Afraid to Trade.com Blog Latest Blog Posts |
Add as Favorite
Claim Blog |
http://blog.afraidtotrade.com/ - Helping traders overcome fears and emotions in trading
Click on the "vote it up" button to submit a story below to our homepage.
If you're the owner of Afraid to Trade.com Blog, claim your blog to unlock additional tools and reports.
If you didn’t check the US futures on Thanksgiving (what good trader wouldn’t do that?!), then you missed some sharp downside action, spurred by global shockwaves from Dubai’s proposal to postpone debt payments . Global Markets were open while the US Market was closed, and ...
Stocks
I wanted to show the morning “External” or “Lengthy” (multi-swing) negative Momentum and TICK divergence that preceded a mid-day retracement which served as an excellent low risk, high probability short-sale opportunity. Let’s see it on the 1-min SPY chart:
...
Stocks
A reader asked me to create a chart of the “Gann Fan” structure, and I wanted to show that chart as one of my “Chart Art” series of posts. Let’s take a look at a 10 point Gann Fan originating from the 2007 high and also the 2009 low in the Dow Jones Index.
...
Stocks
Dow Jones & Company
There’s an interesting convergence of two ‘advanced’ technical trading methods that show potential overhead resistance - or upcoming technical breakthrough - at the 10,500 on the Dow Jones Index - the upper trendline from an Andrew’s Pitchfork and the 100% Fibonacci ...
Stocks
Dow Jones & Company
I wanted to put up a quick mid-day update on the current market as of 1:45pm EST, showing a tight consolidation/triangle pattern that’s worth watching for a breakout play.
(Click for full-size image)
I’ve drawn two larger trendlines that highlight the price compression (solid ...
Stocks
Day Trader
NYSE
From now until November 30th, Elliott Wave International is offering part 1 (a 42 page PDF document) of their “ How You Can Identify Turning Points Using Fibonacci ” e-book.
Chapters in the eBook include the following:
Ch 1: The Golden Ratio and the Golden Spiral
Ch 2: ...
Other
Instead of looking at absolute breadth (advancers minus decliners) data, let’s smooth out that data with moving averages and take a look at the ‘bigger picture’ of recent breadth developments.
Hat tip to Andrew Horowitz of the Disciplined Investor for teaching me how to ...
Stocks
Over the weekend, I read an article at Phil’s Stock World written by Trader Mark entitled, “ What the Heck is Going on with Mondays Lately? Always Up! “ I initially had skepticism after reading about the recent tendency for Monday’s to be big up days, but after ...
Other
Friday’s action gave us one of the best examples of the ‘Rounded Reversal’ Day Structural developments. Let’s take a quick look at both the intraday SPY 5-min and 1-min chart and use this day as an educational reference of this concept.
One of the keys of a ...
Other
I wanted to point out a clean idiosyncrasy in the current S&P 500 chart of the last three months - almost with awe.
This cycle has held up so far, and it’s allowed me to call successful predictions recently upon recognizing it earlier.
If the cycle repeats, then you have a clear ...
Other
I wanted to point out a clean idiosyncrasy in the current S&P 500 chart of the last three months - almost with awe.
This cycle has held up so far, and it’s allowed me to call successful predictions recently upon recognizing it earlier.
If the cycle repeats, then you have a clear ...
Other
With Dell’s earnings disappointment this morning, let’s pull the perspective back to the weekly timeframe to put this drop into perspective, and then look at a confluence resistance zone overhead… as well as a confluence support zone underneath. Which will hold?
First, ...
Stocks
Dell
In a special update from Las Vegas, let’s look at this week’s “Editor’s Picks” from the NewsFlashr Business Blog site :
1. An excellent bookmark and reference page from Darwin’s Finance : A List of Every ETF Known to Man
2. John Forman of the ...
Stocks
Economic Blog
November 17th’s intraday SPY (and other Index ETF and futures) action gave us an excellent example of the “Rounded Reversal” structure along with a positive TICK and multi-swing positive momentum divergence marking the absolute low of the day and forecasting an intraday price ...
Stocks
Something interesting might be happening in the SPY chart, particularly with regard to the three most recent swing-ups in price - they have all been exactly equal in price moves (so far).
Let’s look at these three symmetrical swings - called “Measured Moves,” - and note the ...
Stocks
If you’re a big fan of Podcasts and enjoy financial commentary, you’ll likely enjoy the Disciplined Investor weekly podcast series, hosted by Andrew Horowitz.
Andrew is a colleague and good friend of mine and he has been a strong supporter of me and my blog, and I wanted to return ...
Government
Andrew Cuomo
With today’s price action breaking a characteristic behavior of the prior four short-term swing highs in the S&P 500, let’s take a look at those four prior peaks and what the same and what’s different about the current ‘peak.’
S&P 500 Daily:
...
Other
With price resembling a “Measured Move” pattern - a type of loosely defined flag pattern - let’s take a look at the full price projection target off the March lows for both the S&P 500 and the Dow Jones Index… which are now mere points away from a full move.
First, ...
Stocks
Move Inc.
Dow Jones & Company
Let’s take a quick flight around the globe to view the weekly charts from the peaks in 2007 to the present recoveries in the broad stock market indexes of India, Brazil, and China to see how far an index fell and how much it has recently recovered.
First, let’s start with India.
...
Stocks
Adam Hewison is back with two more quick update videos on two critical markets - the Dow Jones Index and Gold.
In respect to the Dow Jones and S&P 500, Adam published a video entitled “ Two Forces are About to Collide ,” in which he discusses the important 50% Fibonacci ...