It kept saying UP, I kept asking WHEN. Strike 3 and you’re in. How far up? Ask NGL and Huey….. Technical Indicators are backtested on historic price and volume data to see how effective they would have been to predict future events. Technical Indicators, its all Read more
Pivot Trading EMini TF Nov. 16th 2015 Pivot Trading EMini TF Nov. 16th 2015 Successful Day Trades from areas of support and resistance down to predetermined target.
In financial markets, a pivot point is a price Read more
Stop by daily and check out Horst’s trades for the day. Students should be well aware of what, where and why these trades were taken. In the videos, or screenshots, the students should be able to follow along and understand what has happened on the charts and be able to explain why with a level of comfort and statistical probability.
I invite all my students and graduates to ask me, their day trading coach, the particulars of any trade below. We all have a tendency see the charts and technical indicators slightly different. This section may be used to benefit the students in such a way that they might see Horst, their day trading coach in action, and what his interpretation of a particular days events might have been. A great way to compare notes.
To the guests watching the videos, or glancing at the charts, might not be able make any sense of it all. But the students and graduates should be able to decipher the reasoning behind the entries and exits. The technicals and probabilities behind the trades should be obvious to the trained eye. Therefore not much explanation is given in the videos or screenshots themselves. I welcome the students and graduates to please bring up any questions in the traders room or email. I also encourage students as well as graduates to submit their own charts for everyone to admire.
