If you are an institutional trader you may have recently noticed that you are no longer receiving daily market reports from your bank/broker. These reports were something you frequently relied on to optimize your trading performance and get prepared for the trading day. Additionally, they allowed you to provide key market insights to your investors without spending hours doing your own research.
So what gives...
Well, part of the new MIFID II rules that went into affect on January 3rd were updated Unbundling Requirements.
What does this mean you ask...
To make a long story short it means banks and brokerage firms can no longer provide free market research to their clients. As a way to make pricing more transparent any market research you receive from a bank or broker will now have to be paid for.
So I ask you, if you now have to pay for these reports are they really meeting your expectations? Are the reports giving you everything you need to provide quality financial market insights to your clients and optimize your own returns?
No...? I thought not.
If you have to pay for market research why not pay for something that actually meets your expectations.
Day Trade Ideas provides reliable and trusted daily technical analysis reports with clear trade signals from a 30 year trading veteran. All of our reports are delivered before 6am GMT every single trading day so you are well prepared before market open. And the best part is the reports are provided at an affordable fixed monthly rate.
So what are you waiting for?
Click the button below and try Day Trade Ideas Premium subscription. We guarantee you won't be disappointed.
If you are looking to scalp the market and make a small amount of pips per day.
Here’s a few ideas:
1. Trade the morning session in Europe only (Obviously not possible if you are in the USA). I find the support & resistance levels tend to be more reliable before the US open.
3. Study different time periods that are appropriate to your style of trading.
4. Do not focus on indicators alone - they are much easier to follow but can be misleading (stochastic, RSI, MACD etc)
5. Learn that the most important thing about short term day trading is not figuring out which direction the market is about to go in the next few minutes, hours or days. No one can do that consistently…not Soros, not Buffet, none of the famously successful find managers.
6. Teach yourself how to trade support & resistance.
7. Never risk more than 5% on a trade.
8. ALWAYS ALWAYS ALWAYS PLACE STOP LOSS ORDER WHEN YOU ENTER A TRADE AND NEVER MOVE IT AWAY TO INCREASE YOUR POTENTIAL LOSS.
9. Start on a demo account for the first few months at least & don’t fool yourself in to thinking trading is a fast track to riches. I have been doing this for 30 years and have friends who have become wealthy but they still don’t find it easy, they still have big losing trades and none of them made their money over night.
Hi Day Traders, we have recently updated the Online Day Trading Course. Go Check it out!
Also, for a limited time you can receive a 15% discount by using the code DTI15
In episode 52 of the Desire To Trade Podcast, I interview Jason Sen, a Forex trader and technical analysts with a lot of experience working for institutional clients. Jason is also the man behind Day Trade Ideas.
Jason currently lives the good life in Thailand, a well-merited location as he started to trade in early in college (1987) when his father introduced him to trading. He quickly got into stocks and was surrounded by charts, which he learned to interpret.
What I really like about Jason is his simple approach to technical analysis. He uses it to provide technical reports and trading ideas to his clients without making things too complicated. He is the perfect person to tell you what you should focus on when looking at a Forex currency pair, or any other market.
A very important concept discussed in this podcast episode concerns how to deal with a series of losses. Those are inevitable and Jason went through several series of losses. He was then a very good person to get advice from.
We will be doing another live event for our subscribers on March 26th, 2018 at 9am EST. No matter which subscription you have at Day Trade Ideas you will be invited to attend the event, the only rule is that you have at least one subscription with us.
This is a great opportunity to see how Jason Sen, a 30 year trading veteran approaches the markets in real time. There will also be a Q & A session where you can ask him any questions you have about the current market conditions or just trading questions in general.
For those who are not subscribers to one of our subscriptions and thus couldn't attend the event live, below is the recording of today live analysis session.
Jason Sen was featured in this month's issue of FX Trader Magazine. He did an excellent write up on the United States Dollar and the impacts it's movements will have on various USD crosses. Check it out!
The course is in video format with a professional narrator reading over 3.5 hours of power point presentation from the 9 modules. (You can mute the sound if you want to read the course yourself - sound is useful if you are on the move).
There is an additional 30 mins of 'live' analysis by Jason Sen spit over several modules.
Although the total amount of video is 4 hours you will want to go at a slow pace to take it all in and go back over parts to fully understand. You can login in at anytime in the future to revise any of the modules.
You will wish to copy the golden rules at the end of the course to read through every morning before you start to trade.
We have now added a channel with over 640 live technical analysis videos, which I recorded over the last 3 years. This is over 100 hours of video for my Forex, stock index & commodity subscribers, in which I fully explain my thoughts, trade ideas & expectations in real time, before I know the outcome.
Emini Dow Jones key to direction is very strong resistance at 24780/799
Emini Dow Jones key to direction is very strong resistance at 24780/799. Try shorts with stops above 24900. An unexpected break higher targets 24995/999 then 25050/060 & 25150/160.
I DO THINK WE SHOULD turn lower today to retest 24680. Below 24660 is more negative, so this is helpful. Watch support at 24610/590. A break below here is a sell signal targeting 2430/20 & strong support at 24485/475. A bounce from here is very likely on the first test at least, but a break lower eventually will be another sell signal.
Why are you teaching when you know damn well you cant trade?
oh thats right you like to scam people out of their money. Shame on you. moving averages and fibs and stochs and trendlines? Oh come on mate.
How many imes can someone sell these useless ideas to people?
Its amazing. And Pathetic.
