Subject: This Is How You Do It: One Trader’s Experience With Renko Wave
This Is How You Do It: One Trader’s Experience With Renko Wave
August 30th, 2024 at 7:36 pm ESTHi Folks. So today was a lousy day for me because I was in doctor’s offices from about 8:15 until after 3 p.m. so I missed trading today…nothing serious, so far, just a Covid infection that refuses to go away. I guess we’ll see what the futu ...
It’s About That Time…
August 29th, 2024 at 5:19 pm ESTHi Folks. It’s Thursday afternoon, August 29th as I am sitting here writing this, which means this coming Monday is Labor Day in the US and Canada, but more importantly… It means the Summer Doldrums have (hopefully) come to an end and regular ...
Econ Forecast for August 26-30, 2024
August 25th, 2024 at 10:09 am ESTHi Folks. It's the last full week of August and traditionally this is one of the worst trading weeks of the year as most of European and a good portion of the US traders take the week off, including the Labor Day holiday next Monday. So do not be at ...
Econ Forecast for August 19-23, 2024
August 18th, 2024 at 8:05 pm ESTHi Folks. Not much to say this week, as you'll see, so let's get this over with. MONDAY: A couple of entries starting the week, but they may as well have not bothered. 9:15 we have Waller from the Fed speaking, giving the opening remarks at some work ...
Econ Forecast for August 12-16, 2024 and Oh, About Last Week...
August 11th, 2024 at 2:12 pm ESTHi Folks. Before I get to this week's forecast, a quick word about last Monday. I mentioned in last week's forecast that things were setting up for a big selloff, based on the previous price action on Thursday and Friday, and that we could be on the ...
Econ News Forecast Aug 5-9 + A Word On the Possible Market Meltdown
August 4th, 2024 at 5:56 pm ESTHi Folks. Before I get to the news this week, I feel compelled to mention that the last two trading days of last week were pretty much textbook for what to look for in the early stages of a correction (meaning significant selloffs may be in the offin ...
Econ News Forecast July 28 to August 2, 2024
July 28th, 2024 at 10:42 pm ESTHi Folks. Here's what's happening this week in economic news. MONDAY: Once again, nothing on Monday. This is becoming the norm for some reason. TUESDAY: Two housing numbers at 9 a.m. (S P Composite y/y and the Housing Price Index m/m), neither of whi ...
I (or JVZoo) May Owe You An Apology
July 27th, 2024 at 10:46 am ESTHi Folks. It was brought to my attention this morning that a few of you tried to buy Forex AutoScaler at the discount price of $49 but received a message from JVZoo that I had blocked you from making any purchases. That simply isn't true. I did block ...
About Tomorrow's Oil Number at 10:30 a.m. Eastern
July 23rd, 2024 at 7:47 pm ESTHi Folks. So I got a few emails in the last 2 days asking if I could share the oil trading method I mentioned on Sunday now, before the oil number comes out tomorrow. So here it is: https://simplicators.com/rangefinder-3 And remember, the oil ...
Economic News Forecast for July 22-26, 2024
July 21st, 2024 at 4:26 pm ESTHi Folks. Here is this week's econ news forecast: Monday: Zip. Nada. Nothing. Tuesday: Slightly better than Monday, emphasis on the word slightly . Existing Home Sales and Richmond Manufacturing Index both at 10:00 a.m., neither of them with a histor ...