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Stock Trading on the Front Lines


Both the Dow and the S&P 500 have reached the feared 50% Fibonacci retracement level.

This level activates what is called the “fight or flight” response, which has been part of our genetic makeup for thousands of years.

Many bulls are taking profits and moving to the sidelines to protect themselves from harm.

In my latest... read more

Posted on 07:34, November 16, 2009

When you enter into a trade early on in the day and the market keeps on moving in your favor, should you hold that trade overnight? What about over the weekend? Naturally, those questions only apply to money making trades. Booking a loss overnight is purely for amateurs.

A newbie ought to close down his day [...]

Related posts:Secret That Improves Your... read more

Posted on 21:10, November 14, 2009

Gold has hit my first target at $1,110 a couple of days ago.

I have been swamped with emails from traders asking what I think gold will do next.

Well let me dust off my crystal ball… ahem…

The main trend continues to be positive. A trend will continue until it ends. On sideways days, assume continuation... read more

Posted on 19:36, November 11, 2009
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