Do interest rates scare you?
Interest rates are constantly in the headlines. When I talk to traders and investors, interest rates are one of the topics that always come up. There's a great deal of…
Come and study support and resistance trades with us this week
Hi gang. We’re rounding the corner into our last week of specific pattern focus in the Facebook group. We’ve covered with trend and countertrend trades, and looked at breakout examples…
A breakdown pattern in the GBPCHF, and why I don’t like it!
Let’s consider some subtleties of patterns. In our Facebook group, Nenad shared this pattern, and wrote: This is a nice breakdown pattern in GBPCHF that occurs in a downtrend. We…
This week, come and study breakout trades with us
This week, we are switching focus in our pattern-training group to a third class of technical trades Support and Resistance breaking. Many of you may know these by a more…
Reader question: still confused about chartreading…
Here’s a question from Alexander: I understand TA to some degree, I studied your book and the wonderful video course. But sometimes I can still look at a chart and…
This week, come and learn about a new trade type: trend termination
This week, in our pattern analysis group, we’re looking at Trend Termination plays. This terminology might be a bit confusing at first. It stems from a system I came up…
Does anyone really succeed at trading?
There’s an interesting discussion over on my MarketLife forum, in which someone asked the question “does anyone really succeed at trading?” This snippet pretty much summarizes his question: What if…
Here’s an opportunity to share trade setups, ask questions, and learn (for free!)
I’ve been quiet on the blog recently, but Tom and I have been hard at work coming up with some new and exciting things. While we have some great things…
Video blog: trade location, in bases or trends?
https://youtu.be/GLNqlHmPErE
A look inside MarketLife Premium
https://youtu.be/ogHbVum9emM I want to share this video with you, which is the stock market analysis I recorded for my MarketLife Premium clients for 6/5/18. Why am I sharing this? Well,…
How to think about your trading decisions
One of the things I’ve been thinking about recently is how to evaluate the quality of our decisions. This is a topic that traders probably don’t think enough about. Furthermore,…
Five Ideas to Get the Most from Your Coach
Working with a mentor, trading coach, or teacher can cut years off the learning curve. For many, it’s the difference between ultimate success and failure. This is an important and…
Reader Question: How to Stop Overtrading?
I have received several questions about overtrading over the past few weeks. Each question touched on a different aspect of the problem,; this is a serious question that many traders…
Working on a new way to view charts
I change slowly. The last major change I made to my trading was in 2005, and the smaller changes I've made since then are tiny, incremental changes. Often, they're just…
When Good Setups Go Bad
One of the best setups I've seen in the currency markets was (note: past tense) the EURCHF. After a multi-month uptrend, the currency pulled back into a picture-perfect bull flag.…
Reader question: stop vs stop limit orders
I received a good question from J last week: As you know, I’ve recently switched to using Stop Limit orders for entries after experiencing a lot of slippage last month…