Chart of the Day: Moving Stops with Confirmation
Too many times, when people talk about "trading patterns" they are focusing on entry patterns. Yes, it is important to have patterns that show a positive expectancy, but the decisions…
Too many times, when people talk about "trading patterns" they are focusing on entry patterns. Yes, it is important to have patterns that show a positive expectancy, but the decisions…
Human behavior drives markets. Apply quantitative techniques with caution.
Two inside days can set up a good breakout trade.
[dc]I[/dc]n an earlier post, I wrote of the need for simplicity in trading. I suggested you could probably throw out the vast majority of the tools you use and the…
A weekly sell Anti setup in TWC contradicts the prevailing sentiment.
Reader Mike asks: How do you think a beginner should start trading? Hi Mike. Good question, and I don't think there is one possible answer. I can tell you that…
Continued from this chart earlier this week, Gold shows further evidence of breaking down. If you do not have a position, use small daily consolidations to position short, for example,…
A reader asks if there are any backtests supporting my work.
Adam, you say stocks are more prone to mean reversal and we know commodities tend to trend. But what about equity index futures like the ES? Are they more likely…
Volatility contraction sets the stage for a selloff.
Thoughts on the value of simplicity in trading...
[dc]T[/dc]echnically speaking, the chart of Gold is complicated and unclear. To recap: the second half of 2011 saw a sharp collapse in prices. This selloff found support around 1600 (1,550…
One possible issue with "overnight" gaps affecting short-term patterns on ETP charts. Consider carefully whether you should be using futures or cash instead.
There is a clear bearish Anti setup in the Technology Sector SPDR (NYSE: XLK.) Linda Raschke first wrote about this pattern, and created the name for it. I have found it…