29. How to Trade Spinning Tops and Doji Candlestick Patterns
Produced By: InformedTrades on 27 Dec 2007
Category: Creating Wealth
Description: http://www.informedtrades.com/ A (more...) lesson on how to trade the Spinning top and Doji Candle Stick Chart Patterns for traders of the stock, futures, and forex markets. In our last lesson we learned how different candlestick formations can tell us different things about whether the buyers or the sellers won out in a particular time period. In today's lesson we are going to look at some of the basic candlestick patterns and what they mean when looked at in the context of recent price action in the market. The Spinning Top Add A picture When a candlestick with a short body in the middle of two long wicks forms in the market this is indicative of a situation where neither the buyers nor the sellers have won for that time period as the market has closed relatively unchanged from where it opened. The upper and lower long wicks however tell us that both the buyers and the sellers had the upper hand at some point during the time period the candle represents. When you see this type of candlestick form after a runup or run down in the market it can be an indication of a pending reversal as the indescision in the market is representative of the buyers loosing momentum when this occurs after an uptrend and the sellers loosing momentum after a downtrend. The Doji Like the Spinning Top the Doji Represents indecision in the market but is normally considered a stronger signal because unlike the spinning top the open and the close that form the Doji Candle are at the same level. If a Doji forms in sideways market action this is not significant as the sideways market action is already indicative of indecision in the market. If the Doji forms in an uptrend or downtrend this is normally seen as significant as this is a signal that the buyers are loosing conviction when formed in an uptrend and a signal that sellers are loosing conviction if seen in a downtrend. Most traders will place greater significance on the Doji when it forms in a market that is in overbought or oversold territory. The Bullish Engulfing Pattern The Bullish Engulfing pattern is another candlestick formation which represents a potential reversal in the market when seen in a downtrend. The pattern is made up of a white and black candle where the latest candle (the white candle) opens lower than the previous candle's (the black candle) close and closes higher than the previous candle's open. When this happens the current period's white candle completely engulfs the previous period's black candle. When thinking about this from a buyer/seller perspective, you can understand that the long body of the current candle engulfing completely the body of the previous candle to the upside is representative that the buyers have not only taken control but have taken control with force. When this white engulfing candle occurs after a small black candle the formation is given even more significance as the small black candle is already indicative of a trend that is running low on steam. The Bullish Engulfing Pattern The same things apply when the pattern forms in an uptrend simply in reverse as shown in the image above. That completes our lesson for today. In our next lesson we are going to look at several more candlestick formation and how traders use these in their trading so we hope to see you in that lesson. As always if you have any questions or comments please feel free to leave them in the comments section below, and have a great day! (less)

Business Tips - Should We Roll Back MA Income Taxes?
Added on: 11 Oct 2007
Category: Taxes
Description: Learn about Roll Back MA Income Taxes in (more...) this video. For more info, visit http:///www.superlativesolution.com/Podcasts.htm (less)

Manually Uploading WordPress | Tutorial #6
Produced By: ocollier on 19 Mar 2008
Category: Creating Wealth
Description: http://www.otisteaches.com/tutorials/manually-uploading-wordpress-tutorial-6/ Now (more...) that you have downloaded and installed FileZilla to your computer, we are now ready to use FileZilla to upload our WordPress files to our free hosting account. In this video, you will learn where to get your ftp login details and how to use them with your FileZilla ftp client. Otis Collier Personal Success Coach (less)

Multi-Level Marketing? (1/2)
Produced By: moneytalks on 02 May 2008
Category: Creating Wealth
Description: If you've ever been recruited by a (more...) friend or co-worker to sell Amway, Avon or any number of other products, you've had a brush with network marketing. But is it for you? (Part 1 of 2) (less)

Is Premium Gas Worth Premium Price?
Produced By: moneytalks on 18 Jun 2007
Category: Savings & Retirement
Description: In these days of soaring gas prices, you (more...) may be tempted to switch from premium to regular gas. A good way to save money, or something penny-wise but pound foolish? Money reporter Stacy Johnson files this premium report. (less)

