Blog Title: Trembling Hand Trader

3950. Line in the sand

It looks like the Bears, or at least 1 big bear, has decided that 3950 is enough for this run. It has been defended twice with some serious volume two days in a row. Will be watching for a roll...

Stronger for longer?

So we made a new high yesterday and will push up a bit higher today on the open. Well who woulda thought? Not the media Muppet's that's for sure, nor the yesterdays news crowd which have been busily stocking up...

First things first

So here is the first good sign since about October 07. I've got the last highs marked on the XJO at 3818 and an eye on the sub-indexes as well as the big caps. They have a chance next week...

That was your chance Junior.

All the way back in fairy land when the world was a happy and wonderful place where you could just bend over and pick $100 notes off the ground I started to call for the end of the Bull market....

Wasting time learning more??

Here's another great post from Brett Steenbarger, The Power of a Single Premise Consider what your trading development would be like if you accepted the simple premise that, in some measure and on some occasions, you are already the trader...

F'in Discipline

If you are going to send me an email don't in any way put this word in any part of the email, DISCIPLINE Its banned until further notice. Answer me this, You & your partner are captured by Somali pirates....

Quieter times?

Is the market changing? As you can see from the chart of the Australian XAO the weekly range started to go nuts at the end of 07 and made some truly extraordinary moves through 08. But what can we expect...

The funniest Google street view picture

I haven't posted for a while and this has nothing to do with trading but it is very funny. In fact is this the funniest Google street view you have ever seen? I was at a friends house (Dow street,...

Where have I gone??

As you will have noticed things have been a little slow around here in the last couple of months and I have had contacts from readers, fans and critics enquiring about my whereabouts. No I haven't blown up or given...

Tail wagging the dog

Did you see the Asian and US futures jump and follow the action on the ASX after the Reserve Bank made the biggest rate cut since 92. What a joke hey? We all know its going to happen sooner or...

Positive divergence.... Can you believe it??

Have a look at this. With bank and other financials imploding all over Europe and the US guess what is happening in the little Aussie market. The Banks (and other fins) are showing the first signs of positive divergence. They...

Russell Crowe saves the US

Russell Crowe, what a spanker!! He has come up with a plan to rescue the US from the credit crunch during a US TV talk show appearance, "I was thinking," Crowe said. "If they want to stimulate the economy and...

Dangerous Fools

The world is truly going fuckin' mad. Have a look at Bloomberg. U.S. lawmakers may seek to include commodity speculation limits in legislation designed to rescue banks from bad mortgage investments after a squeeze in oil trading sent crude to...

Important announcement

Just released, " Due to the excessive loses of Mum & Pops "Investing" accounts the ASX will no longer trade. All share holdings will be converted to the Australian Government Future Fund and be replaced with a guaranteed return of...

Can they add up??????

What the hell is going on? Have a look at the covered short sell list here and please explain to me the point in stopping this. Why remove a necessary market function that is obviously of such small proportions that...

Something Light.

Back into trading after being away for a month snowboarding in NZ. Here's something a little light to start things off.

A great FX trade

This has been my best Forex trade for some time. Playing the AUD against the NZD.

THT Day Trading Course Part 2

So last post was the bullshit that will be ignored because if you noticed it was saying that day trading is about taking small gains not swinging for home runs with all your account on the line each time. And...