S & P Cash Close Contest for Friday 6-1-12

posted by daytraderockstar

May 31, 2012 10:41 am

Focus list and market update for Thursday May 31st

posted by daytraderockstar

May 30, 2012 11:53 pm

As I write this the S&P futures are chopping between 1306 and 1309 basically flat on the session, Europe opens at 3am est and that's we will probably get our first clue to market direction tomorrow. News out of Europe continues to be the catalyst, and I would expect all eyes shift to the jobs report on Friday. Daily charts are still holding onto there short  relief rally attempt, But we could see a break down one last time before a move back up. I cover a nice selection of stocks both short set ups and long. Will be adding $LULU to the short list soon and $AMAT could be setting up for a move back up. Those  of 2 of the 12 outlined for tomorrow. Members can view video under the view more link.

Radar has to call for Caution as no real signal is given and the near term news factors keep the market on edge. For shot on a market call here..Fridays numbers if bad will give the market the expected drop, but very short lived and a reversal will ensue. As for tomorrow watch the news and trade light.

Thanks

DTRS

Read More …

Special Show Tonight - WT4P in Cincinnati - Market Moves 8PM

posted by RPM

May 29, 2012 3:49 pm

Special Show Tonight - WT4P in Cincinnati - Market Moves 8PM

Join Trade4Pay and others tonight for market talk. Show starts at 8PM Eastern.

@rpm

I Re-Uploaded the HPS Watch List for this Week

posted by daytraderockstar

May 26, 2012 7:38 pm

Sorry for the mix up. There are 2 videos the 10 for 1000/ HPS Watch List and the second is an introduction to the High Probability Site and important trading tips

You can view them here http://daytradingradio.com/10for1000

DTRS

This Week's High Probability Watch List Has Been Uploaded to the Site

posted by daytraderockstar

May 25, 2012 9:33 pm

This week we launch the High Probability Set Ups (HPS) section of the site that has been merged with the 10 for 1000 Watchlist. This means the alerts will be more automated.  You will be able to check the real time charts, how they are triggering and see the complete trading plan for the current set up.

When a HPS index stock sets up, you will get an alert via email of the levels to look at for entries and profit potentials along with stops. For traders who trade along in the chat room, you will also get notified when an Index stock approaches a level where a buy or sell trigger could be triggered.

We have programmed most of the core of the HPS methodology into the code of the site. This will give you a unbiased low risk entry with no guess work involved. HPS is a great foundation to trade from and I am happy to finally add it to valued membership portion of the site. Even though thousands of dollars have gone into building the HPS section I want to keep the price free for members of Daytradingradio.com as we continue to add value for the core membership. The HPS section will be opened up on Tuesday and please  understand it will continue to evolve with many more features to come.  SMS text messages for alerts, education, member webinars and many other features that are being worked on now.

This weeks watch list video can be seen here and I go into more detail on the launch and the set up for the week. http://daytradingradio.com/10for1000

At High Probability Setups, it is my goal to bring you the cream of the crop when it comes to stock trade set ups. We stay away from lesser known, more speculative companies to help ensure a high probability situation. We focus only on the highest quality stocks with solid businesses behind them. It is our philosophy that over the long run, trading better known companies, in high probability setups, is the way to consistent profits.

One last note 

Happy Memorial day!

May we never forget those who died defending our freedom and giving us the opportunities we have today.

DayTraderRockStar

Market Radar for May 25th

posted by daytraderockstar

May 24, 2012 10:30 pm

I feel the education here is the important and even though we are heading into a holiday weekend, I have a slight bias to the upside tomorrow on light volume.  How to read stochastics is a part of this video that is easy to understand and a core aspect of my analysis style. You will see the daily charts tend to have fewer oversold and overbought stochastics, but the ones that are formed, are usually a great timing tool for looking for trend changes. Enjoy

S & P Cash Close Contest for Friday 5-25-12

posted by daytraderockstar

May 24, 2012 2:01 pm

Market Radar for May 24th 2012

posted by daytraderockstar

May 23, 2012 10:54 pm

You can watch it large screen here http://www.youtube.com/watch?v=me29etgzqtU

Based on multiple factors everything look great for a follow through day tomorrow, great reversal candles litter the markets. $X, $VALE $SMG The 60 minute time frame is giving great signals and took the entry in $MDT on it today. Tomorrow should be exciting.

