Archive for September, 2011
The Market Is Stronger Than You Think
Posted by TheArmoTrader on September 30th, 2011 at 12:12 am, Comments: 0
was going through some tweets after the market close and one caught my eye. It was by @HCPG, who tweeted out something that got me thinking. He tweeted:
Market Action Over The Past 2 Months
Posted by TheArmoTrader on September 28th, 2011 at 9:23 pm, Comments: 0
As traders, It is VERY important to know what type of market you are in. It does not matter if you are a day-trader, swing-trader or longer term position trader. You need to know the market like the back of your hand.
Deflating The Inflation: Part Deux
Posted by TheArmoTrader on September 25th, 2011 at 6:38 pm, Comments: 0
Nearly 3 months ago I wrote a post titled “Deflation The Inflation” that talked about a possible deflating of commodities. At that time, as QE2 finished, a lot of commodities were already off their highs. However, they were not showing heavy weakness yet.
How To Add to Partial Swing Positions
Posted by TheArmoTrader on September 19th, 2011 at 11:13 pm, Comments: 0
I recently wrote a post that oil was setting up for a short once more. I wrote about the rising bearish wedge + possible resistance that would offer a great risk/reward trade. Well, last week, I took a 1/2 short position in the Double oil ETF.
The Importance of Looking at Longer Term Charts
Posted by TheArmoTrader on September 18th, 2011 at 10:56 pm, Comments: 0
While many many traders are focused on the here and the now (short term), the importance of looking at longer term charts is very crucial, especially if you are a longer-term swing/position trader or investor. While something may look bearish for example on the Daily chart, the weekly,monthly or even the quarterly chart(s) might not look so bad.
Gold Is Ripe For A Nasty Correction
Posted by TheArmoTrader on September 16th, 2011 at 12:30 am, Comments: 0
Gold has had a very nice run over the past (insert time-frame here). But, based on some technicals, that run, at least for the intermediate term is over. The technicals point to a possible bearish correction soon.
Updates On The Euro & The US Dollar
Posted by TheArmoTrader on September 12th, 2011 at 11:58 pm, Comments: 0
We have seen some crazy action in the currency markets since I last blogged about the Euro and Dollar.
Don’t Be Surprised If We Grind Higher
Posted by TheArmoTrader on September 7th, 2011 at 11:42 pm, Comments: 0
After a big gap down on Tuesday on a flurry of worrisome news from over the weekend, the bulls have responded by bidding up the market without pause. Anybody that’s tried to short has gotten run-over.
Is The Euro About To Breakdown?
Posted by TheArmoTrader on September 5th, 2011 at 11:24 pm, Comments: 0
With all the European turmoil going on, I thought it would be smart to take a look at the Euro. In first glance, it is holding up much better than one would think. But upon further review…
Is the Swiss Franc Marking a Gold Top?
Posted by TheArmoTrader on September 1st, 2011 at 9:50 pm, Comments: 0
Today I was linked to an interesting post that looked at the relationship of the Swiss Franc to Gold. Basically, every-time the Swiss Franc has met this specific trend-line resistance point, Gold has traded sideways-to-negative for the next couple of years.
Jerry Khachoyan is currently an undergraduate student at UCLA pursuing a degree in Political Science. He started trading in September of 2008. He concentrates on using technical analysis and reading the tape to enter the best risk/reward trades. The stock market to him is one of the greatest inventions by man.
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