Few Days Off

If you have ever day traded stocks then most likely there have been times when you received a day trading signal from your system to go long a stock at the same time that the market indices (i.e., S&P, Dow, and Nasdaq) were solidly trending down. Or maybe, your system produced a short signal on a stock when the overall stock market was in a runaway uptrend. For most day traders, taking trades against the currents of the market indices leaves an uncomfortable feeling in the stomach. The decision about whether you should take a particular entry signal can be improved by understanding day type price patterns.

It is true that the market indices behave differently from one day to another. However, there are recurring and predictable day types that appear over and over again. Being aware of the type of day that is setting up for the Dow, S&P, and Nasdaq before you enter a trade, will help you make better decisions that are in tune with the flow of the day’s market dynamics. Understanding day types will make it easier for you to decide whether you should take a trade or avoid it altogether. This will, in turn, lead you to placing more effective and higher quality trades.

Markets are in a constant state of flux between trending activity and range-bound activity. On certain days the market indices may move in one particular direction for the entire session while on other days the indices are void of any particular market direction. Ignoring a trending day type may cause you to take low-probability counter-trend trades against a strongly trending day simply because your system told you to do so. Conversely, ignoring a range-bound type of day, may cause you to make the common mistake of only taking trend trades when it is safe to take both trend trades and counter-trend trades. The ability to switch modes from trend trading to counter-trend trading based on the type of day that is setting up will make you a more adaptable and effective day trader.

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The following five general day type price patterns can help you decide whether you should play one side of the market or both sides, either long or short. The patterns provided below are for a bullish market, however, you can simply reverse the logic for a bearish market.

Trend Day. The market index opens strong to the upside and continues trading higher through-out the day without only minor pullbacks. Any declines in the market index are only pullbacks within the uptrend. Alternatively, the market moves haphazardly but steadfastly upwards over the course of the day. You will “typically” see NYSE Advancing issues trouncing NYSE Declining Issues and NYSE Up Volume trouncing NYSE Down Volume. Typically, both Advancing Issues and Up Volume will be greater than 75%. You should seek to take only long trades during a bullish Trend Day.

Range-Bound Day. The market index trades sideways within a range over the course of the day. There isn’t a sustained trend in any particular direction. NYSE Advancing issues will be about the same as NYSE Declining Issues and NYSE Up Volume will be about the same as NYSE Down Volume. It is fine to take both long and short trades during a Range-Bound Day.

Thrusting Day. The market index opens strong to the upside, but then trades in a channel starting around noon (or 11:00 am est.), and continues trading sideways both up and down for the remainder of the day. NYSE Advancing Issues and NYSE Up Volume will trounce NYSE Declining Issues and NYSE Down Volume, respectively, in the beginning of the session, but may then peter-out. It is OK to take both long and short trades during a Thrusting Day.

Range-Explosion Day. The market index trades sideways in a range for most of the day, but then suddenly breaks-out to the upside in the latter half of the day. NYSE Advancing issues will usually be about the same as NYSE Declining Issues, and NYSE Up Volume will usually be about the same as NYSE Down Volume. It is fine to take both long and short trades during a Range-Explosion Day.

Reversing Day. The market index opens strong to the upside, but then suddenly reverses in the opposite direction either soon after the open, over the course of the day, or near the end of the day. NYSE Advancing Issues and NYSE Up Volume will typically trounce NYSE Declining Issues and NYSE Down Volume, respectively, in the beginning of the session but may then peter-out or potentially reverse. It is OK to take both long and short trades during a Reversing Day.

Apply these patterns to the market indices (i.e., Dow, S&P, and Nasdaq) throughout the day. When you receive a day trading signal from your system to enter a particular stock, consider the pattern that exists at the time of the signal to help you decide whether or not to take the trade.

Originally published here.

Valentine’s Day has started in the era of the Roman Empire. In antique Rome, 14th February was a festival to honour Juno and she was the queen of the roman gods and goddesses. The Romans also recognized her as the goddess of women and marriage. The following day, 15th February, started the spread of Lupercalia. It is a holidays on this day so that all lovers and couples can enjoy and express their felling to one whom they love. The month of February is also called as month of Romance. Normally, valentine’s day has celebrated on 14th February every year.

