daytradingradio

Wow what a fun Friday, Really shows how current events can effect the market. The es futures had (2) 20 point moves then a 10 point move as we sold off into the close. You don't get to see this everyday! Every trading day as I broadcast live on DayTradingRadio I point out certain levels and zones on the es chart these I call HPZ (High Probability Zones) and they are based on a dual stochastic method I developed over the years. Taking into consideration 2 periods, a long and short look back. A 40 period and a 14 period. I refer to these two as a fast signal (14) and a slow signal (40) you can see the difference on how fast then rotate from overbought to oversold. Over a long and continuous period of studying these 2 signals I started to notice a synergy between them, Which produced a signal better together then there individual effects. Now alone this is a great stand alone indicator but when combined with some other indicators the percentage of success only goes up. When you watch DTR you see in real time how these indicator work and its never after the fact. The fact is it works and works even better when combined with certain zones. These could be areas based off of channels and trend lines, previous support and resistance, Fibonacci's or many of the other popular indicators. How do you know which one to use? Well personal preference I guess to start of with. For me the true signal comes with the combination or the dual stochastics on the 1min time frames combined with the 5 min time frame and the 14,4,3 stochastics. I always discuss this on the show so if you want more explanation please ask. Now lets take this to the next level!! Next week, Monday to be exact at 11:00am et We will be having FuturesTrader71 back on the site. FT71 is a market profiler specializing in Volume Profile analyst. He is great at what he does and currently a Managing partner at Stage 5 trading corp. Volume profile is a very important factor in trading the futures and FT71 will be sharing with us his market anaysis for the coming week. This will be weekly event on Mondays and I am sure he will be in and out of the trading room throughout the week. What I will be doing is plotting all his levels on the Es chart that you see everyday and looking for the convergence of his levels and my signals. I can't wait to see the results of both his levels and the market reaction to those and the combination of both volume profile and stochastics. This will be a great addition to the site and I am happy that DTR and Stage 5 will be working together going forward. We are also announcing an Ultimate Trader Showdown event in the next couple of weeks. We have a large futures trading community here that trade everyday and I am both proud and impressed with their success and professionalism I am happy to expand the Futures Section. Chart larger Image http://daytradingradio.com/include/data/files/2013/09/06/stochasticsignalchart.jpg?f Watch Live Market 8AM - 4PM EST href="http://daytradingradio.com/amember/go.php?r=2&i=l0

S&P outlook for next week and Monday we will be having FT 71 back on for his weekly analyst @ 11:00am live on Day Trading Radio Stock Market Radio Show - Trader Education | Live Alerts | Technical Analysis. Also I announce the return of the Ultimate Trader Showdown. [ame=http://www.youtube.com/watch?v=xu164fIekME&feature=share&list=UUTRIFOak6FixJMP-vqz3WGA]Market Outlook for Week of Sept 9th 2013 Syria, Fed and Return of FT71 - YouTube[/ame]

First have a great 3 day weekend. Now let's just say that over the weekend nothing happens in regards to Syria. This could mean a lot of different things. Main thing is the possibility of some new info from the UN inspectors. But again for argument sake lets say nothing happens at all. Tuesday markets get a little relief to the upside. But we are still being held hostage by the news and I for one, can only guess on how this could turn out. September has a shadow hanging over it, Historically it is one of if not the worst performing month since the 1960's. And now we have the tapering debate that should play out this month and debt issues that will be brought back into the media's eye so they can pound this story down our throats and of course Syria. Believe it or not even with all these events I am expecting once last move up. To new highs? or just the last bounce before a rollover. I think we will see that in the indicators when that time comes. Next week is short and full of all sorts of news events (Syria, Jobs Report etc) I will be focused on the nice list of stocks on the watch list this week and unless we get embedded on the 60 min time frame I will still watch those stochastics for a general bias. As a added Bonus this week's Kick Ass Trade will be LTD. Chart 1 Larger View http://daytradingradio.com/include/data/files/2013/08/30/chdkickasstrade.png?f Chart2 http://daytradingradio.com/include/data/files/2013/08/30/$spx-sixty-minutes090313.png?f Have Great Weekend DTRS

Well here I am again, Not even one day into the week and I am bringing some setups. I know for a fact that throughout my trading career I always performed better when I researched the night before. It's true, well for me it is. I always feel more confident and it seems like every move was planned, There is no chasing trades, or rushing into stuff. The research the night really slows down things and lets me make better decisions. Just passing it on.... So tonight started out trying to go back and find all my archived images of charts and find the best examples of the 200 ema breakdown / lower channel bounce. As that will be the nest HPS Playbook Video I want to get out. But I got sidetracked by the possibilities that will be presented tomorrow in the markets. I compiled a nice set of stocks for tomorrow focus with the notes or comments on chart. Chart 1 Image Larger View http://daytradingradio.com/include/data/files/2013/08/12/ibm-dailykat081313.png?f Chart 2 http://daytradingradio.com/include/data/files/2013/08/12/hsh-dailypiercing-pattern081313.png?f Chart 3 http://daytradingradio.com/include/data/files/2013/08/12/dyn-dailyperfectchannel081313.png?f Chart 4 http://daytradingradio.com/include/data/files/2013/08/12/dlb-dailyprediction081313.png?f Chart 5 http://daytradingradio.com/include/data/files/2013/08/12/cvx-dailyreversal-candle081313.png?f

Watch Live Market Now 8AM-4PM http://daytradingradio.com/amember/go.php?r=4912&i=l0

How to read and recognize a stochastic divergence , One of the best indicators to use for finding reversal in trends. Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that will changes direction before price. As such, bullish and bearish divergences in the Stochastic Oscillator can be used to foreshadow reversals. This was the first, and most important, signal that Lane identified. Where most indicators reflect the past price action, this one will show a trend change before the major move in the stock or index that it is attached to. Link to Video: [ame=http://www.youtube.com/watch?v=-XxQUibI94Y]The Ultimate Indicator: The Stochastic Divergence - YouTube[/ame] Watch Live Market Now: Day Trading Radio Stock Market Radio Show - Trader Education | Live Alerts | Technical Analysis [

When everything comes together, the best technique to make money in the stock market. If you don't have a watch list, you are losing money.

Reviewing what we need to trade and showing this weeks past trades broken down into a basic easy to understand chart and discussion on limiting risk by staying out of risky events.

I did a nice little segment on scanning for set ups but its toward the end of the video, Last week was pretty perfect on the called rally and it will beharder to call a top, but I don't think we are near any medium term top. Would consider PG as kick ass trade of the week.

An S&P outlook for next week and should you sell in May and go away? Some great charts accompany this video which outlines what I see happening in the next 2 weeks. Basically the big question is will the market start to retreat soon? I myself can't help but look at recent historical charts (Back to 2010) and not get swayed to that side of the fence. The other side is just more upside. We see in the video and on the charts we have all the makings of a classic flag or continuation pattern. Even the stochastics have set up in a very nice level that could shift the momentum back to the buyers. We might have already seen this Friday. I think we have a nice 2 day rally early this week, then I want to watch to see if we fail at making new highs. That could happen after a nice bounce out of a flag. I see it a lot and would not bet against it. Better yet I don't want to take this bet and rather take shorter trades and try not to get into a position that I am dependent on the market but to trade the smaller intraday patterns with maybe a couple overnight holds.