The Dow has been bouncing like a super ball. Crude Oil is heading down and no-one seems to know where the bottom might be.
The FOREX markets have been making moves in a day that usually take a week or more.
It appears that we are off to the races. The question is where are we going? Predicting the future is always a bit iffy. Predicting 2016 is just about as iffy as they come. There is wide disagreement from the talking heads and typing hands – and no wonder. We are in places we have never been before – and likely are headed to placed we have never been before as well..
If there ever was a time to become a short-time trader, ladies and gentlemen, in my humble opinion, this is it!
I trade for a while during the day – and then sleep at night.
If you have never tried it, this may be the time to do so.
The above chart contains every indicator I use to trade. The only proprietary indicators are plotted over the price bars. I use my RMI, the yellow and blue oscillators plotted over the price bars, to create the horizontal lines – future support and resistance levels. I also use the RMI to tell me the most probable near term price direction.
It looks complicated, but for those who use my RMI and custom indicators ($8.00 a month) I give for free a 250 plus page E-book, See the Music of the Market, which explains it all. It looks complicated, but it is relatively easy. But it is a bit of work – so if you are lazy you probably won’t like it.
On the other hand if you are not lazy and want to REALLY learn how to trade short-term, you might like it.
And those horizontal lines – if you can’t see how having them available before the trading week even began is helpful – well, you might not want to be a short term trader after all.
Exchange rates table is provided by DailyForex.com - Forex Reviews and News
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Live indices widget is provided by DailyForex.com - Forex Reviews and News
Live commodities widget is provided by DailyForex.com - Forex Reviews and News
Author & Trader
Great system – couldn’t trade without it !!Frank YDavid, Panama
Thanks for the method !! Very solid, very logical entry and exit and genius SRV’s !!Denis DRussia
the SRV’s are spot on !!Tom CUSA
“The SRV’s are amazingly accurate”.Tony Texas
I trade the US Bond Markets exclusively – amazed at the accuracy of the SRV’s !!George SNew York, NY
….very impressed with the whole philosophy – both personal and trading, expressed in the book. I will read and revert !!Richard DUSA
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