Know Your Tools
Make sure you understand everything nuance of every tool you use in your trading
Make sure you understand everything nuance of every tool you use in your trading
Sometimes, important technical patterns are easy to miss. A small bar near the extreme of a recent thrust (near the extreme means near the low of a downthrust or the…
The failure test trade in AAPL develops.
A failure test in AAPL gives a long entry.
A look at the stages a trader may go through on the road to mastery.
Crude Oil is consolidating lower following the break of the trendline. This pattern is perhaps more clear on the weekly chart, but it appears to be a small daily consolidation…
[dc]I[/dc]t's nearly impossible to go a day in December without hearing the phrase "Santa Claus rally." There is an impression that the market tends to rally into the end of…
Why would anyone spend a year writing a trading book?
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…