Commentary

      Good Morning Traders! The market gapped lower and then traded from low to high.  The 120  minute chart of the Russell suggests that a full retest up is still pos
Read full article