Chart of the Day: Global Relative Strength
Two ideas to think about today: First, there are many ways to track relative strength. One of the simplest is just to look at returns (returns are simply a way…
Chart of the Day: Sector Analysis
I find it useful to drill down into each major sector and look at the behavior of individual names. One way to do this (and one I highly recommend) is…
Chart of the Day: S&P 500 Swings
Swing charts can clarify structure and eliminate noise. This is a daily chart of the S&P 500 (cash index) with our AlgoSwings® indicator applied on two timeframes. This tool does…
Course Update
[dc]I[/dc] want to take a moment today to share a bit about the trading course I am creating. For those of you who someone have escaped my barrage of tweets…
Chart of the Day: Gold
I am deeply suspicious of most indicators, most of the time. Indicators (with a few exceptions) reprocess the same open, high, low, close, and maybe volume data, and present it…
Chart of the Day: XLY/SPY Spread
Do you trade spreads? If not, you might ask yourself why not. This is a longer-term chart of the performance of Consumer Discretionary stocks (XLY) relative to the broad market…
Fibonacci Conclusions (2/2)
[dc]T[/dc]oday I want to continue from last week's post on Fibonacci ratios, and wrap up with a few thoughts and conclusions. That post was very heavy on data and charts,…
Reader’s Questions: Why Make a Course?
Andy asks "Why are you doing a free course? Won't that take away from your edge as a trader and maybe things will stop working? Has it already stopped working?…
Short Treasuries: Multiple Timeframe Context
[dc]I[/dc] want to share the thinking and reasons supporting a technically-motivated short position in Treasury Futures. I think it is possible to simplify the trading of patterns too much, and…
Coming Soon: The Trading Course
[dc]I[/dc] want to share some more information about the training course I am creating. I have been planning to do this course in a few different ways in a few…
Testing Fibonaccis (1/2)
Warning: this blog post is not appropriate for all readers. You may find it challenging or disturbing, especially if you are not open to questioning some long-held beliefs. Reader discretion…
Coming Soon: a New Trading Course
An outline of the upcoming trading course.
What Do You See Here?
The mind is a pattern finding machine... and that's not always a good thing.