Friday, 21 October 2011
Meet Rick Lee....The Hipster COP
Hipster Cop from Sparrow Media on Vimeo.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Trading With Volume Profile...by Sam Whitehill
Trading With Volume Profile
Daytrading stocks is largely a game of knowing critical support and resistance price levels. Here’s a valuable tool that identifies these levels quickly so you can make sound trading decisions.
Typically, you need to scan through a substantial number of intraday stock charts in order to identify these critical support and resistance levels within any individual stock. This is a time-consuming and tedious process. Moreover, historical chart data is not always available for a time period extending beyond six months, as some charting packages stop showing data more than six months in the past.Volume profile Volume profile is a valuable trading tool that can save time and allow you to more easily see significant price levels that occurred in the more distant past. Volume profile is sometimes referred to as “price by volume.” It is somewhat similar to the price activity chart in that it displays cumulative volume by price. It is also similar to Market Profile, but it does not include the time component and is considered a separate tool. Essentially, volume profile is a chart showing the amount of volume (number of shares traded) at each price level over some length of time. Instead of scanning through many intraday charts of a stock to find key support and resistance price levels, you can simply generate a volume profile chart in a fraction of the time. In addition, you can more easily see support and resistance levels from longer periods in the past.
Support and resistance price levels are important to most trading styles and of utmost importance to daytrading. Identifying these price levels correctly and quickly is not always an easy matter. For example, you might look over candlestick charts on hourly, daily, 15-minute, and five-minute time frames in order to identify and track significant support and resistance levels within a particular stock of interest.
Figure 1: volume profile chart for baxter international (7/30/09–1/29/10). This chart was created by summing up total volume traded at each five-minute candlestick’s highest price over the previous six months. Note the circled prices have much more volume. They should be more significant support and resistance levels than other nearby prices with much less volume.
http://www.traders.com/Documentation/FEEDbk_docs/2010/06/Whitehill.html
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
EURO trades in ‘no man’s land’ by Dean Popplewel
EURO trades in ‘no man’s land’
at 6:34 am UTC, 10/20/2011
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
at 6:34 am UTC, 10/20/2011
Welcome to the new norm? Price action has been volatile again early in Europe. The headlines that the IMF was at odds with the EU had the EUR testing the morning lows. During most of the session, Middle-east demand has been lurking and the reason cited for stop-losses been triggered on the fresh bullish follow through. Many are consoling themselves that selling the EUR remains the preferred choice into the EURO summit and that this will see topside failures soon seized upon. So far, this topside keeps moving!
Another event risk to overcome? Papandreou gets to tests his party’s unity for a second time in 24 hours today. Some member’s ‘will’ could be broken, but not the will of the general strikers. On that note, Swiss ZEW investor sentiment rose to -54.4 in October from -75.5. It provided minimal FX affect, that been left up to the Middle-east players.
This sliding EUR negativity is pressurizing the weak dollar shorts and is welcome fodder for dealers. Playing the percentages and going with the heard, the left hand side price action is preferred. It seems that positional pain has to be endured if downside objectives are to be achieved.
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
Muammar Gaddafi, the 'king of kings' dies in city of his birth - Peter Beaumont,guardian.co.uk
Muammar Gaddafi, the 'king of kings' dies in city of his birth
Libya's former leader killed by rebels in Sirte in wake of French airstrike, although precise details of his death remain unclear
Peter Beaumont
guardian.co.uk, Thursday 20 October 2011 21.54 BST
Colonel Muammar Gaddafi was born in Sirte, and when he became the ruler of all Libya, he transformed it from an insignificant fishing village into the country's sprawling second city. On Thursday, after a brutal – and ultimately hopeless – last stand, it was the place where he died.
For the past three weeks, with Gaddafi's whereabouts still unknown, government fighters had been puzzled by the bitter and determined resistance from loyalist fighters. Trapped in a tiny coastal strip just a few hundred metres wide, they had refused to give up, even when a victory by the forces of Libya's National Transitional Council seemed inevitable.
Here at last was the answer: they had been fighting to the death with their once-great leader in their midst......
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
October 20, 2011 Midday Metals Report
All information on this website is for educational purposes only and is not intended to provide financial advise. Any statements about profits or income, expressed or implied, does not represent a guarantee. Your actual trading may result in losses as no trading system is guaranteed. You accept full responsibilities for your actions, trades, profit or loss, and agree to hold MinKL Invest harmless in any and all ways.
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