Sunday Update for Week of 10/1 – A Look Into The Month of October

A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action. This weekend, we are focusing on the recent events in the broad markets such as the interest rate hike and the turbulence in the European markets. As the month of September has ended for trading, the historically volatile October is here.

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TrendSpider Strategy Guide Post – Trading the SMA vs. the EMA

When most traders think of moving average confirmation strategies, they may immediately think of the generic and most widely used ones such as the 50-day Simple Moving Average vs. the 200-day Simple Moving Average. However, even though these can be very useful, especially as many traders become educated and are looking at the same thing creating self-fulfilling moves, there are other moving average relationships that backtest very well.  Continue reading TrendSpider Strategy Guide Post – Trading the SMA vs. the EMA

Sunday Update for 9/10 – Broad Market Update

A prepared trader is a profitable trader, and Sunday is a great day to get ready for the week ahead. In this weekend’s issue, we are taking a look back at last week’s blog post as well as a few other main ETF’s that track the market. As the market has been so volatile, anything can happen but technical analysis can give traders a general idea of where prices may be heading. To see what we were watching for last week, take a look at last weekend’s blog post here. 

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TrendSpider Strategy Guide: Bollinger Band Trading Strategies

Bollinger Bands are one of the most widely used indicators in the financial markets by traders and automatic trading systems. These mathematically backed lines do not necessarily need to be fully understood to trade them, but it is important to know how they are created and how they can be used. We will recap what Bollinger Bands are from our last blog post and show what TrendSpider features will help you trade this indicator strategy most efficiently.

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TrendSpider Strategy Guide: Trading Trendlines with Moving Average Confirmations

One of the main things to remember when trading is that using an approach which utilizes multiple confirmation signals is generally the best way to go for statistical significance purposes (the more confirmations, the less chance of a false signal). One of the most popular ways to find confirmations on the chart is through moving average signals that occur when two moving averages cross either to the upside or downside (the shorter term moving average creates the cross). These signals are important for a number of reasons and will be explored more in the following sections.  We will also explore one of TrendSpider’s most valuable features which help traders use their time more efficiently when the market is open.

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