Here’s the special weekend video that was most requested and voted for by channel subscribers.Remember: 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.
Brilliant! Thanks for what you do!
Hi Quotally!,
I’m glad you sought clarification! Go back into this video. At about the 2:00min mark where I really start to get into the analysis, you’ll see that I’m actually starting off with the Monthly chart!
I actually spent almost 4:00min just on that chart alone! That’s very important to remember! So Monthly and Weekly and Daily are most important! Then I use Intraday levels usually in combination with those others, for the next few days trade!
Regards and good trading!,
SnP
Do I understand you correctly that you use the daily, 15m and 1h time frames to identify approximate S&R levels where price reacted in the past? Which ones are less important and which do you find more important? If I go through my chart I would have overlooked some and identified others. Perhaps you can give us a little more color on this or even show us live how you go over a long term chart and place horizontal lines. Just to tell us your thinking process where you see these levels.
Hi Konshus1!,
The Pivot Point discussion and new Mentor Contest have now been released in the 03/31/2008 video. Enjoy!
Good trading!,
SnP
I love this stuff. Thanks so much. I’d love to see content about pivot points.
Greetings Henkera!,
Thank you for the very nice thoughts from Sweden! I’ve seen more and more traders from Sweden and Europe in general and that’s great! I welcome everyone here whether they’re businesses or individuals.
I hope that all of the effort I put into the videos, the contests, the emails/responses will continue to benefit you, and all of our traders around the world!
Good trading!,
SnP
Its unbelievable how mutch efford and work you put into answer posts and mail. Thank you so mutch for this. Greets from Sweden.
Hi jhobbz!,
I certainly will. Thank you, and good to hear from you again.
Good trading!,
SnP
Hi Matt!,
I really appreciate your sincere words. Also, thank you for your emails to me regarding screen resolution. I’ve been trying some of your suggestions in all of my “spare time” 🙂
By the way, I like your blogspot! Keep up the good work as well! Perhaps sources of objective information such as ours will improve trader education without them getting “suckered” (In my opinion) by some of the several thousand dollar qet rich quick schemes out there!
Good trading!,
SnP
Hi discotrader!,
Many thanks to you and DISCO as always. Greetings to you in Saudi Arabia!
Good trading!
SnP
Hi happychucky!,
The software I’m using in these videos is from eSignal. I used Tradestation back in the 90’s but moved away from them when I felt they started trying to push me towards using their new brokerage services they were offering back then to continue to use their software. eSignal offers all of the custom indicator features I need.
Good trading,
SnP
Hi Jimmyvern!,
Actually sir, I answered this for you in the comments section of the 03/13/2008 video but will gladly repost it for you!
I certainly use Fib charts, particularly on the 60 minute, daily, and weekly charts. The key levels the generate figure into my analysis when looking for my support and resistance levels I post in the channel.
Good trading!,
SnP
Brilliantly explained! You are an invaluable and welcomed teacher in the trading community. Thanks for all your time and dedication.
yes pivot points would be great, also do you use Fibonacci Retracements. thanks
Thanks a lot everyday I learn more and more from you . Well my higher power is DISCO so may the mighty DISCO bless you.
Yes! Explain those pivot points please next time! Thanks for all the help.
Thanks for the Daily commentary. I really enjoy watching them. Learning a lot. Can you tell what charting sevice you use?