This day also involves mutual exchange of Valentines. Each couple celebrate by presenting flowers, gifts, offering candies, sending e cards, sending love messages and many more of St Valentines, the fan saint of lovers.Every year 14th February, has celebrated as Saint Valentine’s Day all over the world. In 2011, the Valentine’s Day will fall on the day of Monday on 14th February. The Valentine’s Day is the much anticipated day of the year for all youngsters. Romance is a zealous feeling for someone particular in life. You do everything to make her or him consider special. This valentine’s day 2011 will tell for your love and romance. It gives the much-needed time to your relationship. Like other year, Valentine’s Day celebration 2011 will commence at the knock of midnight. Most couples and friends exchange wishes and gifts. Small coupon gifts saying speaking volumes and a hug from your partner is an essential part of the day’s celebration.On Valentine’s Day, we respect all those people who we love the most.

Love is the most beautiful feeling in which our heart does the talking and to state this beautiful feeling millions and millions are spent on cards, flowers, gifts and candies every year. The most excellent way to express the blow of love is the Valentine Card. The Valentine Cards are one of the most particular attractions of the Valentine’s Day. A valentines day cards gives the message to your loved one that how much you love them and how significant he or she is in your life. There are various valentine cards with special themes available in the market.Friendship day has celebrated on the first Sunday in the month of August. Today, friendship day has become a custom. People usually make new friends, honour their old friends, get together and celebrate this day. There are many ways friend greet each others such as by swapping flowers or cards and even sending SMS’s. Generally the friendship day date changes every year.

In 2011, the friendship day will fall on 7th August. Friendship is the most earliest and basic form of any human connection. This has no age, caste and language block. You can be friends with any person.On friendship day, one of the most famous ways to express your love and good wishes with your friend is friendship cards. Swapping Friendship Day Cards with a large number of friends has observed as a sensible way of keeping friendship alive. In the market, there are many varieties of friendship day cards available. If you need more information on friendship day and Valentine’s Day, you can get it on our web portal.

Originally published here.

Rose Day marks the beginning of the celebrations of Valentine Week and Share the love this year with a Valentine’s Day party. Rose Day is usually celebrated on February 7th and having origin in Greek mythology where Rose was considered to be the symbol of goddess of Love Aphrodite and Goddess of Attraction Venus. So if you are too far away from your sweetheart to gift her rose or looking for a valentine’s day gifts, valentine’s day enjoys and celebrates love in the dreamiest way. People across the world celebrate this special day by expressing love for their sweetheart valentines, parents, teachers and friends. As per the tradition valentine cards, chocolates, flowers are exchanged between lovers. Everyone tries to out do others when it comes to pleasing loved ones on the Valentine’s Day and to make them feel special on this day by different Valentines ideas.
Love is floating around to invite to a valentine’s day party where a gorgeous look and turn heads as you entering the hall. You have to find the perfect attire that flatters your body and emphasize your individual features. Flowers are a special gift to be given at Valentines Day and none is more popular than that of the rose. Whilst a special gift, the red rose is one of the most romantic flowers and habitually appreciated by the recipient, whether receiving a single stem rose or a half dozen of red roses.
Friendship day is the right chance to celebrate your friendship. Send these friendship day cards to your friends and celebrate the spirit of friendship day. One of the most popular way of expressing love and good wishes for family and friends is through the exchange of Friendship Day Cards. It has been seen that cards come in very handy when we wish to emote our deepest feelings or convey our warm wishes for friends.  valentine’s day cards are one of the most popular gifts to your loving and dear ones. They are a lot of fan of love romantic greeting cards, which are very popular in offering lovely gifts and good choice option for your lovely selection and a lot of lovers such types of gifts that are very friendly for young lovers and as well as twenty Twenty generation.   
Valentine’s Day is all about celebrating love. When Valentine’s Day is round the corner, market is flooded with gifts and items to match with the choices of people. A gift basket for Valentine’s Day can be regarded as the best idea to gift someone. A gift basket should constitute gifts depending on whom it would be gifted to, whether they are your relatives, co-workers or partner. Valentines Day, February 14th, is a fun day for both young and old! It is a day to think of those we love and celebrate friendship and kindness. It was one of my favorite winter holidays when the kids were younger as all the hoopla of the parties in school, Scouts and Sunday school colleges.

Originally published here.