Users: nostrashamus: Slope Of Hope with Tim Knight

Slope Of Hope with Tim Knight

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Content added from slopeofhope.com

We all face risk as traders. No one knows what a day is going to bring (unless you are one of the big banks, in which case your profits are assured by government fiat). But for us little guys, we have to do the best we can with the tools and skills available to us.

The week ahead brings more risk than most weeks. I won't even go over what the risk events are; you've heard them all countless times. Suffice it to say that it's going to be wild, dangerous, and - at times - scary.

Continue reading "I Choose the Risk" »

For the first day since Thursday last week, the lower bollinger band on SPX was not touched as support yesterday and that looked like a clean break towards the upper bollinger band. That's currently just above the 1340 resistance level and I would normally at this stage expect that to be touched, or close to it, before seeing another break below the middle bollinger band:

Continue reading "Greek Fire (by Springheel Jack)" »

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