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• HPS for week of May 20th has been uploaded

  

  posted by daytraderockstar

  May 17, 2013 8:33 pm

  You can watch HPS video here http://daytradingradio.com/10for1000

  I am going out on a limb and looking for a pullback Monday.. What am I basing this on? Well not on any chart pattern or overbought indicator cause those are at this point in the rally all embedded to the upside and lose there timing value. I am looking at the nice ramp up late Friday afternoon. There is nothing concrete here other then I've seen before a Friday ramp and Monday trap play out on more then one occasion. Only think I am willing to do is wait it out and I added a little SPXU  at the close.

  The fact is it doesn't feel like there are many sellers in the market. Leaving a lot of shorts trying to catch a top and in return getting chased out. I was twice chased in MCO. We are in the middle of May and on CNBC yesterday they were arguing about why the market continues to go up. They all forget the first rule of trading...The markets are always right. Let's take it day by day and when the patterns start to break down. (Trend Lines start to fail) (stochastics start to embed on the lows) We will have our best indication of a pull back.

  and one last thing the Fed continues to back this market, they have the formula and even though many don't think its right. The results are shown in the markets and this is seen as the best way to stimulate the economy. I would be surprised to see them pull the plug way before they approach some of there targets like unemployment rate of 6.5% currently we are at 7.5% and heading down. Next month report is not that far away and just might be what the Fed needs to see to even consider hinting of this. Prediction early we get a decent drop in the unemployment rate, and when we know in these markets bad news is good news, this good news might actually be bad news for the markets. That first Friday in June is right around the corner. I wouldn't mind lightening up a lot into that report.

  

  

  DTRS

• S & P Cash Close Contest for Friday 5/17/13

  

  posted by DTRBrian

  May 16, 2013 2:32 pm

  Get your S&P Cash close guess in by 10 am EST Friday, 5/17/13, for your chance to win a spin of the DTR Prize Wheel. 

  
  

  Members only.

  Enter your guess here.

  Prizes include cash, computer monitors and free subscriptions to DayTradingRadio.com!!

   

  Sign up for a two week free trial now and be entered in the contest today

• 8PM - vester and friends on the ES DTR2

  

  posted by RPM

  May 14, 2013 7:42 pm

  Tonight @ 8PM - vester and friends: the ES on DTR2 !

  Join vester and others as they discuss the markets and do some live trading tonight on DTR2 http://dtr2.tv

• Briguy's Two-fer Tuesday

  

  posted by briguy

  May 14, 2013 1:29 pm

   

  Briguy's Breaking Briefs (DTR1, 4:15pm ET)

  What you turn on When the market's turn off.  Join us for news, earnings, and tunes.  Then...

  Interview w/DTR Member kumar on Bot Trading (DTR1, 5:30pm ET)

  Auto-trading: More than meets the eye!  For tonight's show, we welcome back kumar to Briguy's Tools of the Trade.  There's been some recent discussions about bot-trading, and kumar would like to share his experience with the DTR members.  So join me as I sit down with kumar for this interesting conversation.  It's BYOB: Bring Your Own Bots; beer is optional.  See you tonight.

  ==============================

  Help guide future show content using this form: http://ow.ly/dYKW2.
  See you tonight at daytradingradio.com.
  Past Episodes & Member Feedback: http://ow.ly/jTQuw.
  

  My email briguy@daytradingradio.com.  

  Coming Soon: Member Interviews, Solo Monitor Trading Part II, Options Series Cont’d, Futures Options, Forex, Binary Options

  
  

   

• This Week's HPS Video and Watch list have been uploaded

  

  posted by daytraderockstar

  May 11, 2013 7:28 pm

  3 new set ups have been added to the list this week. and I go over 8-10 great charts that continue to look great

  It was another strong week in the market, and going into next week there is not much that is changing. The markets are acting like there are no sellers except those who are being slowly squeezed out of of their positions. May is almost half over and everyone has abandoned the notion of sell in May. You all know we were following closely the hype leading into May and from that overall focus I knew there was a great chance of making new highs. And here we are. Biggest fear right now is someone manipulating some news and causing air pockets of selling. 

  There has been a change in how I been analyzing the markets, I pay a lot of attention to market psychology and how the markets are perceived by both the uniformed public and those who have a more active part in the markets. And this alone has help me read into why the markets continue to move higher. As of last week I have noticed a shift in the sentiment balance, Where  I am seeing more and more market (followers). Seeing a different perspective on why we are heading higher, or should I say embracing the idea this market could have a lot more room to run. So this is a change and that change is something we talk about a few month ago when I put a chart on the site describing emotional ride the market causes the individual investor to go through. It's a good time to revisit that  and now see we are entering the optimism phase.