Bleeping Unwanted Words with Audacity
Produced By: GhostLegMedia on 11 Aug 2008
Category: Small Business
Description: http://www.ghostleg.com/blog/ You can (more...) quickly and easily bleep out unwanted words in an interview without further editing using Audacity (less)

How to Make A Teleprompter
Produced By: ocollier on 28 Jan 2008
Category: Creating Wealth
Description: http://www.otiscollier.com The software (more...) is called Ultra Prompter and it's freeware. Just run a search on Google. We made our own teleprompter! Guys, this video is awesome. I went over to my best friend's house, Sequester McKinney and he showed me his home-made desktop teleprompter. Quest has been telling me that I had to come over and see it in action. And boy am I glad I did. You can actually use a flat screen monitor or use your laptop to achieve the same effect. How To Make A Teleprompter (less)

30. How to Trade the Bullish/Bearish Engulfing Candlesticks
Produced By: InformedTrades on 27 Dec 2007
Category: Creating Wealth
Description: http://www.informedtrades.com/ A (more...) lesson on how to trade the Bullish and Bearish Engulfing Candlestick Chart Patterns for active traders and investors using technical analysis in the stock, futures, and forex markets. (less)

Construction - Information about Construction Claim
Added on: 11 Oct 2007
Category: Wills & Trusts
Description: Learn about Construction Claim in this (more...) video. (less)

Business Tips - The South Shore Chamber of Commerce
Added on: 11 Oct 2007
Category: Small Business
Description: Learn the benefits of joining the (more...) largest chamber of commerce in Massachusetts in this video. (less)

Business Tips - Income Tax Reform
Added on: 11 Oct 2007
Category: Taxes
Description: Learn about Income Tax Reform in this (more...) video. For more info, visit http:///www.superlativesolution.com/Podcasts.htm (less)

Roth or Regular? 401k Plans...
Produced By: moneytalks on 11 Feb 2008
Category: Savings & Retirement
Description: If you put money in any retirement (more...) accounts, you probably have a choice between traditional and Roth: Traditional plans give you deductions now...a Roth offers tax-free money when you retire. But which is best? That's the question tackled in this report by money reporter Stacy Johnson for his special series, 'The Bottom Line.' (less)

Business Tips - how to benefit from PR and marketing
Added on: 02 Oct 2007
Category: Small Business
Description: Learn how to benefit from both PR and (more...) marketing in this video. (less)

How to Trade the E-mini futures the ES Part 2
Produced By: DayTraderRockStar on 27 Oct 2008
Category: Investing
Description: How DaytraderRockStar trades the ES mini (more...) futures (less)

Business Tips - An Inside Look at the Red Sox Management
Added on: 02 Oct 2007
Category: Small Business
Description: Learn how to have an Inside Look at the (more...) Red Sox Management in this video. For more info, visit http://www.superlativesolution.com/SethMnookin1.htm (less)

