Little motion and no new tactical information [yesterday]. Market is still consolidating and still in breakout mode: expect sharp continuation once the consolidation is decisively broken. The edge is still…
Over the past week or so, I've written a bit about short term trading strategies on my blog, and I've also done two podcasts (here and here.) Starting tomorrow, I'm…
This episode continues my look at short term (intraday and daytrading) systems and ideas. Here are the episode notes: What’s really happening intraday Academic studies of market behavior show departures…
Overall context is a broad consolidation, with volatility contraction visible on intraday charts as a triangle. Within this area (and expect wide, “messy” definitions of the confines of the pattern—not…
Bullish bias today, watching 2019 – 2025 as a reference range (not an exact level). Clearing this resistance could lead to a sharp rally. Failing to break that resistance could…
When I was an active intraday trader, one of the things that was most important to me was having a rough roadmap for the day: what is most likely to…
Momentum begets momentum—selling, usually, leads to further selling. Yesterday sent a loud and clear warning to bears in US stocks: there is a lot of hidden bullish conviction. The rally…
Short term trading, intraday trading, daytrading--call it what you will, these styles of trading bring some unique challenges. Tools and approaches that work in other timeframes also work intraday, but…
Yesterday's play was to not fade a break, up or down. This turned out to be correct, as the market gapped lower on the open, and did not look back…
This post is the first in a series I will be extending for a week or two, focusing on short-term and intraday trading. Each day, I will be publishing a…
Off topic warning! If you are only interested in finance and trading, this podcast is not for you. :) This episode is 100%, completely about coffee: how different varieties taste,…
I was honored to be featured on the Stocktwits Must Follow Podcast series a few weeks ago. I had an interesting conversation with Sean McLaughlin in which we focused heavily…
Over the past few days, I've written a bit about trading macro events and reports, and I also did a podcast episode on the subject. I shared some ideas about…
Every day, we are hit with economic reports, earnings for stocks, speculation, opinion, and a flood of other information. Some of these events move markets; some are non-events. How can…
There are so many things we can't predict; surprises, good and bad, happen. Sometimes these surprises can have a dramatic impact on our positions. One of the core tasks of…
We all have ego. Everyone likes to be right, likes to be seen as intelligent, and likes to be a winner. We all hate to lose, and we hate to…