ARTICLE SYNOPSIS ...The X'd Trade by Joe DiNapoli What you see is not necessarily what you get. What you see for prices on your computer screen may not be what's really going on in the commodity pits. Some prices that appear on your screen may even be canceled. How's that? Here's how. Friday profits are always sweeter, a trader muses happily as he cruises down the highway after a day of trading. He smiles that self-satisfied ""great trade"" smile. Life is good, and well he should think so, because he actually caught the market one tick above the low of the move. His smile grows wider as he thinks about it. But...
ARTICLE SYNOPSIS ...Fibonacci profit objectives by Joe DiNapoli Anyone who has been involved in the market for long has probably heard about Fibonacci numbers and ratios. We know they somehow mysteriously affect the market; however, most of us resist trying to understand how they work. I resisted because I thought that Fibonacci numbers, wave analysis and related systems were very difficult concepts to learn. Eventually, my desire to better understand the market and to win bigger overcame my prejudice. I quickly discovered that applying Fibonacci techniques to the market is not very difficult, and that a trader...