The Definitive Higher High, Higher Low Setup

The longer a person has been involved in the stock market, the more you will observe similarities in charts, human behaviour, price movement, booms and busts. One classic observation for me has been the continuous types of formations that occur during the recovery stage following a savage downturn in prices. In particular I have observed the similarity […]

Pro Trader Daily Scan Routine

When one first starts to use the Pro Trader Software, it can appear a little overwhelming, however, one of the great aspects of the Pro Trader Software is it can be as complicated, or as simple as you chose.

Pro Trader Easter Update

XAO – The All Ordinaries hit an all time high on the 20th Feb 2020 at 7289. A mere 22 trading days later the All Ords traded as low as 4229, a fall of 3060 points or 41 percent.  With current levels around 5350 the index is currently around 26 percent from the peak and […]

Protrader – March 2020 Market Wrap

XJO Down 1362. Covid-19   Infects International Markets   The 576 point fall in February proved to be just the start, with March extending the longest losing streak since September 2018 (US/China Trade War) dropping another 1362 points. Domestic issues had virtually no influence on the Australian market with Covid-19 and the US (the engine of […]

February 2020 Market Wrap

XJO Down 576. Coronavirus Infects the Market   The Australian market, started the month with the biggest drop of the year, following Shanghai’s lead which dropped 7.7% around growth concerns related to the corona virus. However initial fears then subsided with the Australian market finding stability in the commodities sector XJR/XMM, and the renewed confidence […]

PRU – Perseus Mining Ltd

PRU – Perseus Mining Ltd has been in a long uptrend and has now formed an ascending triangle with resistance at $1.20.  Low volume and increasing on balance volume adds to the confirmation of a break of this level, it should continue the uptrend.

Protrader – January 2020 Market Wrap

XJO up 333. Hitting all time Bulls in Control   The Australian market, building on a consolidation that had been developing since October 2019, had it’s best January in 30 years, with the ASX rising a phenomenal 5.2%. From the 1st trading day of the month, till the 20th of Jan, the market went up […]

Big Picture Look: Breakout Wednesday Ep. 29

Long time member Sam discusses the NASDAQ and ASX stock markets. Starting with an overview of some of the main ETFs and commodities. Ending with a few trade set-ups Stocks discussed TSLA, HACK, TECH, ASIA, QRE, CT1, BOQ, ILU, APT, APX, TWLO, TNDM