Home » Archives for admin

Author Archives: admin

Paper Trading Is NOT What Will Teach You To Trade

Paper trading is only useful for the testing of your methodology. By Editorial Staff This is an excerpt from Elliott Wave International’s free Club EWI resource, “What a Trader Really Needs to be Successful” — a classic Special Report by EWI’s president Robert Prechter. … 3. Experience. Some people advocate “paper trading” as a learning [...]
Posted in Trading | Tagged , | Leave a comment

Key Events: Wednesday, March 10, 2010

Wednesday, March 10, 2010 7:00 AM ET. Mar 5 Mortgage Applications Market Composite Index (previous 629.9) Market Composite Index Cur Chg (previous +14.6%) Purchase Index (S.A.) (previous 214.5) Purchase Index (S.A.) Cur Chg (previous +9%) Refinance Index (previous 3054.3) Refinance Index Cur Chg (previous +17.2) 10:00 AM ET. Jan Wholesale Trade Inventories (expected +0.2%: previous -0.8%) 10:30 AM [...]
Posted in Market Calendar | Tagged , | Leave a comment

Gold: Best Supporting Role In Economic Downturns? Think Again

Gold’s safe-haven status is based on hype, not history By Nico Isaac As I sat down to watch the Oscar pre-show on Sunday night, March 7, one word was repeatedly used to describe the celebrity starlets and their designer duds: GOLD. Gold bustiers and gold lame skirts, shiny gun-metal dresses and glittery sequined gowns all basking in [...]
Posted in Commodities | Tagged , | Leave a comment

Gold’s Latest Move – Video Analysis

by Adam Hewison The move down in gold yesterday surprised many traders and flashed an exit signal based on MarketClub’s daily “Trade Triangle” technology. As we have mentioned before, we felt that gold was in a broad trading range and were not optimistic that it would shoot higher. The action yesterday confirms that we have more of [...]
Posted in Commodities, Metals, Technical Analysis, Trading Videos | Tagged , , , , | Leave a comment

Key Events: Tuesday, March 9, 2010

Tuesday, March 9, 2010 7:30 AM ET. Feb NFIB Small Business Optimism Index Small Business Optimism Index (previous 89.3) 7:45 AM ET. Mar 6 ICSC/Goldman Sachs Chain Store Sales Chain Store Sales Index – WoW (previous -0.8%) Chain Store Sales Index – YoY (previous +0.7%) 8:55 AM ET. Mar 6 Redbook Index MoM % Change (previous +1.6%) 12MonChgPct [...]
Posted in Market Calendar | Tagged , | Leave a comment

Options 101 – CNBC

CNBC’s Melissa Lee and the Options Action traders answer viewer mail. Topics: options trading, calendar spreads, long calendars, deep in the money options, covered calls, Home Depot (HD), Bank of America (BAC). Running time: 4:38
Posted in Options, Trading | Tagged , , , , | Leave a comment

Key Events: Monday, March 8, 2010

Monday, March 8, 2010 10:00 AM ET. Feb Conference Board Employment Trends Index US Employment Trends Index (ETI) (previous 93.2) US Employment Trends Index (ETI) MoM Change (previous +1%) Key Events and Commentary available earlier every morning, via MarketClub.
Posted in Market Calendar | Tagged , | Leave a comment

Learn Elliott Wave Analysis — Free

Often, basics is all you need to know. By Editorial Staff Understand the basics of the subject matter, break it down to its smallest parts — and you’ve laid a good foundation for proper application of… well, anything, really. That’s what we had in mind when we put together our free 10-lesson online Basic Elliott Wave [...]
Posted in Stock Market, Technical Analysis, Trading | Tagged , , | Leave a comment

Key Events: Friday, March 5, 2010

Friday, March 5, 2010 8:30 AM ET. Feb Employment Report Non-Farm Payrolls (expected -75K; previous -20K) Unemployment Rate (expected 9.8%; previous 9.7%) Average Hourly Earnings (previous 18.89) Average Hourly Earnings Net Change (previous +0.05) Manufacturing Payrolls (previous +11K) Overall Workweek (previous 33.3) Overall Workweek Net Change (previous +0.1) Service Producing Payrolls (previous +40K) 3:00 PM ET. Jan [...]
Posted in Market Calendar | Tagged , , | Leave a comment

Wave Principle Crash Course: There’s No Going Back

Free video tutorial available to all Club EWI members By Nico Isaac For over ten decades, the mainstream financial world has embraced the view that external news events drive trend changes in the markets. In less than ten minutes, EWI’s senior tutorial instructor Wayne Gorman shatters that very idea into a fine dust, swept away [...]
Posted in Economy, Investing, Technical Analysis | Tagged , , | Leave a comment
Powered by Yahoo! Answers