Double Tops and Pivot Points Explained

Double Tops and Pivot Points Explained

Today we want to share with you a chart pattern that the pro’s use everyday to great effect. The chart pattern we will be looking at, is one of my favorites as it has a high reliability factor.

The chart pattern in this short video is well known inside the professional trading community. However, outside of the pro circle it seems to be shrouded in mystery.

In this short 3 minute video, we peel away the layers of mystery and show you step by step how you can personally benefit from this chart pattern that occurs in all time frames.

What’s amazing to me about this chart pattern, is the fact that after over 3 decades of real world trading, it continues to repeat itself.

Click Here To Watch The Video

With that fact on our side, we think it’s a safe bet that this chart pattern is likely stick around for the next generation of traders.

Please feel free to leave a comment to let us know what you think of the video.

Why Weekly Charts Are so Important

Why Weekly Charts Are so Important

Today we are looking into why weekly charts are so important. We will use the EUR/USD as an example and deeply investigate the buy signal we received on this cross on Monday, July 27th.

Although it’s too early to tell if this signal will be profitable, it is certainly a signal you must take if you are a disciplined follower of MarketClub’s “Trade Triangle” technology.

You can watch this video with our compliments and there is no registration requirements.


How To Spot Winning Futures....Watch Video NOW

New Video: Candlestick Formations You Need to Learn

New Video: Candlestick Formations You Need to Learn

Today’s short video is something quite special.

In many of our previous videos we’ve looked at charts using Japanese candlestick charts. While this is interesting, we’ve never quite explained to you some of the powers behind using Japanese candlestick charts.

The Japanese began using technical analysis to trade rice in the 17th century. While this early version of technical analysis was different from the US version initiated by Charles Dow around 1900, many of the guiding principles were very similar.

In this video we will point out to you some powerful Japanese candlestick formations on Google, Gold and Crude Oil.

Just Click Here to watch the video and please feel free to leave us a comment to let us know what you think.

Over 1,000 Hours of Trading Education

Do You Understand How Divergences Work in the Market?

Do You Understand How Divergences Work in the Market?

In our new short video, we share with you some divergences that
are taking place in the S&P 500 right now.

I'm also going to show you divergences that didn't work out,
what you should look for, and how you should act when a
divergence does not work.

As always, our videos are available to view without charge
and without registration.

Just click Here to watch the video!

If you enjoy these videos, share them with your friends. We am
sure they will find them different and at the same time educational.

Finding The Big Trades

In today’s video, we will be using MarketClub’s “Trade Triangle” technology to discover stocks that are potentially getting ready for big moves on the upside.

We will show you a quick and easy way to replicate these moves using using MarketClub’s tools for the trader. With just a few clicks of the mouse, you too will be able to spot these trades.

You can use MarketClub’s “Trade Triangle” signals for Stocks, Futures, Precious Metals, forex, ETFs and Mutual Funds. To the best of my knowledge there is no easier, faster way to find winning trades.

The video is free to watch and there is no need to register. I would love to get your feedback about this video so please feel free to leave a comment.

"Finding the Big Trades" Click Here To Watch

What Do Stock Market Wizards Have in Common?

How much do you think you could learn if you had a chance to sit down with over 15 of the most successful day, value, and long term investors of all time? Do you think you’d finally get that one piece of advice that takes your trading from OK to extraordinary? Today you have the chance to pick the brain of one man who has sat down with experts and got your top questions answered.

The key ingredient with ‘Super Traders’ isn’t as complicated as you think, as most of them share the same traits and behavioral patterns, but it’s how they put them to work in the markets that sets them apart.

Just visit this link to watch the seminar that brings the experts to you!

Don’t delay and once you visit the seminar you’ll notice 3 other seminars....that’s a special bonus just for you, from me!

Happy Trading!
Ray C. Parrish
CEO/President The Crude Oil Trader

Secrets of the 52 Week High Rule

From guest blogger Adam Hewison..... 

Over 30 years ago I learned from a very successful trader, a trade secret I’ve never shared on the web before. In fact, I only shared this trading secret with a few friends during that time.

I learned this trading secret from a trader named Bill… I am keeping his last name private as Bill is a very low key guy and shuns any publicity.

Using his special trading technique, Bill made millions and millions of dollars from his office. Now for the first time, I am going to share with you the exact same technique that Bill used so successfully for so many years. The best part is that this technique is still working more than 30 years after I learned about it. Now it’s time for the next generation of traders to learn Bill’s secret.

Bill didn’t even have a name for this killer trading technique. I named
it “The 52 week new highs on Friday rule”.

Just click here to learn this trading secret and please take a minute to leave a comment and let us know what you think.

New Video: How To Use Fibonacci Retracements

We have had a number of requests to do a video on Fibonacci retracements and how they can be used in trading.

