Markets climb after long weekend

After a long weekend, markets can be a bit unpredictable. But positive news from the U.S. Economic front helped investor confidence and sent all three major indexes soaring higher on Monday. The U.S. hired more folks than expected in March, a sure sign that things are headed in the right direction! Want to see the most entertaining trading video ever recorded, probably? Look no further than right here Rob's been thinking about how he can make things easier, more accessible, and more fun for all of our traders. And this brand new club is his solution. Check it out Why Trade Broken Stocks Trading broken stocks can be rewarding. But it can be tricky, and a bit conflicting, too. Rob's made a career out of it, and he recorded a short video over the summer to explain why it works so well for him. Watch it here Let's talk about a really simple reality of candlestick trading: If you see a pattern setting up in the market, and then you see a big candle that breaks that pattern, it's a pretty strong sign that there's a new pattern (which follows that candle) emerging. Look at this example: You see, on the left, highlighted in red, is what we call a channel. The market has compressed into a tight, sideways pattern that usually means money is consolidating and preparing for another strong move. But we need to wait for a signal to know what that move is. In this case, that big, green candle with the green arrow pointing to it is that signal. It's a "green light," so to speak, that a new bullish move is coming. And even though the next two candles are technically bearish, you still see that the move happens and there's a significant jump upward over the next week or so. That one green candle is all we needed to see that pattern come to fruition. I talk about this specific example and a lot of others in my Candlestick Class, which is totally free. Check it out if you want to learn more! Happy Monday! Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. You may lose more than you invest. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. The information on this website is intended as educational in nature and we do not recommend that you buy or sell any specific financial instrument. Daily Profit Publishing , 1800 Hughes Landing Blvd. Ste. 200, The Woodlands, TX 77380, United States Update your subscription — Unsubscribe