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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...

YouTube series: Tom’s Trades

We’ve started a series of “quick hit” trade analysis on our MarketLife YouTube channel, done my my trading partner, Tom. These are all actual trades, with points of entry, trade selection, trade management, and exit discussed. We’ve gotten...

How to avoid some bad trades

Take a look at the chart above. Notice three things near the right edge of the chart: An intermediate term moving average is flat Price is never moving far from the moving average Price is chopping back and forth on both sides of the moving average These are three...