When I discuss a chart or market, I often talk about the “dominant technical factor.” This is a useful concept that can help anyone, regardless of your experience level, to…
Patience is a critical skill in trading. But, like everything, balance matters. Being “too patient” is as bad as being impatient. How do we find the balance? One answer is…
What is different and what stays the same? This is one of the key questions traders who trade on different timeframes or in different markets face. We often hear the…
Just a brief blog post here to share some pattern lessons from the S&P 500. First, context matters, and that context is: Bullish because of the existing uptrend from the…
Support and resistance is a controversial topic. Traders’ cognitive bias and random price motion conspire to play tricks on the mind. Many technical analysis books and gurus parrot conventional wisdom…
How do we know how that market is doing on any day? If we turn on the news, we will hear something like “the Dow Jones is up 40 points…”,…
This morning, Tom says to me "Cryptos are looking like good shorts." He's right. Take a look at the daily chart of Bitcoin Cash: Recently broke below a channel with…
Stepping in front of a strongly trending market is one of the best ways to lose money. But trends do end, and sometimes those endings can offer great trades. How…
I want to share the results of a quick statistical study I did today, and also share a few thoughts about using stats, in general, to shape our trading decisions.…
One of the nice things about swing trading is you can have resting orders, so your alert that a pattern has triggered is an order being filled. Here's a nice…
Here is a trade setup we published today as a MarketLife TradeLab, available to both MarketLife Premium and MarketLife Plus subscribers. We are also offering a lifetime 20% discount on…
This is part 2 of a two part blog. Read the first part here. Quick summary: to test the validity of price levels in markets, we created a test in…
First, thank you to each of you who participated in the experiment/quiz. We have stopped collecting data, but you can re-take the quiz and see which answers were right or…
This might be a more challenging blog post than most, but if you’re interested in really understanding price action I think it’s very important. Over the past several weeks I’ve…
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…
It’s great when all stars align and every signal tells you to do the same thing. That’s the idea behind multiple timeframe analysis (which, by the way, is a topic…