Market Radar for Wednesday May 23rd

posted by daytraderockstar

May 22, 2012 8:40 pm

Watch Full Screen here http://www.youtube.com/watch?v=Mjz8yxAM6bA

DTRS

Tech Talk Live 9PM - Video Card Choices for May 2012

posted by RPM

May 22, 2012 3:31 pm

Tech Talk Live 9PM - Video Card choices for May 2012

Tonight we will be talking about multiple monitor video cards and options for the trader with different systems in mind.

@rpm

Trader Spotlight 9PM - FT71 with Vankar Trading

posted by RPM

May 21, 2012 1:10 pm

Join us tonight for a special Trader Spotlight with FuturesTrader71 (FT71) as we discuss his views of the market as a trader, his technical tools and tips and some introduction to the Vankar Trading platform.

Join us tonight right here at 9PM EST

@rpm

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 seemed 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 am 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. It's all over the news and on the charts. Cutting back on size and taking risk off the table is more important than trying to guess on market bounces and bottoms. I am mad because i didn't embrace the downside for 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. 

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 the 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

"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.

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.

This Week's 10 for 1000 Watch List has been released

posted by daytraderockstar

May 12, 2012 11:09 pm

Sunday we will have more news out of Greece, this could play a big part in how we open the week. The market left off Friday starting to break down out of a bear flag. This flag is a text book example of what to look for in a bear flag. I placed a detailed image under here to illustrate. I would expect this flag to play out to the down side Monday and a better chance for a bounce back rally starting Tuesday. But I default back to any breaking news Sunday and to keep an eye on the futures here Sunday night (futures open 6:00pm est). This watch list  has some great set ups. I feel the better way to short the market is with the pro-short ETF's

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

DTRS

S & P Cash Close Contest for Friday 5-11-12

posted by daytraderockstar

May 10, 2012 2:05 pm

Tech Talk Live 9PM - Live resource troubleshooting / video performance

posted by RPM

May 08, 2012 2:14 pm

Tech Talk Live 9PM - Live resource troubleshooting / video performance

This show will discuss specific issues we have seen while watch flash video such as the DTR site and it's affect on some computers and what we might can do to improve it. Also looking at how to possibly use a TV as a computer monitor.

see you guys tonight at 9PM

@rpm

Stocks to Watch Tomorrow CAT, BHI, CLF, CIEN

posted by daytraderockstar

May 07, 2012 11:22 pm

4 great set ups tomorrow as we go into the second day of the week. Todays strength and rebound was encouraging, but not as convincing as i would like, That makes tomorrow a more telling day then today. We did close above the head and shoulders neck line that i am watching closely on a closing basis. The 1366 area is important and going into tomorrow I have an upward bias to the markets. What would be a sign for confirmation of a downward trend? A break down under 1356 and lets watch the volume too that will also be a tell on if this is something to take heed of. Slightly bullish going into tomorrow but taking smaller positions.

Members can see the Charts and notes under the read more link

DTRS

Read More …

This Week's 10 for 1000 Watch List has been released

posted by daytraderockstar

May 05, 2012 8:07 pm

The first part of the watch list breaks down to the core of the HPS methodology. And it is perfect timing for this video as the markets in a tricky balancing act going into next week. We have the perfectly formed Head and Shoulders pattern formed on the S&P and the apparent break down of the markets confirming the pattern. We have not yet broken the neckline and short term we are oversold. France's Presidential elections are Sunday and results could effect the futures going into Monday morning. I have no opinion or guess on how the election is going to effect the markets in the short term, but I do realize the markets have the proverbial carrot hanging in front of its nose in the form of QE3. I feel there is an invisible support area because of it. That leads us to this week and the line in the sand. The video is very educational and in these uncertain days ahead I stress caution until we get a clearer picture. 

There are 2 videos this weekend one is the market out look for this week the other is the watch list please join me in our forum if you have any insight or predictions on where this week will end. We have a great new forum for members and feel free to post your charts and video

http://zone.daytradingradio.com/

Watch List can be viewed here http://daytradingradio.com/10for1000

DayTraderRockStar

Trader Spotlight - DTR member Orion 9PM EST

posted by RPM

May 03, 2012 2:48 pm

Trader Spotlight - DTR member Orion 9PM EST

Join us tonight for another Trader Spotlight Live with first time guest trader "orion".

see everyone tonight @ 9PM

@rpm

show archive notes and materials on this thread:

here

S & P Cash Close Contest for Friday 5-4-12

posted by daytraderockstar

May 03, 2012 2:10 pm

Tech Talk Live 9PM

posted by RPM

May 01, 2012 2:32 pm

Join me tonight on DTR for some beta testing and initial setups of some new features on the DTR site. Plus some casual tech talk and music. see you tonight!

@rpm