Amid the turmoil in the markets this week, followers of TdN have done well — especially with intraday trading guided in our chat room. Today, we capitalized on the downtrend that continued from the overnight session, while noting that ES persistently found support around the S1 area (1120-21), so that was a good place to close short trades each time. Our analyst also noted that ES would have to climb above the 1128 area before it could be considered to have enough momentum for a rally. The market toyed with climbing over 1128 through the latter part of the morning . . . → Read More
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 March 23, 2011
The quote “By failing to prepare, you are preparing to fail” is attributed to many famous names including Benjamin Franklin and Henry Ford, and the truth of the statement has been recognized since even earlier times. For traders, approaching the market without the correct preparation is essentially preparing to fail, because it leaves them subject to bias and hesitation when they are presented with an unexpected development or a trading opportunity. At Trading da Numbas (TdN), we follow the same ethos in our weekly and daily analysis. We show our subscribers how to prepare as well, so they are better . . . → Read More March 10, 2011
You have probably already seen the charts showing the excellent guidance available for intraday trading at Trading da Numbas. (If not, see our recent publications here.) But what does TdN offer for swing-traders? Prior to the opening this week, we wrote that SPX needed to attract selling around 1,325 (and no higher than 1,327-1,329) for a bearish move to stay on plan. Moreover, we said “bears have no room for complacency here, and this week is going to be all about the prior low at 1,294.25 (ES).” We also pointed out two possible lower targets, to be considered after seeing . . . → Read More March 6, 2011
The recent volatility in the market has given opportunities in both directions to unbiased traders. Friday was a particularly good day for us at Trading da Numbas (TdN), and the chart below shows a play-by-play review of comments that were made by moderators in real time in the chat room. Ask yourself if your trading would improve with guidance like this.
In honor of an old friend, we are making a special offer available right now to anyone who wishes to try our service. Three weeks for $30, and all proceeds benefit the family of Dominick Mazza, . . . → Read More February 13, 2011Greetings, Today we pushed out our redesigned site. We’ve put a bright new face on our interface and streamlined the site to make it easier to use. In the coming weeks we’ll continue to add in more features to help improve our service. We hope you like the changes and thank you for using our services. January 20, 2011
What does good day-trading look like? Several traders have emailed us in recent weeks asking to see something that conveys a “track record” in our market analysis. That kind of thing is difficult to show. As you know, the window of opportunity in trading can be very brief, and one must seize the opportunity when it presents itself. That challenge led us to put together the attached picture of Trading da Numbas’ market analysis from last week, as it was offered IN THE MOMENT. The S&P closed last week down 10 points from the previous week, but someone trading based . . . → Read More January 16, 2011
The period between December expiry and the year end offered an opportunity to review your overall trading approach. The second half of 2010 presented a remarkable advancement in equities markets, and nearly the entire period was punctuated with opinions and forecasts saying the market couldn’t go much higher. Looking back, did you trade with a bullish bias or with a bearish bias over the last six months? Was it difficult to “buy the dip” each time, because you thought the upward trend must be near its end? For swing traders and day traders alike, it is crucial to your trading . . . → Read More January 13, 2011Seeing that ES had reached 1278, the first identified support level below pivot, we alerted members of a possible change in direction for the next intraday swing. The upward move from 1278 provided five ES points. January 6, 2011This morning in the chat room, we noted that a new ES high at 1274.50 coincided with a zero-test on the advance/decline index. This alerted us to a potential shorting opportunity. The market then produced a rapid decline of eight points. January 4, 2011This morning, we stated that bulls would want yesterday’s opening low to hold and 1270.50 to be recovered. Below 1263 exposed another level we identified, 1258, where we expected dip buyers to come in (and they did). |
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