FNG style of monetization

I think it's humourous to see other traders, plaster their blogs and web sites with advertising promoting the lastest tool to make ( them) money or become coporate shills and prostitute themselves for a few bucks.  Can't they make enough trading? The world needs less adverstising  and more personal action in my opinion.

And so here is my style of using this blog to "monetize". Click on the links or find something else locally that will offer payback of a different sort to you. Doing something good and getting involved in worthwhile causes brings humility to a person. That is tonic for the soul.

http://www.freethechildren.com/

http://www.percyschmeiser.com/

http://wwf.org/

http://doctorswithoutborders.org/

http://www.greenpeace.org/international/

Part 2 of the fake out

The markets were giving some good opportunities all day.  SKF FAZ SRS all closed  near high of day after the fake outs.

Make out on the fake out.

Market fake outs are excellent places to add size to winning trades. At this moment in time the markets are showing a big reversal candle.  Well don't take the bait, instead keep an eye on the clock and right before a new candle appears, add some more size instead.  If the trade goes against you, then your risk is virtually what it was in the first place. If it works you'll be ahead before the crowd.

The reason for not taking the bait was the low volume on that big candle. That says to me  there is not a lot of conviction and the the original trend will appear again, if only for a while Check it out...

1st chart shows S&P and QQQQ pop but low volume

The following charts look identical,FAZ

SKF

SRS