We put together this five minute lesson on Fibonacci trading and how we use this important tool to determine turning points in the market. Like all tools, it has its flaws and should be used with other complementary tools like our "Trade Triangle" technology.

As always, our videos are free to watch and there are no registration requirements. We hope you have the time to comment and share if this video helped you understand this important trading tool, or how you're already using it.

We hope you enjoy this brief lesson and it helps you understand how to use this important tool.


Just click here to watch "How To Use Fibonacci Retracements"

How To Trade A Volatile Market

At Active Trading Partners, we take a different approach to trading than most online services in terms of advising our subscribers. Our methodology revolves around behavioral characteristics of the crowd, and taking advantage of the extremes in sentiment, whether bullish or bearish.

In the case of ETF trading, we often work with 3x Bull or Bear ETF’s like BGZ, ERY, ERX, TZA, TNA and so forth. Using a combination of Fibonacci re-tracements and Elliott Wave theory, we look for high probability set ups and extreme overbought or oversold situations to trigger a trade recommendation. A most recent example with ETF’s was a short position we took against the rising energy stock index, the XLE. This index had become incredibly overbought in just a few weeks, and looking at prior topping indicators and fibonacci trading day cycles, we felt it was a “Low Risk” bet to short the rally. We recommended ERY at $45.40 as the XLE headed over $56 and was becoming overbought. Within 7 days we had a 15% plus gain by going against the crowd. I saw a 13 fibonacci day trading rally at extremes, so we used the XLE chart below, to identify the timing to enter into ERY.

We use the same approach when it comes to trading individual stocks. We look for “Waterfall decline” reversal patterns, which are somewhat proprietary for ATP and our methodology. This method reduces our entry risk because we are buying stocks that have already taken a recent short term multi-day or even multi-week hit as investors have exited the stock. Recent examples include buying DCTH, a former high flier that fell from $16 down to $5.80 when ATP advised purchase. Within days the stock bottomed and ran to as high as $9 within a few weeks for a 50% move. Another example is OREX, who took a hit in concert with VVUS several weeks ago. We felt the sell-off was overdone and recommended the stock at $4.01, after it dropped from $6. The stock ran back to $5.30 within 10 days for a 30% plus gain.

Trading in a volatile market means you need to be patient, discerning, and wait sometimes for an oversold or overbought condition before you act. Sometimes acting early can cause you to get spooked out of positions that end up being profitable, but only after you panic sell out at a loss. At ATP, we use a “tranche buying” methodology which tries to help with the emotional side of entering or exiting a trade. We recommend 1/3 or 1/2 positions at a time, even if we are really confident in our entry point. This way just in case you mis-timed the bottom of your target by one or two days, which often happens, you reserve some powder to add additional capital into the trade to work your way in over several days. We also advise that our partners enter into these tranches over 24 hours of trading time, perhaps buying 3-4 times into our position especially on minor pullbacks. How many times have you bought into a trade entry at say $5.00 a share, and two days later the position bottomed at $4.50, you close it for a loss, and then it runs to $6? Using a tranche buying methodology keeps your emotions in check and you actually look for a bit further dip as a benefit, not a detriment to your trading.

We also adjust our stops as the stock or ETF moves after we have completed our entry. The main goal as a trader or investor is to book profits and limit losses when you are wrong. Since our ego is often our worst enemy, adjusting your stops as the trade moves in your favored direction keeps you from gettting too giddy and letting a profit slip away. In addition, a reasonable stop prevents you from being over-confident and letting a small loss turn into a larger one. Another recent sample at ATP was buying into VITA, which was very oversold at $1.76-$1.80 ranges. We also though advised our partners take profits at $1.92-$1.97, with a nice and tidy 6-10% gain over 7-8 days of hold period. The stock then fell hard just a few days later to $1.64. Not taking profits would have meant wiping out all of your hard work and watching your paper profits turn into a “hoping for a rebound” position.

In volatile markets, don’t get off your game plan and try to keep your ego in check. Enter into your trades no matter how confident you are, slowly and over 24-48 hours of trade time. Adjust your stops and prevent yourself from getting too greedy or giving away profits. Take your time, wait for set ups, and also take a break every now and then....nobody needs to trade everyday.

Make sure to check out at The Active Trading Partner.Com and sign up for our free weekly reports!

Crude Oil Technical Analysis 6/8/2011

Pivot: 99.90

Our Preference: SHORT positions below 99.9 with targets @ 97.85 & 96.9.

Alternative scenario: The upside breakout of 99.9 will open the way to 100.56 & 101.8.

Comment: the RSI is mixed and calls for caution.

Trend: ST Range; MT Range

Key levels Comment

101.8* Intraday resistance
100.56** Fib retracement (50%)
99.9** Intraday pivot point
98.4 Last
97.85** Intraday support
96.9** Intraday support
95.55** Intraday support