In our community, we trade two types of reversals: VWAP reversals (or as Brian coined the them: Double Bottom Reversals) Extreme Reversals (or as Robert coined them: Booty Reversals) Brian and I usually trade VWAP or Double Bottom Reversals as we are both momentum traders at...
The Chair of the Federal Reserve, Jerome Powell, spoke today at the AGM of the National Association for Business Economics. Unfortunately, he did not have much good news to share. He advised that the Feds “view the economy as being strong but susceptible to shocks,...
The Chair of the Federal Reserve, Jerome Powell, spoke today at the AGM of the National Association for Business Economics. Unfortunately, he did not have much good news to share. He advised that the Feds "view the economy as being strong but susceptible to shocks,...
Hello everyone, I hope that thus far you all are having a good trading week. I unfortunately did trade a bit recklessly but, overall, I am keeping myself in check. We had a great time on Saturday in NYC with traders from all over the place joining...
Wow, what a day yesterday was! First, at 10:10 am ET, Bloomberg disclosed that based on "five people familiar with the matter", a limited trade deal with China would soon be announced by the White House. SPY skyrocketed to make a new all-time high! And...
ETF - Exchange-Traded Fund - Represents a stake in the underlying commodity, holds the assets it tracks. ETN - Exchange-Traded Note - Structured product that is issued as senior-debt notes (debt that possesses the highest priority if the company goes bankrupt). Inverse ETF/ETN - Designed to return the...
Hello traders, I just wanted to let you know that I have returned from my trip and I am ready to trade tomorrow morning! I am super excited to be back and I cannot wait to see everybody in the chat. I also wanted to wish those...
Hello traders, I just wanted to let you know that I will be traveling for the remainder of this week and I won't be trading, but I will return on Tuesday, September 3rd. But don't worry, we have the chatroom covered with some of our incredible...