Wow, we were there then we weren’t then we were then we weren’t. Recall that we need 61.5 NYSE advancing percentage 10 day EMA to generate a Zweig Breadth Reversal Thrust (ZBTR) signal. We have not had one since March 2009 which was the starting gun for the two year rally. They are rare,...
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Ok, First for the easy one. We did get a Ned Davis 4% buy signal, so the Ned Davis system tracked at Redliontrader.com will go long on the open on Monday into UWM on Monday. Our system has been up 92% including the last chopped entry. Remember this system only has a 50% entry...
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Hello, You are invited to a webinar on Features and Benefits of trading on NinjaTrader and how to setup the TTTHedge.com indicators. There will be some homework to get ready for this interactive webinar so please make sure you register to get the daily homework! When: Thursday October 20th @ 7pm EDT Where: TTTHedge.com...
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Hello everyone! We had a great webinar on Tuesday as we watch Ilan Levy-Mayer trade the CL market, showing us his entry style, risk management (stops and profit targets). It is so great seeing how different traders find their own edges. If you didn’t get to watch the webinar it was recorded here: http://ttthedge.adobeconnect.com/p77738931/...
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Leave it to someone to fashionize (is that a word?) the medical scrub business. Surfing around I have been looking for the “unusual” gift that is not an unimaginative gift card but something unique and different. How about fashionable scrubs for that Nurse, Doctor or Medical technician in your life? Or for just plain...
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![ES_F scalp using a Linear Regression Channel [video 5min]](http://www.redliontrader.com/wp-content/uploads/2010/06/image_thumb56.png)
This is a video from an ES_F scalp from Tuesday morning, June 15th. My channel is setup as a 23 period and on a 3 minute chart. I enter long when we move from the lower standard deviation to the upper (opposite for a short) and use the NYSE ticks to confirm the entry....
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I have received several requests for a Zweig breadth update. Here is the chart from Tuesday’s close: We are now 5 days out from the exit of oversold looking to reach the overbought area now by Tuesday of next week in order to confirm a breadth thrust.
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The Zweig/Ned Davis/RedlionTrader systems went back to cash on Friday’s close based on a weekly loss of 4%. This last trade has been the systems first loss since trading started in March of 2009.
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I have updated my trader pivots indicator to work better with futures. Sample chart of $SPX.X with pivots enabled. (click on image to get a larger version). These are the traditional pivot calculations. ShowTodaysOHLC = if set to TRUE will plot today’s open, high and low lines ShowYesterdaysOHLC = if...
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I am struck by how low the price of natural gas is. The historic low prices are a victim of oversupply with under-demand and is a lesson about the economics of commodities. Here is a chart of the continuous natural gas contract (NG) price action over the last 10 years. The 2005 peak was...
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