How to draw trend lines
One of the complaints leveled against technical analysis is that tools are primarily visual and subjective, rather than being true analytical tools. There certainly is some truth to these complaints…
One of the complaints leveled against technical analysis is that tools are primarily visual and subjective, rather than being true analytical tools. There certainly is some truth to these complaints…
Trendlines are useful. For the uninitiated, it may seem odd to draw lines on charts and to expect them to work, but what we are actually doing here is to…
This could, perhaps, be the shortest blog post ever. I could simply answer the question with: follow your rules. Get out. But let's dig a little deeper. Before we really…
The marketplace is constantly evolving. One of the biggest changes over the past decade is the proliferation of Exchange Traded Products (ETPs) that allow stock traders to trade commodities (and…
Markets are complicated. Market analysis is complicated. Developing a trading system certainly can be complicated. But trading cannot be complicated. The act of placing trades and evaluating results must be…
This post was originally published on See It Market as part of the Market Masters series. The original post can be found here.] I am a quantitative-discretionary trader. I have…
I've been asked a few variations of the same interesting question recently. Here are a few examples: The one thing I keep struggling with is finding an edge I can…
I left you, at the end of yesterday's post, with some strong evidence that luck plays a big part in your trading results. Now for the good news: you are…
Let's cut straight to the punchline: the answer is, "it turns out, quite a lot." Continuing on this week's series that attempts to break down important technical trading ideas into…
Continuing from yesterday's post, I wanted to dig a little bit deeper into the idea of what happens when markets go too far, too fast and snap back. This concept…
If you read much of my work, you will begin to see that applying technical tools takes work; it takes a lot of time and experience to know how to…
A look at the technical justification and support for a long trade in the Russell 2000 index, or other US indexes.
Despite all the good reasons for focusing on with-trend trading, the first pattern I taught in my book was a little countertrend pattern--the failure test. Why? In this case, the…
Last week, I covered pullback trading, which is one of the most common and most important with-trend trading patterns. This week, I will dig deeper into some different patterns, but…
This is the third article in my series on pattern recognition, and the last on pullbacks. Most patterns in markets are relatively simple, and most patterns were labeled long ago.…
This is the second in a series of posts on pattern recognition, following up on yesterday's post that dealt with trading simple pullbacks. The pullback truly is one of the…