Trading Tips & Tutorials For Online Traders

Online trading tips for Forex, Futures, Options. Learn how to improve your trading business.

Nov12 Share

Trading Hammer Candlesticks

The presence of a Hammer candlestick pattern does not mean you should jump into a trade. Some traders will use the term “pin bar” but what we are talking about is still the Hammer candlestick. What matters, is context and we are going to discuss that after we learn what… Read more

Nov08 Share

Trading The 3-Bar Reversal Pattern

The three-bar reversal is a bullish or bearish candlestick chart pattern that can be used as a day trading setup for all markets and time frames. The issue for traders, especially day traders, is you will see the three-bar reversal pattern all over your trading chart. It is a common… Read more

Oct25 Share

Options Trade Of The Week – DIA

To take advantage of a potential move lower in the market, we are looking at buying Put Options on DIA for our Options Trade Of The Week. Buying Put Options is an aggressive trade looking for a move lower. It’s a break from the Credit Spreads that we have been… Read more

Oct25 Share

Complete MACD Indicator Settings & Trading Strategy Guide

The MACD ( moving average convergence divergence ) indicator is a technical analysis tool that was designed by Gerald Appel in the late 1970s. It is used as a trend direction indicator as well as a measure of the momentum in the market.  Traders will also use it to confirm… Read more

Oct24 Share

5 Tips For Successfully Day Trading Emini Futures

Whether you’re trading Stock Index Futures on the Chicago Mercantile Exchange such as the Russell Emini, the S&P 500 (the mini version of course), the Nasdaq or the Dow, there are some basic things you can do to heighten your chance of successfully day trading Emini Futures.   What Is Emini Futures… Read more

Oct22 Share

Supertrend Indicator: Learn How Simple It Is To Use

Trading with the trend is something we hear a lot about and it first requires defining a trend. Using the Supertrend Indicator, you can objectively determine the state of the market which will make your trading easier. The indicator will also present buy and sell signals which can be taken… Read more

Oct18 Share

Day Trading Indicators To Simplify Your Trading

Day trading indicators are a useful trading tool that should be used in conjunction with a well-rounded trading plan but are not and should not be the plan itself. In this trading article, I want to cover 3 best trading indicators for day trading that I find very useful in… Read more

Oct17 Share

Are You Dedicated Or Just Interested In Trading Success?

You need to have a high degree of persistence to perform at a high level in anything in life.  Trading included. To acquire the experience and ability to trade well and to maintain a consistent level of performance, is a tough task for many people who come into trading as… Read more

Oct10 Share

Trading With The ADX Indicator

The average directional index, ADX for short, is a technical indicator that measures the strength of a trend. Given that most instruments spend more time in a consolidated environment, it is helpful to know if your market of choice has any life to it. There is nothing more frustrating that… Read more

Oct07 Share

Call Spread – Pinterest

We are finally starting to see market selling this week for the first time in a number of months. We have been talking about this move in our last few Options Trades Of the Week. With the selling starting to pickup, it will begin to open our playbook more. You… Read more

Oct07 Share

Just Execute When The Time Is Right

You may be an expert in technical analysis and are able to read the market movements. You have a good eye in seeing who holds the balance of power on the chart and your trading plan takes advantage of that skill Traders can look at a chart and see, according… Read more

kagi charting
Oct02 Share

Kagi Charts – How to Trade these Squiggly Lines | Netpicks

Kagi charts were developed in the 1870’s in Japan, and many of us in the US first learned about them from Steve Nison in his book Beyond Candlesticks. When we started using Range and Renko Charts with our systems here at NetPicks a while back, we got a lot of… Read more

E-mini S&P 500 Simple Levels
Sep16 Share

4 Terrific Questions to Ask When Price Is at Important Chart Levels

If you’ve ever seen the movie “Trading Places”, you’ve seen how crazy it can be trading in the pits.  A lot of yelling, screaming, and hand gestures with everyone trying to get the price they’ve been waiting for. The modern trader of today uses trading charts to monitor price but… Read more

Sep12 Share

Options Trade Of The Week – NFLX

Are the big swings in this market this week causing doubt as to what trades you should be placing? I have heard from numerous traders just over the last few days that are frustrated with the big volatility that seems to come out of nowhere these days. As options traders,… Read more

Sep08 Share

8 Foundational Skills Every Trader Should Learn

When a person first decides they want to be a professional trader, rarely do they ask just how this is likely to happen. Usually they are too busy counting their imaginary money in their imaginary mansion to be concerned by this minor detail! Even in the face of widely available… Read more

Sep06 Share

2 Ways To Use Trading Range Breakouts

The auction in any market is straightforward: There are two types of market participant- buyers and sellers The degree to which these buyers and sellers are motivated by current price or market behavior Yes, there are lots of nuances to complicate things but the fundamentally important factors are straight forward…. Read more

trading tweaks
Sep02 Share

Use Both Sides of Your Brain for Trading Success and Consistency

When you have been trading long enough, the dogma when it comes to trading education becomes obvious. In fact, there are too many courses, books, and trading forum professionals using words like “should”, “must”, as if they are talking about the only path to success. Having a belief that there… Read more

Sep02 Share

Options Trade Of The Week 6/28/19 – GLD

GLD is one of the few ETF’s in this market that has good volatility. As a result, the options are more expensive giving us more opportunity as an options seller rather than a buyer. For this week’s Options Trade Of The Week we are going to take a look at… Read more

Sep01 Share

5 Questions To Instantly Improve Your Options Trading

Do you ever get the feeling that markets are rigged against you? Does it always seem like the market makes the exact opposite move that you are looking for? Why does it seem like the market reverses the very moment you put a trade on? While it can see like… Read more

Aug31 Share

Be A Prepared Trader – Especially In The Summer

Summer trading is upon us and many times that means slow markets. But just as in life, we can’t get lulled into going through the motions when grinding price action takes over our screens. So let’s have a conversation about how markets can change their behavior very quickly. They can… Read more