The Right Tool

The Right Tool

Simpler Summary As the opening bell rings and you pull up your charts, they may appear like the garbled blueprint of the Taj Mahal. As the Site Manager to the construction of the building you would not pull out a wrench to saw through a 2 by 4, instead you would need to know what … Read more


Learning the Language

Simpler Summary Whenever you first start trading, you may become overwhelmed with the jargon that so many traders like to use. As you sit in the trading room or listen in on a webinar, you may feel as if everyone is speaking a different language – except evenGoogle Translator can’t help. Don’t be discouraged if … Read more

Diamond in the Rough

Simpler Summary As the market moves out of consolidation and the overall pull back we have seen from earlier this year, there are a lot of charts setting up to make some nice moves. If the markets are able to break out of this consolidation to the upside, there will be some stocks that have … Read more

Patience is a Virtue

Simpler Summary Patience is a virtue. It is a phrase many of us have heard throughout our lives. It was told to us as kids when we asked “how much longer?” on a road trip. The saying was repeated to us as we grew older and checked for college acceptance letters, or when we waited … Read more

Leggo Your Ego

Leggo Your Ego

Simpler Summary Sometimes having a Ego can be signs of a confident and determined individual. Ego can also lead people to having much heartbreak. In trading, the Ego can be seen as a fine balancing game. It is great when a trader has the confidence to read the chart signals to set themselves up for … Read more

Simpler Summary Chop Suey

Chop Suey

  Simpler Summary Chop, Chop, and more Chop. This week feels like we have been sitting in a Chinese Restaurant with a Chef who only knows how to prepare Chop Suey. Volatility has dropped off this week in the market due to the uncertainty and consolidation. This is also in line with our trading ranges … Read more

Rumor Has It

  Simpler Summary In today’s world it is easy for information to flow freely and quickly. This is an amazing jump in progress that the world has made over the last 30 years when compared to life before the internet. For traders, this progress has come with benefits and drawbacks. One of the easiest benefits … Read more

Simpler Summary - Market Holidays

Market Holidays

  Simpler Summary   This week we are greeted with a shortened trading week because of a market holiday tomorrow. Even though we do not have market holidays very often, it is always important to keep them in mind when we do come across one. Often times during a shortened trading week a trader may … Read more

The Honey Badger Doesn’t Care

  Simpler Summary Uncertainty is continuing in the indexes this week. Voices from across the trading world are talking over each other with conflicting views. No one really seems to know which way this market will go. Has support been found, are we spotting a setup for a longer trend to the downside, or are … Read more