20. How to Trade the MACD Indicator Like a Pro Part 1
Produced By: InformedTrades on 16 Dec 2007
Category: Creating Wealth
Description: http://www.informedtrades.com/ A (more...) lesson on how to trade the Moving Average Convergence Divergence (MACD) in the stock, futures, and forex markets. The indicator, which was developed by Gerald Appel, is constructed by taking a 12 period exponential moving average of a financial instrument and subtracting its 26 period exponential moving average. The resulting line is then plotted below the price chart and fluctuates above and below a center line which is placed at value zero. A 9 period EMA of the MACD line is normally plotted along with the MACD line and used as a signal of potential trading opportunities in the stock, futures and forex markets. When the MACD line is above zero this tells the trader that the 12 period exponential moving average is trading above the 26 period exponential moving averages. When the MACD line is below zero this tells the trader that the 12 period exponential moving average is below the 26 period exponential moving average. Traders will watch the MACD line as when it is above zero and rising this is a sign that the positive gap between the 12 and 26 EMA's is widening, a sign of increasing bullish momentum in the financial instrument they are analyzing. Conversely when the MACD line is below zero and falling this represents a widening in the negative gap between the 12 and 26 day EMA's, a sign of increasing bearish momentum in the financial instrument they are analyzing. The purpose of the 9 period exponential moving average line is to further confirm bullish changes in momentum when the MACD crosses above this line and bearish changes in momentum when the MACD crosses below this line. Example of the Signal Line Lastly many traders and charting packages will plot a histogram along with the MACD which is representative of the distance between the MACD and its signal line. When the MACD histogram is above zero (the MACD line is above the signal line) this is an indication that positive momentum is increasing. Conversely when the MACD histogram is below zero this is an indication that negative momentum is increasing. When the MACD histogram is above zero (the MACD line is above the signal line) this is an indication that positive momentum is increasing. Conversely when the MACD histogram is below zero this is an indication that negative momentum is increasing. The higher or lower the histogram goes above or below zero the greater the momentum of the trend is thought to be. That completes this lesson. You should now have a good understanding of the different components that make up the MACD indicator. In our next lesson we are going to go over some of the different ways that traders use the MACD in their trading so we hope to see you in that lesson. As always if you have any questions or comments please leave them in the comments section below, and have a great day! (less)

41. How to Use the Average True Range (ATR) To Set Stops
Produced By: InformedTrades on 11 Jan 2008
Category: Creating Wealth
Description: http://www.informedtrades.com/ A lesson (more...) on how to include volatility in setting for traders of the stock, futures, and forex markets. In our last lesson we looked at determining how much you are willing to risk on any one trade as the first step in developing a successful money management strategy. Now that we have established this, in today's lesson we are going to look at some of the different ways that you can then set your stop, which fit within this initial criteria. As we learned in last lesson, risking more than 2% of total trading capital on any one trade is a major reason for the high failure rate of most traders. Does this mean that when setting a stop we should simply figure out how many points away from our entry represents 2% of our account balance and set the stop there? Well, traders could obviously do this and to be honest it would probably be a lot better than most of the other money management strategies I have seen, but there better ways. Although many traders will look at other things in conjunction, having an idea of the historical volatility of the instrument you are trading is always a good idea when thinking about your stop loss level. If for instance you are trading a $100 stock which moves $5 vs. a $100 stock that moves $1 a day on average, then this is going to tell you something about where you should place your stop. As it is probably already clear here, all else being equal, if you put a stop $5 away on both stocks, you are going to be much more likely to be stopped out on the stock which moves on average $5 a day than you are with the stock that moves on average $1 a day. While I have seen successful traders who get to know a list of the things they are trading well enough to have a good idea of what their average daily ranges are, many traders will instead use an indicator which was designed to give an overview of this, which is known as the Average True Range (ATR) Developed by J. Welles Wilder the ATR is designed to give traders a feel for what the historical volatility is for an instrument, or very simply how much it moves. Financial instruments that exhibit high volatility move a lot, and traders can there fore make or lose a lot of money in a short period of time. Conversely, financial instruments with low volatility move a relatively small amount so it takes longer to make or lose money in them all else being equal. As with many of the other indicators we have studied in previous lessons, Wilder uses a moving average to smooth out the True Range numbers. When plotted on a graph it looks as follows: What you are basically seeing here is a representation of the daily movement of the EUR/USD. As you can see when the candles are longer (which represents large trading ranges and volatility) the ATR moves up and when the candles are smaller (representing smaller trading ranges and volatility) it moves down. So with this in mind, the most basic way that traders use the ATR in setting their stops is to place their stop a set number of ATR's away from their entry price so they have less of a chance of being knocked out of the market by 'market noise'. That's our lesson for today. In tomorrow's lesson we are going to look at how you can use volatility based stops in conjunction with another method traders use for setting stops based on technical levels so we hope to see you in that lesson. As always if you have any questions or comments please leave them in the comments section below so we can all learn together and good luck with your trading! (less)

