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…
https://www.youtube.com/watch?v=glC46qBLaM8
https://youtu.be/DTC-lP5VgdI
https://youtu.be/VCsMt8IQ29U
Multiple timeframe analysis can provide good context and perspective on market moves. Take a look at the daily and weekly chart of the EURGBP below, which popped up on my…
Recent action in copper futures gives us some market lessons. These can be adapted to other markets and timeframes (so if you just trade stocks or currencies, don’t skip over…
I received a good question from a long-time reader on a trade he executed in CREE. Here's Jim's (edited) question: I’ve been trying to swing trade for a few years…
Gaps are important. Gaps on charts can show powerful shifts in market dynamics, and we can identify some interesting tendencies around these gaps. Intraday traders often find an edge in…
Just a quick followup to this post, in which I suggested the US Dollar might be set for a fakeout rally (that has happened) that might fail into a sharp…
Since my other post today led you down a long trail of something that did not work, let me leave you this weekend with a pattern to watch over the…
This chart shows a common context for the Anti pattern: following an overextension of an established trend (A), the market makes a sharp counter-trend move (B), and then pulls back…
The "Anti" is a name coined by Linda Raschke (in her excellent book Street Smarts) for a trade that was originally defined by an oscillator pattern—when short term momentum pulls…
A weekly sell Anti setup in TWC contradicts the prevailing sentiment.
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,…