Archive for October 31st, 2011
ChartingAcademy.com http Hang Seng and Straits Times rebounded from oversold condition and this pull a lot of Singapore stocks higher. While we ended the week stronger, Moody and Fitch downgraded banks and countries causes a strong whipsaw in US on Friday. How will the market react to this news this week? Find out what it is in this week video edition. Remember to let your friends know about this video, Facebook and weekly webinar (Thurs 10am). Thanks. This is a weekly SGX Singapore stocks market review posted every Sunday evening by Jonathan Tan
Noelia Boehning
Get an overview of your trading centre: This video shows you how to use your trading centre as a hub for account and market information. Here you can attain market information and view streaming quotes for stocks. Questrade’s how-to videos will guide you to a better online trading experience. Questrade, an online Canadian brokerage, is known for the $4.95 stock trade.
Valarie Brawner
www.guerillastocktrading.com Possibly the most well-liked intraday trading method practiced by professional stock traders is the Opening Range Breakout. Ever since its beginning, the Opening Range Breakout has mutated into a number of different strategies. We are going to define our Opening Range as the initial 30 minutes of stock trading. At the thirty minute mark, we will draw a line on our stock chart or make a yellow sticky of the highest price and lowest price during this 30 minutes. Therefore the essential basis of defining the Opening Range is that your predisposition for trading the underlying stock will be determined by where the stock is trading in relation to the Opening Range. As long as the stock or market trades within the Opening Range, it is trend neutral and does not furnish either a buy or sell signal. If the stock breaks above the high of the Opening Range don’t do anything yet. You must have a close above this range on a 5 minute chart. Provided you see a 5 minute candle breaking above the Opening Range, the next signal you need is confirmation. You need one more 5 minute bar closing above the range to confirm the breakout. Provided the stock drops below the low of the Opening Range, do not do anything. You need a 5 minute candle breaking below and you must have an added candlestick for confirmation just like a break above. The stock trading above its opening range has a bullish bias, and a stock trading below its opening range has a bearish bias …
Mary