  And yes I do believe the the time frame fits also, as each year we came back from the 2008 lows, the markets went though a healing process and continues to go through that. We know that, as we still know that there are people that have those scars and it will take time.  5 years to start feeling better about the markets doesn't sound like a lot to me, especially if you had your retirement cut in half.

  Not guessing how far further we will go, right now its time to take advantage of the markets bullish bias to the upside and stick to the plan and discipline.

  oh yeah first comes optimism then comes excitement......

  Here's this weeks Watch List Video http://daytradingradio.com/10for1000

  DTRS

• S & P Cash Close Contest for Friday 5/10/13

  

  posted by DTRBrian

  May 09, 2013 2:14 pm

  Get your S&P Cash close guess in by 10 am EST Friday, 5/10/13, for your chance to win a spin of the DTR Prize Wheel. 

  
  

  Members only.

  Enter your guess here.

  Prizes include cash, computer monitors and free subscriptions to DayTradingRadio.com!!

   

  Sign up for a two week free trial now and be entered in the contest today

• Briguy's Two-fer Tuesday

  

  posted by briguy

  May 07, 2013 12:51 pm

  Briguy's After Hours Show on DTR1, 4:15pm ET

  What you turn on When the market's turn off.  Join us for news, earnings, and tunes.  Then...

  Interview w/DTR Member pop29 on DTR2, 5:30pm ET

  For tonight's show, we welcome back pop29 to Briguy's Tools of the Trade.  $CL_F trader pop29 was on our show a few weeks back (see the episode here).  Pop29 would like to go over the $CL_F trade from the past few weeks.  We'll also be looking at possible swing trades in $CL_F going forward.  (I might even share some of my own $GC_F trades as well.)

  Because we value our member's time, tonight's episode of Briguy's Tools of the Trade will be broadcast on DTR2.  Join us in the member's trade room with any questions you have for tonight's guest.

  My email briguy@daytradingradio.com.  

  ==============================

  Help guide future show content using this form: http://ow.ly/dYKW2.
  See you tonight at daytradingradio.com.
  Past Episodes & Member Feedback: http://ow.ly/jTQuw.
  Coming Soon: Member Interviews, Solo Monitor Trading Part II, Options Series Cont’d, Futures Options, Forex, Binary Options

  
  

• This Week's HPS Video and Watch list have been uploaded

  

  posted by daytraderockstar

  May 03, 2013 9:24 pm

  You can view watch list video here http://daytradingradio.com/10for1000

  Where did we leave off? Oh yeah. The market is going to move higher because there is too much focus on the May effect. Well, that's what the first week in May has proven true, and I am expecting  a bit more upside. Give me a reason why we shouldn't head higher. It seems like the market has digested and spit out every reason there was to take a breather, but there has not been a significant pull back in 6 months. One thing I don't want to do is try to time a top. I know from experience that is looking for trouble. What is working is tight continuation patterns, like flags, and most trend line bounces. With the flags, there are a lot to be found this week from PG (Proctor Gamble) (best bet) to K (Kellogg) and $A ( Agilent Technologies Inc) I think I left this one out of the video , but should be in there. Here's a freebie for non-DTR subscribers 

  

  

  The others are just as good. I am expecting a little bit more upside next week. But, I did start my SPXU  position this week, but very small 

  There are a lot of great set ups and new features coming your way this month. Thanks to RPM for getting the new music option widget done so now you have control over the music and don't have to miss the other aspects of the show. You can mute and/or adjust the volume of the music anytime you want.

  Click here to see how to control the music. http://benefits.daytradingradio.com/dtrmusic/

   

  Try a 14 day free trial to DayTradingRadio.com https://daytradingradio.com/amember/signup.php

   

  Have a Great Weekend

  DTRS

   

   

   

   

• Primary Chat Server Access

  

  posted by RPM

  May 02, 2013 5:45 pm

  At 5:30PM EST the DTR primary chat server at the data center became non-responsive due to a scheduled 30 second networking change. That change left the SAN to "storage Area Network" un-available to the entire datacenter. GasBot Chat should be fine for now it's on a different segment. I have 2 spare chat servers but the DNS propagation time for fail-over might exceed the repair of the SAN time frame. If this were during peak hours we would have switched traffic. If it becomes an issue going forward I will fail us over to dtrch2 or dtrch3. I will keep everyone posted. Sorry for the trouble.

   

  @rpm

   

  chat server access restored 48 minutes.

  Thanks for understanding

  @rpm

• S & P Cash Close Contest for Friday 5/3/13

  

  posted by RPM

  May 02, 2013 2:18 pm

  Get your S&P Cash close guess in by 10 am EST Friday, 5/3/13, for your chance to win a spin of the DTR Prize Wheel. 

  
  

  Members only.

  Enter your guess here.

  Prizes include cash, computer monitors and free subscriptions to DayTradingRadio.com!!

   

  Sign up for a two week free trial now and be entered in the contest today