Chart of the Day: 1/29/12
[dc]T[/dc]he bull flag is a simple, classic pattern that is a fundamental expression of the ebb and flow of buying pressure in an uptrend. In this case, we entered a…
First Principles of Technical Analysis (3/?)
2: Trends are more likely to continue than to end [dc]T[/dc]he previous post in this series considered the first principle of price behavior: that markets tend to alternate between periods…
First Principles of Technical Analysis (2/?)
The first principle of price behavior: Markets alternate between trends and trading ranges.
1/26/12 Chart of the Day
[dc]T[/dc]his chart shows an Anti pattern in the chart of Apollo Group, Inc (Nasdaq: APOL). This is an important trend termination that often leads to some very clean trades. This…
First Principles of Technical Analysis (1/?)
The building blocks of market structure and price action. [dc]T[/dc]echnical analysis is the art and science of predicting the future direction, timing, and/or magnitude of a market’s movements, mainly by…
1/26/12 Chart of the Day
[dc]T[/dc]his chart of Natural Gas futures shows a classic pattern: parabolic acceleration outside the Keltner Channel and the parallel trendline. It is difficult to play a move like this as…
1/25/12 Chart of the Day
[dc]T[/dc]his pullback in Gold futures could offer an opportunity for a short. Positions could be established on a weak close, looking for a first leg to retest previous lows (1,525…
You Get Paid to Hold Overnight
A look at one reason why daytraders may struggle...
Random Support & Resistance Levels
http://www.youtube.com/watch?v=5mPp7_fajvo
Intro To Technical Analysis Course (2/2)
The conclusion of the plan for ITAC.
Intro to Technical Analysis Course: The Plan (1/2)
The plan for the Introduction to Technical Analysis Course
A Few Trading Rules
[dc]I[/dc]n doing the preparation and background work for the book, I found a set of rules for a swing trading system I traded for many years. I thought I would…
How Do You Calculate Volatility In Excel?
How to calculate a simple historical volatility using Microsoft Excel.
Ancient Wisdom / Modern Markets
Wisdom from ancient Eastern texts offer guidance for modern traders in all markets.
Managing Gap Openings
Gap openings can present both danger and opportunity to swing traders. You need a plan for handling these volatile and potentially dangerous events.
Current Technical Situation: S&P 500
A failure test that justifies flipping a long position to a short position.