Week-In-Review: Bullish Pixie Dust Shows Up Once Again 05/20/2016

Stocks snapped a three week losing streak and rallied after another volatile week on Wall Street. On Monday, stocks rallied 200 points only to give it back and fall 200 points on Tuesday. The market was up and down on Wednesday before falling hard early Thursday morning and breaking key levels of support. Then, the bulls showed up and stocks closed near their highs on Thursday and gapped up on Friday…

How to Use the ChartYourTrade Position Size Calculator

A critical element to successful trading is position sizing but it is often overlooked and seldom talked about by most traders. Inappropriate position sizing may cause you to not profit enough from your big winners if your position size is too small or worse, may cause you to blow up your account on a losing trade if your position size is too large.

Week in Review: Mr. Market Breaks Support and Gets Weaker

The bears emerged victorious after another ugly week on Wall Street. A closer look beneath the surface showed a lot of damage occurred. In last week’s report, we mentioned that the tape was split and we were seeing a few important areas begin to roll over. Well, many of those important areas broke down leaving fewer and fewer areas in “good” technical shape. The areas that concern us are…