Rally

Wednesday, October 6, 2010

Rally

As you can see from our chart, this rally is showing no signs of weakness. We broke through SPX resistance levels of 1150 and 1160. What do we do now? 1170 looks to be the next stop but we just trade what we see and not what we think. The play for now is still to the long side. Any close below 114.50 would change our mind. There has been a lot of great trades out there and our members have caught them with ease. Good trading today.

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Reading Our Charts

Rampage Trading charts are the result of enormous research and development efforts focused on profitability and simplicity. Despite the visual simplicity of the charts, they are built on complex, proprietary mathematical algorithms. Rampage Trading charts could not be simpler — Buy on Blue arrows, Sell on Red arrows. When the market changes to or stays in an up-trend, the bars become or remain Blue. When the market changes to or stays in a downtrend, the bars become Red. Each signal is also confirmed with our proprietary trend algorithm represented by the Blue and Red colored dots above or below price. If the trend algorithm is Blue in color and a buy signal materializes, higher prices are warranted. If the trend algorithm is Red in color and a sell (short) signal materializes, lower prices are warranted. The proprietary mathematical formulas and algorithms are based specifically on real time or end of day data and do not employ ANY conventional technical indicators. The formulas are calculated using the most accurate and reliable indicator – PRICE ACTION.

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Trading futures and forex involves substantial risk and may not be suitable for all investors. Past performance is not necessarily indicative of future results. These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. The testimonial may not be representative of the experience of other clients and the testimonial is no guarantee of future performance or success. All information provided is for educational purposes only. Rampage Trading is not an investment advisory service or a registered investment adviser or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. We may hold positions in the stocks, currencies or market instruments discussed here. Rampage Trading's software, seminars, webinars, chart examples, videos, mentoring, emails you receive from Rampage Trading, and all content on this website are provided for informational and educational purposes only and should not be construed as investment advice. Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, commodities and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks, commodities or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of present or future results. Trading forex involves substantial risk of loss. Trading forex is not appropriate for everyone. Only risk capital should be used to trade. No implication or representation is being made that utilizing the technology will guarantee trading profits or guarantee freedom from risk of loss.You understand and acknowledge that there is a high degree of risk involved in trading securities and/or currencies. Rampage Trading assumes no responsibility or liability for your trading and investment results and you agree not to hold the company liable for any monetary loss and/or damages of any kind. There is a high degree of risk in trading and you should always consult a qualified adviser about the suitability of any investment. It should not be assumed that the information presented will be profitable or that it will not result in losses. All information including performance reports and charts are based upon simulated trading and do not include slippage or commission unless otherwise stated. Care has been taken in the preparation of the information. However, we do not make any representations or warranties as to the accuracy of the information provided. Information and products provided by Rampage Trading rely on data from third party sources which may or may not be accurate and no guarantee is given to the accuracy or completeness of the data used or information provided. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. Please note that there are additional limitations when attempting to simulate the performance of a trading system which includes short trades due to various short trading regulations and hard/impossible to borrow stocks which cannot be incorporated into the simulated performance. There is a high degree of risk in trading, and short trading can carry additional risk, so you should always consult a qualified adviser about the suitability of any investment. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

Rampage Trading - Wall Street's Best Kept Secret

Wednesday, October 6, 2010

Rally

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Rampage Trading - Wall Street's Best Kept Secret

Wednesday, October 6, 2010

Rally

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Reading Our Charts

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