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• This Weeks 10 for 1000 Watch List has been Uploaded

  

  posted by daytraderockstar

  May 19, 2012 10:12 pm

       We left off Friday with the market selling on fear of Greece leaving the Euro-zone. Everyone seem to be preparing for a Greek exit. If this happens or not is a guess I find hard to make. But I know the effect it is having on the markets. Some food for thought. Technically the Dow made recent highs on May 1st and we are going into the 21st day from that high. We haven't had the bounce and failure that completes a Dow bear market confirmation. But some might just take the break of the recent lows to be a technical signal for a change of trend. And the truth is it's a pretty valid argument, but I and still expecting to see a pretty severe bounce back .What I am mad at myself for is not always following the rules I set forth for myself. Recognizing the turbulent and indecisive times is not hard, I't all over the news and on the charts. Cutting back on size and taking risk off the table is more important then trying to guess on market bounces and bottoms. I am mad because i didn't embrace the downside of the last 2 weeks, But then again it's been 2 weeks only. One of the most important rules I know is to trade with the trend and the trend for me is easily defined by a set of indicators and tools, but it is really easier then that. Just look at the price and direction of the chart. Trade the direction the overall markets are trading and your success rate will go up simple. Trying to find a bottom or think that something is oversold will lead to trouble over the long run. For me it's time to regroup and start hitting singles again. We begin this week were we left off last week, with the fear of the unknown. GREECE will have a continued overhanging effect on the markets until there is some type of resolution. I am stating the obvious because I have seen situations like this play out in the markets..So getting back to Monday. Because of the growing chatter of preparations of a Greek exit on Friday, We watched the markets sell off hard into the close. This leaves open a huge chance for a relief rally early next week. I would expect this to start Sunday night Monday European open remember that's If we get a reprieve from news from Europe this weekend.

  Because we go into this week as we left last I am placing a Caution on the Market Radar. 

  This week's Watch List is the first one that has no defined triggers and I explain why in the video, But there are some great return set ups ZNH has come back to a HPS set up that has worked every time. Also like the pre earnings trade in NTAP and a great list of shorts that are just rolling over.

  Relief Rally Chart

  

  You can View Video Watch List Video here http://daytradingradio.com/10for1000

  DTRS

• Special "Gas Chamber" Show: Automated Trading w/Gas

  

  posted by RPM

  May 18, 2012 9:38 pm

  Join DTR trader "Gas" for a special "Gas Chamber" Show: "Automated Trading" Saturday morning at 11AM Eastern.

  @rpm

• 

• Facebook IPO Challenge

  

  posted by daytraderockstar

  May 18, 2012 8:27 am

  Facebook IPO Challenge
  
  Everyone please come join and play for free & invite your friends. This is our first challenge that we are offering cash prizes to the top 10 winners. It will last for one week and all you can trade is Facebook. No Risk, All Reward! The game starts when the market opens at 9:30 AM ET on Friday but you can enter any time after as well.
  
  http://apps.facebook.com/superstockjockey
  
  Would love to see how many members of the Day Trading Radio Community can end up in the top 10
  
  If you want to trade Facebook this is a great opportunity to do so with no risk and only reward the way I like

• S & P Cash Close Contest for Friday 5-18-12

  

  posted by daytraderockstar

  May 17, 2012 2:25 pm

  Get your S&P Cash close guess in by 10 am EST Friday, 5/18/12, 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

  
  

  DTRBrian

• "Market Radar" New Feature of Daytradingradio.com

  

  posted by daytraderockstar

  May 16, 2012 9:39 pm

  Market radar will be a new feature I will be bringing to Day Trading Radio. It will consist of a market call on specific days where I see a convergence of important indicators we follow here at DTR. This alert will be released on a need to know basis.  Meaning, if I see a potential for a high probability move up or down or even if we have a very uncertain situation playing out, I will do my best to post the update here. The alert will come in 7 different types outlined below

  If you're a follower of Day Trading Radio, you know that I work with a duel stochastic indicator that times the futures with incredible accuracy. I also use a methodology called the HPS or High probability Setups that consist of pattern recognition, Trend lines, Short and longer time frame stochastics. I also take into consideration certain candle sticks combined with volume. All this can be used across different trading vehicles. This signal released will  be based on the S&P 500. 

  Here is what you will be seeing..

   This one up green arrow represents a slight bias to the upside. This represents at least one indicator lining up to the buy side. It's a lower probability set up.

  This is just the opposite but a bias to the downside

  This 2 Up green arrow represents a set up with at least 2 indicators lining up with a buy signal. These signals needed to be weighted with current market sentiment and if there is any positive momentum to the markets to give this a higher probability signal.

