Category Archives for Sami Abusaad
What Today’s Gap Says About the Next 3-5 Days
Ryan Tonking | Black Room LessonsVolatility is back in the market. With today’s gap we have a clear picture to help us prepare for the next 3-5 days. Today’s video will discuss how we can use follow to put us on the right side for the next couple of days.
Continue Reading -->Why I Think the Market Topped, and the Psychology Behind It
Sami Abusaad | Black Room LessonsToday’s video is about market tops and bottoms, how they form, and the psychology behind them. We go over the chart of the QQQ/SPY and use common sense to analyze the current market conditions.
Continue Reading -->When ‘Surprise’ News Makes You Money Trading
Sami Abusaad | Black Room LessonsToday’s video is about news and trading. In general, unexpected news goes along the line of least resistance. And this is another advantage to trading with the trend. News will tend to work in your favor rather than against you!
Continue Reading -->Sami’s Swing Trade Game Plan: October 8-12
Sami Abusaad | Strategic Swing TraderToday’s video provides an analysis of the current market as well as a review of swing ideas for the week of October 8 – 12.
Continue Reading -->Why I Thought the Market Would Drop Part II
Ryan Tonking | Black Room Lessons2 days in a row we get a trend day signal, 2 days in a row we get nice follow through. If you missed out on yesterday’s trend day, after the previous video you should of caught todays.
Continue Reading -->Is This the Top in the Market? Part II
Sami Abusaad | Black Room LessonsToday’s video is a follow up to yesterday’s video about the the current market environment and how to prepare for the market going forward.
Continue Reading -->Why I Thought the Market Would Drop
Ryan Tonking | Black Room LessonsI often get asked about my trend day signal. Today we got that signal early this morning and the market followed through nicely. We’ll talk about the simple mechanics of how this signal works and how you can use it to your advantage.
Continue Reading -->Is This the Top in the Market? My Thoughts…
Sami Abusaad | Black Room LessonsIs This The Top In The Market? Today’s video is a discussion of the current market environment. We also discuss how the market topped in 2007 and bottomed in 2009.
Continue Reading -->My Swing Trade Game Plan for This Week (Oct. 1 – 5)
Sami Abusaad | Black Room LessonsGet Sami Abusaad’s Swing Trade Game Plan for October 1 – 5.Sami goes over his outlook on QQQ, and then he breaks down the swing trades he’s targeting this week.
Continue Reading -->How to Use the 200 Day Moving Average
Sami Abusaad | Black Room LessonsThe 200ma is the granddaddy of all moving averages. As such, stocks that gap just above the (flat) 200ma, regardless of the quality of the gap, generally get bought.Gaps below a 200ma usually get sold. Similarly, a multi bar drop into a 200ma often stops the stock dead in its tracks. One other thing to remember is that while the 20ma is most powerful when it’s trending, the 200ma is most powerful when it’s flat.
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