Stock Market Trading And Analysis for 08/18/2008

Special announcement at the end of tonights video! We also have another important setup learning lesson, and once again we failed the key 11700 area I’ve been sharing with you for some time now. So now what? Look for a another big move as we close in on the end of the consolidation! Thisvideo series is geared towards Investors, Swing Traders, and ultimately Day Traders who want to be armed with key observations for the upcoming major market move that will be happening shortly! Remember: You will consistently hear me reference previous videos during my nightly presentation. That’s because each new video builds upon the last as we demonstrate real world trading and investment analysis. Take the time to review all of our videos to expand your market awareness! You’re welcome to subscribe to our videos to keep up to date on the latest market analysis and techniques. Thousands of your fellow traders have done just that. If you want to be armed with the same education as them, subscribe. Don’t worry, we in no way shape or form, spam our subscribers. You become like family to us! Important disclaimer and reminder for all Traders and Investors! These videos are for educational purposes only. Equities, Futures, Options, and Currency Trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Absolutely do not trade with money you can’t afford to lose. This

25 thoughts on “Stock Market Trading And Analysis for 08/18/2008”

  1. Well it looks like you were right Robert. Excellent call. I really thought it would break to the upside, but credit where its due, that was an amazing call.

  2. What a day so far. Thank you soo much for your videos! I’ve learnt a lot and hence been avoiding my alter ego ‘ a slaughtered pig’.

  3. Hi there Jetbird!,

    The weekly divergence and higher timeframes is something I look at and an important factor that I shouldn’t keep editing out.

    If you notice, my videos in some cases have been cut right down to the 10 min mark.

    I have had to cut that concept out twice now but nonetheless feel it’s important. I may have to do a weekend video on that because it’s something I want to get out there as a strategy to our colleagues!

    Regards and good trading!,

    Robert

  4. Hi there Robert!,

    You are very welcome my friend! Listen, as time goes on, I share more here and in other formats to be announced, things will become even more clear to you! Keep up the great learning!

    Regards and good trading!,

    Robert

  5. Hi there BuyitTradeit!,

    Thank you so much for those well wishes! That was very nice of you. I wish much health and wealth to you and all of our colleagues here as well! Thank you again!

    Regards and good trading!,

    Robert

  6. Hi there Roonster!,

    Thank you for taking the time to post your thoughts and opinion! For the traders who only feel comfortable taking long side trades in their accounts, I hope you’re right.

    For everyone else, we’ll go with what the market gives us and be grateful we’re given such opportunities to participate in these kinds of markets!

    Regards and good trading!,

    Robert

  7. Hi there ESzonez!,

    What a very kind note! I really appreciate you reviewing all of the past videos, and recognizing what I’m trying to do for everyone whether new to trading, or seasoned vets alike! Thank you again! That means a lot to me!

    Regards and good trading to you!,

    Robert

  8. Hi there Geo!,

    Thank you very much! Send me a note to gmail reminding me to contact you about QT. Also, yes, those ES intraday charts are in fact 15 min bars.

    Regards and good trading!,

    Robert

  9. Hi there Ben!,

    Thank you very much! There’s a lot more of that to come in the future as well! Countless more things to share in the future!

    Regards and good trading!,

    Robert

  10. Hi there Zep!,

    Don’t worry my friend! I can’t say anything right now, but, let’s just say I won’t be a stranger to Europe! You’ll have your chance my friend!

    Regards and good trading!,

    Robert

  11. Hi there Keith!,

    Thank you and that’s great I’m glad you’ll be there! Privately send me your name, number, and email and I’ll keep you up to date on what we’re doing over those days!

    Regards and good trading!,

    Robert

  12. Hi there Cadaver!,

    Thank you very much for your very nice note! I’m glad that someone who has been here as long as you continues to see the new opportunites to learn! A lot more to come as well!

    Regards and good trading!,

    Robert

  13. Hi there Stu!,

    I would recommend that you stay away from the Roulette tables and do something that increases your odds of success. An education and some time with me down there! 🙂

    Regards and good trading!,

    Robert

  14. Hi there Phaethon!,

    You are very welcome and many more great things to come in the future. So many years of my ideas won’t be dumped into a few 10 minutes video clips!

    Regards and good trading as well my friend!,

    Robert

  15. Hi there Chuck!,

    You are varey welcome and I’m glad you’re here learning with out having to spend any money!

    Regards and good trading!,

    Robert

  16. Hi there Var!,

    I’ll be honest, most of the speakers seem to just use the platform to pump their products. I won’t be doing that! For me, the new technologies, and meeting a lot of great colleagues is the the draw to these.

    I was only authorized to mention Las Vegas at this time. You will be seeing a lot more from me in various forms in the future though! I don’t know if that includes NYC at this time. To many other things on the plate this moment!

    Regards and good trading!,

    Robert

  17. Hi there Radjune!,

    Thank you for your nice note. You are very welcome. Great question as well… Any chart without volume poses special challenges. Yet I do it every day with Indeces, etc. where I’m not really factoring volume. As far as FOREX and the currencies I’m asked about often, yes, the analysis tools I demonstrate here, plus many more I haven’t shown yet, are definitely applicable!

    Regards and good trading!,

    Robert

  18. Hi there Steve!,

    Thsnk you very much for your note! I have countless new ideas for you! There is so much to share and never enough time!!!

    I’m glad you’re here and thank you as always for your support of what we’re trying to do for our colleagues and community here!

    Regards and continued good trading!,

    Robert

  19. Hi Loop!,

    Congratulations on your day of trading and I 100% agree, trading is a challenge. Therefore like anything that’s a challenge, it can be very rewarding!

    Regards and continued good trading!,

    Robert

  20. Hi there Snyp!,

    Thank you for your great note! That’s very inspirational for me knowing you’re benefiting in such a way as that!

    I’ve had several people tell me they’re coming to Vegas! It should be a lot of fun and great learning experience for you! Privately send me your name, number, and email and I’ll keep you up to date on what we’re doing over those days!

    Regards and good trading!,

    Robert

  21. Special Note to Traders!

    The following are the longer-term key levels for this week!

    1370-1372.50, 1367, 1362, 1355-1357, 1348, 1342, 1338, 1333.50-1335
    1330, 1324, 1319-1321.50, 1313.50-1317, 1308-1311, 1303.5, 1299-1301, 1296.50, 1289-1290, 1281-1284, 1278.50, 1270-1272, 1264, 1260-1261, 1253—1256.50, 1246-1248, 1241, 1236.50, 1231-1232, 1227.50, 1217-1220

    Please don’t forget to track the daily pivots this week as I’ve previously shown you!

    Regards and good trading!,

    Robert

  22. Robert,

    Thanks again for the awesome videos. The weekly divergence on the DJIA is positive. Is this something you look at?

    thanks

  23. Robert On Friday I saw something in the Markets I had never seen before.
    I credit your videos for that, Thanking you in advance.
    Your friend Robert C

  24. SNP~ I really enjoy your videos. I watch them often and even recommend them. Above all keep up the good work! Above all be well and stay well.

  25. Surely higher lows and a fixed top suggest that the sells have stopped selling and there are more buyers buying? Hence the higher lows.

    IMO the chances of an upside break are more higher than a downside one. Lets see how things pan out though.

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