  NOTE: Momentum plays an important part in markets,  in a trending market we experience consolidation days and short term down moves these signals will only be released under the optimal conditions

  Opposite to the upside signal,but usually momentum and signals confirming a move lower.

  A Three Arrow Up signal will be the strongest signal and this takes into account various conditions which I will detail on the site dedicated to the key to the market radar. But for now, know it represents a multiple indicator set up based on multiple time frames, Pattern Recognition and at least 3 indicators converging in a buy signal.

  NOTE: Timing the markets is hard when you try to time a bottom or a top. These periods could play out over multiple days. Momentum in the direction of a trade adds a lot to the signal and will be added to the equation. There will be times when a signal will go out and the markets will go into a consolidation period that could last a couple days as the markets puts in a bottom or a top. That signal will stay active in those periods or if signal changes.

  Opposite of the 3 Arrow up signal

  If the market is not trending or uncertain  it's easy to over trade and get chopped up. Discipline in knowing when to protect capital is the most important factor to self preservation in the markets. You don't have to trade every day. Caution is a signal when the markets are unstable and the future is uncertain. This signal appears when there is over hanging news that is disrupting the normal flow and causing the markets to give false signals. Remember, there isn't any wrong signal the markets are always right. But if there is something that is moving the markets out of it's normal boundaries and signals start to fail, then we have to be ultra cautious and cut back on both trading and size. I am a big proponent of trading small. In this current environment, I like to test the waters with smaller entries and when the market gets back into a "rhythm" then its time to make the money.

  Look for the first installment of Market Radar coming up.

  DayTraderRockStar

   

• Happy Birthday to Paul (RPM)

  

  posted by daytraderockstar

  May 16, 2012 8:45 am

  Paul has been with me since the beginning, and I never met anyone so dedicated, loyal, hard working and a person who would put his life on hold to help someone else be it a member or the average joe on the street. I am proud to call him a friend and a partner. RPM has help many members on this site never asking for anything in return. He is what this community represents. Paul Have a great day. I am sure I speak for a lot of people that you are a class act and it honors me to have you a part of Daytradingradio and part of my life.

  Love you Man 

  DayTraderRockStar

  if you like to leave a message for RPM for his birthday here is a special number 252-506-9171

• Tech Talk Live 9PM . Malware Removal

  

  posted by RPM

  May 15, 2012 2:42 pm

  Tech Talk Live 9PM . Malware Removal

  Join me tonight as we work on Sunny's computer issues and general learn as we go show as we tackle bad stuff on the net.

   

  @rpm

• PLEASE NOTE THE TIME CHANGE: Join Special Guests Today at 1pm est. Chris Dunn from Emini Academy and Hubert Senters from TradeTheMarkets.com

  

  posted by daytraderockstar

  May 15, 2012 8:14 am

  Today at 1:30 pm est., Chris Dunn from Emini Academy and Hubert Senters from TradeTheMarkets.com, will be joining DayTraderRockStar for a special interview.

  Hubert and Chris have developed a new "bottom and top picking" indicator and will be discussing this during the interview. 
  

  
  

  If you have questions, please send them to onair@daytradingradio.com
  

  
  

  There will also be a complimentary webinar, "Our Favorite Tool for finding Market Highs and Lows" for listeners on Wednesday, May 16th at 7pm est.  You can sign up here for free!

  
  

  Enjoy!!

  
  

  
  

  DTRBrian

• Special Monday Night Trader Spotlight w/ TheOptionMan

  

  posted by RPM

  May 14, 2012 2:07 pm

  Special Monday Night Trader Spotlight w/ TheOptionMan/

  Join us tonight for a special Monday Night Trader Spotlight with Fred TheOptionMan to discuss his options knowledge and trading style. Join us tonight at 9PM Eastern.

  @rpm

   

  Great show Fred !! THANK YOU SIR !!!

  Members can see the full show in HD and comment and ask questions here:

  http://zone.daytradingradio.com/showthread.php?127-Trader-Spotlight-Live-quot-TheOptionMan-May-14-2012

• Special Guests Tomorrow at 1pm est. Chris Dunn from Emini Academy and Hubert Senters from TradeTheMarkets.com

  

  posted by daytraderockstar

  May 14, 2012 1:24 pm

  Tomorrow at 1 pm est., Chris Dunn from Emini Academy and Hubert Senters from TradeTheMarkets.com, will be joining DayTraderRockStar for a special interview.

  Hubert and Chris have developed a new "bottom and top picking" indicator and will be discussing this during the interview. 
  

  
  

  If you have questions, please send them to onair@daytradingradio.com
  

  
  

  There will also be a complimentary webinar, "Our Favorite Tool for finding Market Highs and Lows" for listeners on Wednesday, May 16th at 7pm est.  You can sign up here for free!

  
  

  Enjoy!!

  
  

  
  

  DTRBrian