Trading
March 26, 2019
Watch this short video on the tactical short on CRM. In this video I discuss: Why you need to use the higher timeframes to inform your shorter timeframe decisions The wider timeframe setup on CRM What is an inside bar reversal Using multiple timeframes for entries
March 25, 2019
Well today was a non-event. The indices spent the majority of the trading day trading inside the 60 min open. Can you say range based day? Aside from gold and gold stocks climbing higher through the session, NUGT being the one we called out as being one to watch during this week’s Weekly Outlook video, and TLT barreling higher. VXXB was unable to close the gap at 33.19 although is still within spitting distance so watch out for that tomorrow. Watch the video to hear an easy way to identify range based days and how I traded it. If you’re […]
March 24, 2019
In this video, we look at the technical outlook for the VXXB SPY QQQ IWM DIA TLT GLD BTCUSD UKOIL KRE AAPL NUGT for the week of March 25-29, 2019.
March 22, 2019
What a difference a day can make. Even as we cheered the thoughts of hitting all-time highs, at the [4:35] mark in yesterday’s market recap video, I emphasized the need to remain diligent. “The worst looking charts always begin as the best looking charts“. No truer words could have been spoken as the equity markets did an about-face today and trapped any traders who got sucked into yesterday’s rally. As I stated yesterday “If you were short or on the sidelines, this is the kind of day that hurts and probably caused a number of you to do some things […]
March 21, 2019
Summary The purpose of the Trading Perspectives Podcast is to spotlight and share the trading stories and perspectives of the Montreal Trading community. This inaugural episode features Terrence Li who shared his trading journey at September’s Meetup. Hear how he went From Suicidal To The Stock Market and How You Do Anything Is How You Do Everything. I hope you enjoy our first episode and stay tuned for more episodes! Resources Mentioned Your Money or Your Life – a book recommendation by Terrence on how you may want to invest in your financial future and (more importantly) your long-term happiness. Trade […]
March 20, 2019
March 19, 2019
As you may or may not know I founded the Montreal Traders Meetup group about 4 years ago as a venue where like-minded traders could come together and share trading ideas, socialize, and find support. Each month we meet in-person to discuss the gamut of trading topics from technical analysis, setups and entries, risk management, trading psychology, etc. The group has been growing steadily since our humble beginnings and I’m proud to say we have well over 1000 local members and pack our meeting venue each month. Late last year we started experimenting with Livestreaming the events and it’s been […]
March 18, 2019
Here’s something to keep on the radar. As mentioned in this past week’s Weekly Outlook, we’ve been watching this broadening formation play over the course of the past month. On Friday afternoon, the VXXB closed below the broadening formation support line (orange line) completing the broadening formation however left the possibility for an inside bar reversal. Now we need to see it continue to trade below or else if it pops back up into the range there’s the chance that it begins to works it’s way back up through the range.