Talking Technicals is the trading site I never miss in my daily research. They have made many good calls. My favorite is FAZ which was spot on for the current down move of the market. They not only make good picks but they always give a good assessment of the risk/reward ratio, appropriate price targets and stop loss levels. This means that if a trade goes wrong, my loss is minimal. Money management is the name of the game. Speaking of price targets, they are always conservative, not pie in the sky. Their knowledge of classical technical analysis is on a par with some of the best I have seen. Particularly, the accuracy of their support and resistance levels is uncanny. Their training section is worth the membership all by itself, but in addition, each trading video is a technical analysis lesson.
My access to the “members only” section of the
Talking Technicals website has been invaluable.
Thank you for your great analysis and best of success with your website. Sincerely, Jim Robson Owner, The Web Place
2010-04-30 19:51:25
Very thorough analysis on the market. Sound trading ideas.