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Author: sugoimonkey@hotmail.com

Stock Contest Update

I wrote a lot below, hope that didn’t deter you from joining the contest. Here is the jist of it:- The contest is free.- The more people, the better the prizes (see below for the list of prizes).- We’ll be using Wall...

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Stock Trading Contest!

A few days ago I received an email from Wall Street Suvivor. They are offering group sign-ups that allow traders and investors to compete in contests. The cool thing is WSS will pay the group to sign up. The group gets $50 if it...

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not much

I don’t feel like posting much tonight, although I did began writing a candlestick reversal pattern article today. In the trading world, my stubbornness has gotten me in trouble; I’m down quite a bit on a trade that...

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The “W” Formation

This is the first pattern that I ever learned. It signals bullish action. What you’re looking for is one candlestick that looks almost like a cross (these are called “doji”). If the stochastic is low, the RSI...

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Doji with Volume

Volume significantly picked up today on all of the indices, plus dojis formed on, at least, the DOW and the S&P500. Dojis accompanied by heavy volume tend to signal reversals, which, at 820 on the S&P or ~8000 on the DOW...

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Site Crap, Ideas

I really need to research and understand rollovers in the forex market. I got raped by one today because I was short EUR/USD around 4:00PST. The position wasn’t awful when I left, but when I got back my P/L was up quite a...

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