Category Archives for Sami Abusaad
Is This the Top in the Market? Part II
Sami Abusaad | Black Room LessonsToday’s video is a follow up to yesterday’s video about the the current market environment and how to prepare for the market going forward.
Continue Reading -->Why I Thought the Market Would Drop
Ryan Tonking | Black Room LessonsI often get asked about my trend day signal. Today we got that signal early this morning and the market followed through nicely. We’ll talk about the simple mechanics of how this signal works and how you can use it to your advantage.
Continue Reading -->Is This the Top in the Market? My Thoughts…
Sami Abusaad | Black Room LessonsIs This The Top In The Market? Today’s video is a discussion of the current market environment. We also discuss how the market topped in 2007 and bottomed in 2009.
Continue Reading -->My Swing Trade Game Plan for This Week (Oct. 1 – 5)
Sami Abusaad | Black Room LessonsGet Sami Abusaad’s Swing Trade Game Plan for October 1 – 5.Sami goes over his outlook on QQQ, and then he breaks down the swing trades he’s targeting this week.
Continue Reading -->How to Use the 200 Day Moving Average
Sami Abusaad | Black Room LessonsThe 200ma is the granddaddy of all moving averages. As such, stocks that gap just above the (flat) 200ma, regardless of the quality of the gap, generally get bought.Gaps below a 200ma usually get sold. Similarly, a multi bar drop into a 200ma often stops the stock dead in its tracks. One other thing to remember is that while the 20ma is most powerful when it’s trending, the 200ma is most powerful when it’s flat.
Continue Reading -->My Swing Trade Game Plan for This Week
Sami Abusaad | Black Room LessonsGet Sami Abusaad’s Swing Trade Game Plan for September 24 – 28.See what trades Sami is targeting, and why.
Continue Reading -->My Favorite Gap Patterns
Sami Abusaad | Black Room Lessons“Go where the oil is” is a saying that means go where the action is. In trading, Gaps create momentum, which is where all the action is. Today, I discuss the four type of professional gaps I like to focus on.
Continue Reading -->How to Scan Stocks for Actionable Patterns Part 4
Ryan Tonking | Black Room LessonsI often get asked how to find stock patterns. With over 1000 stocks in my day trading universe of possible patterns, it’s impossible to catch every pattern as a discretionary trader, but missing out on a bunch of nice patterns doesn’t work either. Having a scanning routine at certain times of the day helps me narrow down my universe list to a basket of stocks that will most likely give me a pattern. This is more manageable to work with and frees me up to focus on the best stuff of the day. This part 4 of a 4-part series. (click here to start with Part 1)
Continue Reading -->Ifan Wei’s Market Wrap: It’s Time to Stay Nimble
Ifan Wei | Market Wrap9/17/18: After a bullish reaction to news of a 2nd round of negotiations between the US and China, doubts have tempered expectations. As long as uncertainty remains, stay nimble. Without many companies reporting earnings this week, political news can easily move the market.
Continue Reading -->Swing Trade Ideas for the Week of September 17
Sami Abusaad | Swing TradingSami Abusaad, head of the Strategic Swing Trader Program, takes you through his swing trading watchlist for the week of September 17.
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