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Once in awhile, it's healthy to go back to the most basic thing you ever did to achieve success. In Guy Cohen’s case that is focusing on specific setups. Of course, these days he understands that the most powerful and consistent setups must include the OVI, so a combination of both is super powerful.
Guy uses flag patterns mainly because they help him define his entry and exit points. This puts him in control of a trade right from the outset. No matter what happens from then, he still retains control over that trade.
Have you ever made trades where you felt out of control because you entered without thinking about it properly? Hopefully you don't make that mistake any more. In any case you need to watch this video to discover how you can find these setups in just a matter of seconds.
Read The Capitalist’s Take Here
CREDIT SCORES HIT RECORD HIGH AS RECESSION WOUNDS HEAL
Credit scores for U.S. consumers reached a record high this spring while the share of Americans deemed to be some of the riskiest borrowers hit a record low — a potential boon for lending and economic activity.
Consumers' improving fortunes reflect falling unemployment and continued, if lackluster, economic growth. An added benefit: The passage of time since the recession and housing meltdown are helping household balance sheets.
Read More at Fox Business Here
Read More at The Daily Caller Here
Read More at Wall Street Journal Here
BITCOIN CORRECTS 19%; SEES $4 BILLION WIPED OFF VALUE OF CRYPTOCURRENCY
Nearly $4 billion has been wiped off of the value of bitcoin in the past four days after a correction that has seen the cryptocurrency's price fall almost 19 percent from its recent record high.
On May 24, bitcoin hit an all-time high of $2.791.69. But on Monday, the digital currency was trading at an intra-day high of $2,267.73, marking a more than $520 drop or 18.7 percent decline since the record high, according to data from CoinDesk.
Read More at CNBC Here
Read More at RT Here
Read More at Daily Forex Here
Closing Bell
– Friday, May 26th
Markets Close Flat in in Quiet Pre-Holiday Session
Big Insider Trades
– The Children’s Place, Inc. (PLCE) COO Michael Scarpa Sells $4m
– Continental Resources, Inc. (CLR) CEO Harold Hamm Buys $1.5m
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