Author Archives: Nickolas Pirraglia

About Nickolas Pirraglia

Nick Pirraglia started his career in trading in 1991 after returning to the US as an Army Officer deployed in Iraq. He began as a bond broker and worked his way into trading. Expert mentoring, hard work and a disciplined approach to the markets has allowed Nick the ability to maintain a very successful career in Capital Markets and Trading for over 20 years as a professional OTC Market Maker and independent trader. Nick has also managed the trading desks for a two Dallas based capital management companies and traded equities for a Dallas based hedge fund. Nick has trained and mentored thousands of customers in the rigors of trading, technical analysis and risk controls. Recently, Nick had broadened his market experience through the design and product management of two automated trading platforms. He has the pleasure of working with some of the brightest minds in the trading community and has collaborated with experts in data, design, engineering and trading psychology. An avid long distance runner, Nick completed several marathon events, qualified for the Boston marathon, completed several long distance Triathlons to include finishing a full Ironman triathlon.

What if the VIX fails to move lower?

Divergence in the $VIX can mean ? I usually don’t do much analysis in regard to the daily moves of the VIX (volatility index) when compared to the SP 500 ($SPX). Everyone seems to use it incorrectly so I stay … Continue reading

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TOP 10 FOREX EVENTS OUTLOOK: JUL. 15–19

Guest Post By: All Things Forex Published July 14, 2013, in Forex Outlook Jul. 14, 2013 (Allthingsforex.com) – Two testimonies on Capitol Hill by the Fed Chairman Ben Bernanke will come to the forefront of the market’s attention in the week ahead … Continue reading

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TOP 10 FOREX EVENTS OUTLOOK: JUL. 8-12

Guest Post By: All Things Forex Published July 7, 2013, in Forex Outlook Jul. 7, 2013 (Allthingsforex.com) – Following a better than expected employment report from the world’s largest economy, in the week ahead traders will compare economic conditions on both sides … Continue reading

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When Cash Is a Position

The past few weeks I have had no entries on my system. This is all by design due to the trading ranges we have see the last few weeks which really began in early June. See my post two weeks … Continue reading

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TOP 10 FOREX EVENTS OUTLOOK: JUL. 1-5

Guest Post By: All Things Forex Published July 1, 2013, in Forex Outlook Jun. 30, 2013 (Allthingsforex.com) – In the holiday-shortened week ahead, traders will watch the next moves by the European Central Bank and the Bank of England, while gauging the … Continue reading

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Market Ranges: Adjust Your Trading Plan and Adapt

By Nick Pirraglia, http://www.TradersThinkTank.com  I plotted some key points of interest on a daily chart of the SPY to show you how the markets can and will react to levels of support and resistance that forge a trading range over … Continue reading

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TOP 10 FOREX EVENTS OUTLOOK: JUN. 17-21

Guest Post By: All Things Forex Published June 16, 2013, in Forex Outlook Jun. 16, 2013 (Allthingsforex.com) – In the week ahead all eyes will focus on the Federal Open Markets Committee meeting in search for clues of the Fed’s willingness to … Continue reading

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TOP 10 FOREX EVENTS OUTLOOK: JUN. 10-14

Guest Post By: All Things Forex Published June 9, 2013, in Forex Outlook Jun. 9, 2013 (Allthingsforex.com) – The euro will be closely watched during the upcoming week which could mark a new phase in the euro-area’s debt crisis as the German … Continue reading

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TOP 10 FOREX EVENTS OUTLOOK: JUN. 3-7

Guest Post By: All Things Forex Published June 2, 2013, in Forex Outlook Jun. 2, 2013 (Allthingsforex.com) – Three monetary policy announcements by major central banks and the U.S. Non-Farm Payrolls report will make for an intriguing week ahead as traders watch the … Continue reading

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TOP 10 FOREX EVENTS OUTLOOK: MAY 27-31

Guest Post By: All Things Forex Published May 26, 2013, in Forex Outlook May 26, 2013 (Allthingsforex.com) – The Memorial Day holiday-shortened week ahead will keep the spotlight on the U.S. dollar and the Japanese yen as series of notable data from … Continue reading

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