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Making Daily Income in a Sideways Market

 In this video, Kody Ashmore reviews how he managed to make a daily income in a market that went completely sideways.

 

In the video above Kody…
  • Reviewed the rising wedge pattern that has confirmed a breakdown
  • Discussed the mechanics and risk profile of “drama free day trading
  • Showed how he was able to make $480 day trading when the market did absolutely nothing

Since Kody’s main goal in trading is to be able to produce a weekly income for a source of living, short-term trading has always had his attention. Kody seeks to actively pay himself weekly while managing risk.

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Intraday to Swing Trading Indicator

 Since Danielle is out this week for spring break, Allison Ostrander, Director of Risk Tolerance, will cover how she’s used her Divergent Bar indicator for short-term earnings trades. This tool has allowed Allison to take low-risk trades prior to an earnings announcement with a good probability of following through with a higher high. She’ll also … Read more

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The Monday Kickoff

Hey Traders! It’s only Tuesday, yet so much has already occurred in the market. Bank news rattled the markets last week and continued rattling them over the weekend. CPI data hit this morning, and it was in line with expectations. I view that as a positive because anything other than an inline reading could have … Read more

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The Relative Strength Winners

The indexes have been sloppy, in addition to being relatively weak. The choppiness has some benefits, though, as this choppiness has meant that squeezes are consolidating everywhere. I can’t say I recall a time in which I have seen so many squeezes across so many different indexes and sectors simultaneously. What does that mean? It … Read more

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