Monthly Archives: January 2013

The Random Trader

The Entry Majority of new traders enter the market with knowledge they gained from a weekend seminar, talking to friends or reading some books. If some of the initial trades are winners, novice trader will start believing in his knowledge

Posted in TradeBlog

11-Jan-2013 EOD

Market opened outside Value Area. Overnight action showed weakness in the LVZ (low volume zone). Price pulled back to open in the afternoon. There is a flip in the HVZ indicating a downside bias for the morning. If this happens

Posted in EOD Analysis

10-Jan-2013 EOD

Market is still in range. Value area closed above Jan 9th. Price have pulled up above 1465, expect price to pullback to PVP area and consolidate.  If price opens above Value Area, expect the price to test value high or

Posted in EOD Analysis

Becoming a trader

When I started to trade, I started with buying 100 stocks of companies that I know, mostly from the Tech sector. Investors.com was my source of fundamental analysis. I used TC200 and Vectorvest for Technical analysis. After reading “Trading for

Posted in TradeBlog