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Day Trader Radio

Announcement Archive
October 2016

  • The passing of a great member and person.

    daytraderockstar post

    posted by daytraderockstar

    Oct 28, 2016 11:52 am

    I got the news this morning that one of long time members had passed away. You would know him by the name "Dominator" on the site and Dominic to his friends. Dom was one of the kindest persons I ever met. His physical appearance alone was of a giant but he radiated kindness wherever he went. One of the most giving and cheerful men I ever met. I am sad to hear this news today  We here at DayTradingRadio will miss him dearly. I know Paul is talking about Dom today on the radio and remembering how special he was. Our condolences go out to the Salotto Family.

     

     

    For info on the Obituary and funeral  

    http://danjolell.tributes.com/obituary/show/Dominic-A.-Dom-Salotto-104078035

     

  • Early Edition of the HPS Watch List for Friday and next week

    daytraderockstar post

    posted by daytraderockstar

    Oct 27, 2016 9:24 pm

    Well here we come down the home stretch into the election. The markets have a great chance to pullback these next 2 weeks and tomorrow we might start to see traders unwind bigger positions ahead of the crowd.

    Just mentioning the increasing chances of a pullback here raises a red flag and as i do my daily research I continue to see many other market watchers make similar predictions. So its really up in the air and I expect within the next 2 weeks to trade lower then where we are today. 

    I came across a nice write uo from our friend Jeff Hirsh at the Trading Almanac @Almanactrader Here is the link

    http://jeffhirsch.tumblr.com/post/152401672678/market-views-from-the-big-easy

     

    Here's his outlook in a nutshell

    "The market is likely to continue to waffle until after the election as the country and the world is a little on edge with this year’s unique circumstances. But after that we expect an upside move in November and through the Best Six Months and the first 100 days of the new President with some weakness in the first half of December and a January/February profit-taking break, save some longshot election result or a delay in the decision that derails the stock market. "

     Until we can get past the unknowns we will still have huge opportunities during the day. Tradeometer and RamBot.  


    Here is this weeks Video for members 

     

    See you in the markets tomorrow morning.

    DayTraderRockStar

     

  • New HPS watchlist and post for next week. Cautious View heading into the Election

    daytraderockstar post

    posted by daytraderockstar

    Oct 21, 2016 6:54 pm

    Here is this weeks members HPS Video

    Today started off with a huge internet outage and DDos attack to major site on the web. The markets seems to only react to the initial news early this morning then spent the whole day grinding higher. There are a lot of issues overhanging this market.

    Election

    Interest Rate Hike

    Probably command the top 2 spots, The rate hike is well telegraphed and should be priced in by now, but the election is a big wild card. My call 2 weeks ago had been for a pullback into the election.So far nothing significant has happened to the downside and it looks like all the news that could be effecting the markets are no effect on it.

     

    I mean today it seemed like there was a huge cyber attack on the US and the markets rallied into it. This tells me a lot and its all great for us. The markets are controlled by the machines, Dark pools algo's, black boxes..and more. The levels that we tracks and point out real time for sell signals and buy signals are consistently accurate to a point where you have to reasonably conclude these mathematical formulas that underly the signals are in sync with the algo's. Even today when I got out of a trade because i "thought"  to much about it and took it off . That setup worked out fine even though I didn't believe it for some reason.

    This weeks Friday Live Education Video and market talk (Public)

     

     

    https://www.youtube.com/watch?v=qASVq0ryR1E

     

    There is a lot to look at next week but the safe bet is to cut back and lighten up. Identify the trend for the day if it is effected by news then trade with trend taking signals in favor of trend and not against it. If there is not trend and it appears to be part of a consolidation phase or rest, then use signals on both side Buy and Short.

     

    DayTraderRockStar

    Next week the lifetime sale ends on the Tradeometer/DTR Combo 

    Currently http://benefits.daytradingradio.com/fall2016-special/

    The Price will go up $200.00 Next Friday