Business Tips - An Inside Look at the Boston Red Sox Players
Added on: 11 Oct 2007
Category: Small Business
Description: Learn how to have an Inside Look at the (more...) Boston Red Sox Players in this video. (less)

Updating WordPress Themes | Tutorial #9
Produced By: ocollier on 19 Mar 2008
Category: Creating Wealth
Description: http://www.otisteaches.com/tutorials/updating-wordpress-themes-tutorial-9/ Congratulations! (more...) Your WordPress blog is up and running. But wait... it looks ugly as heck doesn't it?!!! So what can we do to drastically improve the look and feel of our blog so that it appears professional? Well we can update our theme. Fundamentally, the WordPress Theme system is a way to 'skin' your weblog. Yet, it is more than just a 'skin.' Skinning your site implies that only the design is changed. WordPress Themes can provide much more control over the look and presentation of the material on your website.More... A WordPress Theme is a collection of files that work together to produce a graphical interface with an underlying unifying design for a weblog. These files are called template files. A theme modifies the way the site is displayed, without modifying the underlying software. Otis Collier Personal Success Coach (less)

Connect MySQL to WordPress | Tutorial #7
Produced By: ocollier on 19 Mar 2008
Category: Creating Wealth
Description: http://www.otisteaches.com/tutorials/connect-mysql-to-wordpress-tutorial-7/ We (more...) are almost finished. Our next step is to create a MySQL database and then connect it to your WordPress files. I know that probably sounds challenging. You are probably saying to yourself, 'Create a database? I don't know the first thing about creating a database. That sounds difficult.' Let me ask you three questions:More... 1. Do you trust me? 2. Haven't the videos up to this point been easy to follow and understand? 3. Then why do you think this task will be any different? Creating a MySQL database will be one of the easiest tasks in this entire series. Once you have completed this task, there should be nothing else standing in your way from completing everything else. It's down hill from here. Otis Collier Personal Success Coach (less)

Home Energy Audits
Produced By: moneytalks on 14 May 2008
Category: Savings & Retirement
Description: Free energy audits from your utility (more...) company are a popular way to save up to 30% on your energy bill... but you can always do it yourself! (less)

36. Two Trading Mistakes Which Will Distroy Your Account
Produced By: InformedTrades on 04 Jan 2008
Category: Creating Wealth
Description: http://www.informedtrades.com/ A (more...) lesson on two of the most common mistakes that traders make when trading the stock, futures and forex markets. One of the most common mistakes is sticking in a trade where you know you are right in your analysis, but the market continues to move against you. As the famous economist John Maynard Keynes once said: 'The markets can remain irrational longer than you can remain solvent' Perhaps one of the best examples of this are those who shorted the NASDAQ into the runup in 1999 and early 2000. At the time it was pretty obvious that from a value standpoint NASDAQ stocks were way overvalued and that people's expectations for growth that they were buying on were way out of line with reality. There were many great traders at the time who recognized this and began shorting the NASDAQ starting in late 99. As you can see from the below chart and the huge sell off that ensued after the peak in 2000, these traders were right in their analysis. Unfortunately for many of them however stocks continued to run up dramatically from already overvalued points in late 99 wiping out many of these traders who would eventually be proved correct. So as we learned about in last lesson, people's strong desire to be right will often times keep them in trades that they should have moved on from even though the market may eventually prove them correct. For those traders who are able to initially move on from trades where they feel they are correct but the market moves against them, another common theme which arises is for a trader to initially stick to his plan, but after being proved correct and missing out on gains he becomes frustrated and deviates from his plan so that he will not miss out on another profitable opportunity. One place of many where I have seen this time and time again is when watching traders who trade reversals at support or resistance levels. Many times when the market touches a support or resistance level it will have a brief spike upwards or downwards which hits the stops of a trader looking to profit from the reversal, taking him out of the market just as it turns in his favor. Because many traders think a like, often times the level at which the trader is taken out of the market is right at his stop level as well. After this happens once or twice to a trader he will then stop placing hard stops in the market and instead convince himself that he will manage the trade if it moves against him. This may work a few times for the trader giving him more confidence in the strategy until the market does finally break. As we have learned about in previous lessons often times when the market breaks significant support or resistance levels it will break violently to the point where the trader in the above situation is quickly down a large amount on his trade. Typically what will happen at this point is instead of taking the big loss, learning his lesson, and moving on the trader will remain in the position or worse add to it with the hopes that the market will turn back in his favor. If the trader gets lucky and the market does turn back in his favor this only goes to support this bad habit which will eventually knock him out of the market. Successful traders realize that situations such as the above occur constantly in the market and that one of the main things that separates successful traders from unsuccessful ones is their ability to accept this, stick to their strategy, accept that loosing trades are a part of trading, and move onto the next trade when the market does not move in their favor. That's our lesson for today. In our next lesson we are going to look at another major part of trading psychology which is related to not wanting to take losses which is people's desire to follow the crowd. As always if you have any questions or comments please post them in the comments section below so we can all learn to trade together, and good luck with your trading! (less)

