As traders we should understand and practice good Money Management techniques. These are not only essential to our trading success but also ensure longevity within our chosen career. Quite often we find traders who are caught up in their success and start to change the lot sizes of their particular trades and find themselves outside the scope of their Trading Plan.

10yr Notes - 5/21/2012

The JS Services' Price Map is a series of support and resistance levels that are qualified and weighted into a powerful trading tool. The system incorporates an array of technical studies, drawing from both classical and proprietary analytical techniques, into a risk management tool that pinpoints shifts in market momentum for trade entry and exit. The Price Map is designed for the current trading session.

Preview this week's market with the Monday report: 10yr Notes - 5/21/2012
For each days report, be sure to read the full article every day.

The trifecta of option greeks are delta, theta and vega. But the next most important greek is gamma. Options gamma is a one of the so-called second-order options greeks. It is, if you will, a derivative of a derivative. Specifically, it is the rate of change of an option's delta relative to a change in the underlying security.

What is leverage?

This of leverage as a loan that you can instantly qualify for. No credit checks or proof of employment. Simply open up a Forex account with a broker and bang…you can now control more money than you actually have. I am sure that any of you that have looked at making money through real estate or other investments have heard the term "OPM" which means, other people's money. Stated simply, you are using other people's money to advance your wealth efforts.

Will the S&P 500 find support at these levels and move higher, or is the market prepping for a major retracement?

The AlphaWaveTrader method is capable of trading on any market and on any timeframe. This freedom does however cause a problem to some traders who are unsure of which timeframe to choose. Their answer lies predominantly in being able to identify what their trading style is and how many hours they wish to dedicate to trading. They may also have differing tolerances to risk or constraints imposed upon them within their daily life. There are considered to be four main timeframes that a trader may opt to trade within and these are detailed as follows:

Australian Dollar - 5/14/2012

The JS Services' Price Map is a series of support and resistance levels that are qualified and weighted into a powerful trading tool. The system incorporates an array of technical studies, drawing from both classical and proprietary analytical techniques, into a risk management tool that pinpoints shifts in market momentum for trade entry and exit. The Price Map is designed for the current trading session.

Preview this week's market with the Monday report: Australian Dollar - 5/14/2012
For each days report, be sure to read the full article every day.

June Crude Oil: Crude oil held steady above its 200-Day Moving Average on Thursday though did back off its best levels at 9769, another indication the Bull threat lacks conviction. Prices ended the day with a modest gain of 27 cents, closing price 9708.

Below is a current daily chart of the June Gold contract, GC. Let's take a few minutes and step through the trendlines on this chart so that we can be sure we're looking at the same thing.

As a trader, there are a few ways you can enter a trade and which one you use can actually make a difference in the outcome of a trade. Certain orders, depending on when used, can cause your position to suffer from slippage. This essentially means that your order will get filled at a price different than what you expected. For the most part though, retail Forex traders don't suffer too much from this unless they trade around news releases. For the most part, the slippage is small, if any, in normal market conditions. It really all depends on what happens between pressing the order button and the order getting filled.