http://masterdaytrading.com/blog Master Day Trading with knowledge, resources, discipline, and the desire to make money! Thu, 11 Mar 2010 17:47:34 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://masterdaytrading.com/blog/363/ung-swing-trading-and-day-trading-spy-and-financials/comment-page-1/#comment-1815 sgomez858 Sat, 20 Jun 2009 16:33:26 +0000 http://masterdaytrading.com/blog/363/ung-swing-trading-and-day-trading-spy-and-financials/#comment-1815 Yes keep it simple. Price levels of support. We love the 10 SMA for momentum guide and of course volume is the most inportant indicastor of all. Forget all the rest (except maybe slow stochastic once in a while). Yes keep it simple. Price levels of support. We love the 10 SMA for momentum guide and of course volume is the most inportant indicastor of all. Forget all the rest (except maybe slow stochastic once in a while).

]]> http://masterdaytrading.com/blog/363/ung-swing-trading-and-day-trading-spy-and-financials/comment-page-1/#comment-1816 Jonathanio3 Sat, 20 Jun 2009 07:29:05 +0000 http://masterdaytrading.com/blog/363/ung-swing-trading-and-day-trading-spy-and-financials/#comment-1816 technical indicators aren't that much important, in fact, it's better if you have two, max three and you really get the grasp on those. Don't forget that every indicator is derived from current price and looking at one thing from many different angles won't help you. What you probably mean is technical analysis right? I suggest you start with a few basic things, like S/R levels, pivots, trend lines, MA, EMA, plus some patterns like wedges, double tops/bottoms, H&S,triangles,and so forth.Gud luck technical indicators aren’t that much important, in fact, it’s better if you have two, max three and you really get the grasp on those. Don’t forget that every indicator is derived from current price and looking at one thing from many different angles won’t help you. What you probably mean is technical analysis right? I suggest you start with a few basic things, like S/R levels, pivots, trend lines, MA, EMA, plus some patterns like wedges, double tops/bottoms, H&S,triangles,and so forth.Gud luck

]]> http://masterdaytrading.com/blog/363/ung-swing-trading-and-day-trading-spy-and-financials/comment-page-1/#comment-1817 goldenshots Sat, 20 Jun 2009 00:13:15 +0000 http://masterdaytrading.com/blog/363/ung-swing-trading-and-day-trading-spy-and-financials/#comment-1817 Hey i want to eventually get into day trading just like how your doing (im only 18, dont have a lot of money into stocks but have an ok amount)....... My question is what is the best way to learn techincal indicators, everytime i read up on them i always forget what they mean or what they are used for...is there any good books i can use to help me learn better day trading (and the tecnicals)??....or is it just practice??...thanks... Hey i want to eventually get into day trading just like how your doing (im only 18, dont have a lot of money into stocks but have an ok amount)…….
My question is what is the best way to learn techincal indicators, everytime i read up on them i always forget what they mean or what they are used for…is there any good books i can use to help me learn better day trading (and the tecnicals)??….or is it just practice??…thanks…

]]> http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/comment-page-1/#comment-1635 marktrader11 Fri, 19 Jun 2009 21:02:05 +0000 http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/#comment-1635 Looks like Cramer is paying attention to your videos, watch out! Looks like Cramer is paying attention to your videos, watch out!

]]> http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/comment-page-1/#comment-1636 taxibrod Fri, 19 Jun 2009 19:59:16 +0000 http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/#comment-1636 Oscar is a true technical analist, with out doubt the best I have come accross in 15 years..I just wish I had 10% of his skill and the ability to stck to a plan like he does...I'm getting there slowy..thankyou Oscar, and all he's Omniacs. Oscar is a true technical analist, with out doubt the best I have come accross in 15 years..I just wish I had 10% of his skill and the ability to stck to a plan like he does…I’m getting there slowy..thankyou Oscar, and all he’s Omniacs.

]]> http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/comment-page-1/#comment-1637 77omniac Fri, 19 Jun 2009 19:41:20 +0000 http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/#comment-1637 nice to see the NDX lead today, a further indication that the market is due a bounce...have a great weekend Oscar and omniacs and you tube denizens! nice to see the NDX lead today, a further indication that the market is due a bounce…have a great weekend Oscar and omniacs and you tube denizens!

]]> http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/comment-page-1/#comment-1638 Livewith0scar Fri, 19 Jun 2009 17:01:17 +0000 http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/#comment-1638 NO DOUBT on STOPS!!! NO DOUBT on STOPS!!!

]]> http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/comment-page-1/#comment-1639 Livewith0scar Fri, 19 Jun 2009 17:00:58 +0000 http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/#comment-1639 That is also a possibility. We are day-traders. We will deal with that if it develops. For now I will trade what I see and not what I think might happen. All the best, Oscar That is also a possibility. We are day-traders. We will deal with that if it develops. For now I will trade what I see and not what I think might happen.
All the best,
Oscar

]]> http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/comment-page-1/#comment-1640 ToddinSRQ Fri, 19 Jun 2009 14:17:16 +0000 http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/#comment-1640 SPX could also be forming the beginning of a right shoulder. We shall see ... SPX could also be forming the beginning of a right shoulder. We shall see …

]]> http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/comment-page-1/#comment-1641 ToddinSRQ Fri, 19 Jun 2009 14:13:20 +0000 http://masterdaytrading.com/blog/343/061909-sp-emini-futures-recommendations/#comment-1641 The last part of that high handle looks broken. Use protective stops, for sure. The last part of that high handle looks broken. Use protective stops, for sure.

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