Limit and stop order trades probability? BPA trading room Q&A: January 27, 2016 Question: When buying with limit orders, how does the probability need to play versus stop orders? 40 percent? 60 percent? Video duration: 2min 32sec You can also view this video on Al’s YouTube Channel if needed. Using wide stop, scaling in Well, […]
Stock market January Effect and Dow 20,000
Emini weekend update: January 7, 2017
Monthly S&P500 Emini futures candlestick chart:Stock market January Effect and Dow 20,000 The monthly S&P500 Emini futures candlestick chart broke to a new all-time high on Friday. Hence, this is more follow-through buying after 2 bull bars. The monthly S&P500 Emini futures candlestick chart this month is a bull bar so far. Yet, last month […]
Trump rally stalling at Dow 20,000
Intraday market update: January 6, 2017
Trump rally stalling at Dow 20,000 Updated 6:51 a.m. The Emini reversed down from above yesterday’s high on the open. Yet, it then reversed up from the 60 minute moving average. The bars are big and limit order bulls and bears made money. In addition, it is in the trading range of 2 days ago. […]
Dow 20,000 big round number within reach
Intraday market update: January 5, 2017
Dow 20,000 big round number within reach Updated 6:52 a.m. The Emini opened in yesterday’s tight trading range. Furthermore,it failed to get consecutive strong trend bars on the open. Finally, it failed to break strongly above the top of the 4 week tight trading range. Hence, the odds favor a lot of trading range price […]
January effect and Dow 20,000 Big Round Number
Intraday market update: January 4, 2017
January effect and Dow 20,000 Big Round Number Updated 6:52 a.m. The Emini rallied on the open, continuing yesterday’s bull reversal. Yet, the follow-through was bad. While the Emini is Always In Long, this disappointment reduces the chances of a strong bull trend day. Since most days lately have been trading range days, today will […]
Bull flag below Dow 20,000 big round psychological number
Intraday market update: January 3, 2017
Bull flag below Dow 20,000 big round psychological number Updated 6:50 a.m. Limit order bulls and bears made money in the 1st few bars. Furthermore, the gap above Friday’s high closed. In addition, the Emini is in the middle of its 4 week range. Hence, this is trading range price action. It therefore reduces the […]
2017 stock, bond, and Forex market predictions
Emini weekend update: December 31, 2016
Monthly S&P500 Emini futures candlestick chart:2017 stock, bond, and Forex market predictions The monthly S&P500 Emini futures candlestick chart had a bull trend bar this month. Yet, it had a big tail on top and the month closed in the middle. While the bull body confirms last month’s bull breakout, the bulls are disappointed. The […]
Attempted big round number Dow 20,000 yearly close
Intraday market update: December 30, 2016
Attempted big round number Dow 20,000 yearly close Updated 6:55 a.m. The Emini reversed down strongly from the 60 minute moving average and yesterday’s high on the open. Hence, Dow 20,000 is unlikely today. Yet, the Emini is still above the bottom of the 3 week trading range and above the daily moving average. In […]
Dow 20,000 big round number psychological resistance
Intraday market update: December 29, 2016
Dow 20,000 big round number psychological resistance Updated 7:04 a.m. The Emini reversed up and then down on the open. A Big Up Big Down move is trading range price action. Yesterday was a bear channel, hence a bull flag. A channel usually evolves into a trading range. The bulls see a small higher low […]
Holiday trading makes Dow 20,000 stronger resistance
Intraday market update: December 28, 2016
Holiday trading makes Dow 20,000 stronger resistance Updated 6:55 a.m. The Emini opened within yesterday’s tight trading range, but sold off to test yesterday’s low. Because yesterday was a sell signal bar on the daily chart, the bears see the break below yesterday’s low as a trigger for a daily sell signal. Yet, the Emini […]
