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Wednesday, March 18, 2015

Launch 3XTraders 2.0

Welcome back Traders,

It's time to dust-off this blog, and get y'all up to speed, and there's no better time than now!

There just hasn't been much to get excited about - marketwise - until now, but there are a couple more good reasons for my hiatus:

For those who don't know it, I used to have a private membership website, with a few loyal members, but it turned out to be more distraction than it was worth, and charging folks even a small fee to trade into a market bubble just wouldn't be right.

Closing the website was one of the best decisions I have ever made. because it has allowed me to hone my skills, with few distractions.

I also relocated a little over a year ago, and moving is disruptive, and it has taken some time to settle in and get adjusted. After I moved I attempted to re-launch this blog, but I found I was better off tweeting, and charting.

Twitter is the best place to exchange up to the minute information, and even blow off steam, when there's nothing better to do. If you don't have twitter; create an account, and follow my twitter [link] for the most up-to-date information. There are going to be times when we need to get more in-depth, and that's what this place is for. I'll direct you here, when I feel the need, and have the time, to blog, otherwise you can find me tracking the market in real time, on Twitter. Market forecasts often change in real time!

Feel free to ask questions here, rather than on Twitter, because distractions aren't helpful. There are times I look at opposing views, but usually it's only as a contrarian indicator. For that reason I seldom check twitter notifications during the trading day, and have been known to block people in the past. I understand, there are times, when it's hard separate your emotions from the trade, and I'm not always going to be right, but lots of opposing views are a distraction. 

In future blogs I plan to show you some of the most important market indicators, and techniques, I look at, to predict market movements, some of which - like the $VIX (our fear indicator) - you should be watching in real time, so you understand what I'm looking at, or why or I hold a certain market view.

More to follow,

Anthony Allyn

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