web analytics

Ranges and measured moves

Here’s a quick look at two concepts that should be a part of your chartreading: ranges with pressure, and measured moves. There are two common approaches to chartreading, and I think both can be improved upon. One is to look at “big” patterns spanning many bars (think...

A shift in perspective

Sometimes we can take tools we know and look at them in new ways. Doing this can give a surprising new perspective on how markets move, and can often suggest new places to look for edges. Here’s an example. I use Keltner Channels on all my charts, and have for nearly...