Subprime US Banking Financial Crisis Explained Simply Part 2
Produced By: InformedTrades on 04 Dec 2007
Category: Creating Wealth
Description: http://www.informedtrades.com/ The (more...) 2nd lesson in a 3 part series examining the sub prime mortgage US Banking crisis and how this has affected the economy and different financial institutions around the world. (less)

31. How to Trade the Hammer Hanging Man Candlesticks
Produced By: InformedTrades on 28 Dec 2007
Category: Creating Wealth
Description: http://www.informedtrades.com/ A (more...) lesson on how to trade the Hammer and Hanging Man Candlestick Chart Patterns for active traders and investors in the forex, futures, and stock markets. Like the Spinning Top and Doji which we have studied in previous lessons, the Hammer candlestick pattern is made up of one candle. The candle looks like a hammer as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick. In order for a candle to be a valid hammer most traders say the lower wick must be two times greater than the size of the body potion of the candle, and the body of the candle must be at the upper end of the trading range. When you see the Hammer form in a downtrend this is a sign of a potential reversal in the market as the long lower wick represents a period of trading where the sellers were initially in control but the buyers were able to reverse that control and drive prices back up to close near the high for the day, thus the short body at the top of the candle. After seeing this pattern form in the market most traders will wait for the next period to open higher than the close of the previous period to confirm that the buyers are actually in control. Two additional things that traders will look for to place more significance on the pattern are a long lower wick and an increase in volume for the time period that formed the hammer. Chart Example The Hanging Man Picture The Hanging Man is basically the same thing as Hammer formation but instead of being found in a downtrend it is found in an uptrend. Like the Hammer pattern, the Hanging man has a small body near the top of the trading range, little or no upper wick, and a lower wick that is at least two times as big as the body of the candle. Unlike the Hammer however the selling pressure that forms the lower wick in the Hanging Man is seen as a potential sign of more selling pressure to come, even though the candle closed in the upper end of its range. While the lower wick of the Hammer represents selling pressure as well, this is to be expected in a downtrend. When seen in an uptrend however selling pressure is a warning sign of potential more selling pressure to come and thus the categorization of the Hanging Man as a bearish reversal pattern. As with the Hammer and as with most one candle patterns most traders will wait for confirmation that selling pressure has in fact taken hold by watching for a lower open on the next candle. Traders will also place additional significance on the pattern when there is an increase in volume during the period the Hanging Man forms as well as when there is a longer wick. Chart Example That completes our lesson for today. In our next lesson we will look at two additional reversal patterns which are known as the Inverted Hammer and The Shooting Start Candlestick Patterns so we hope to see you in that lesson. As always if you have any questions or comments please leave them in the comments section below, and good luck with your trading! (less)

Taxes: Do You Have to File?
Produced By: moneytalks on 18 Feb 2008
Category: Taxes
Description: Don't you hate filing taxes? Well, (more...) millions of people don't even have to file a return. But if you think that sounds lucky, you might want to think again. (less)