BTU making a cup and handle pattern with the last pullback. It showed good strength the past days and I expect it to go up and break the recent high, possibly above 3.00. Energy sector conditions will be critical for this setup. CLF another energy play. It's flagging above the recent breakout area and seems likely to continue upward. NES, another flag setup. It hasn't close green yet, but when it does I expect it...
I've been reading many trading books this year and I thought that it would be a good idea to create a series of post about the most important lessons that I learned from those books and share it with other traders. I will begin with one of the trading literature classics: Reminiscences of a Stock Operator by Edwin Lefevre. This book relates the story of legendary trader Jesse Livermore during the early 1900's. Lessons: Trading...
