trading

trading

Friday, 29 April 2011

"consolidating"





"breakouts lead to trends, trends lead to extremes, extremes lead to backing and filling, backing and filling leads to consolidation, consolidations lead to breakouts"
Wash, Rinse, and Repeat.

check blogs,  March 31, China capping its annual rare earth output.
                     April 4,  Why can't most people buy the all time high ?



The information contained herein is not, and should not be construed as an offer to sell or an offer to buy any securities

follow up, " Pivotal Points "





Possible change in basic market direction, and the perfect psychological moment to act at the beginning of a new move. maybe!



The information contained herein is not, and should not be construed as an offer to sell or an offer to buy any securities

follow up, breakout through "pivot buy pint"







The information contained herein is not, and should not be construed as an offer to sell or an offer to buy any securities

Thursday, 28 April 2011

First thing first. Before we make money

Everything starts with a belief system, as it determines our experiences in life and trading.
We don't trade the markets, we trade our beliefs about the markets. Knowing that, we have to have a plan that is supported by our beliefs or we have to change our beliefs in order to get results we want. Desired results are therefore the starting point in developing our trading plan and dictate the plan we chose.