Beyond the News: A Dive Into Breakout Behavior
Here are a few quick lessons drawn from today’s (Monday 10/9/23) action in the S&P 500 futures. Of course, we could draw many lessons any time we look at a…
Mastering Market Dynamics: Intraday accumulation
Last week's Hudson Sessions talk was centered on the topic of accumulation and distribution. Today, I'd like to share a follow-up lesson that exemplifies these concepts through a trade I…
Cycles, Cycles Everywhere
I want to share a few of the things I have been thinking about and focusing on in the market. This market environment is not that different than "business as…
Did you miss a trade?
What happens if you miss a trade? Newer traders will often make a frustrated FOMO trade, and add a loss to what should have been a non-event. More experienced traders…
Breakouts and breakout failures: real world trading
One of the disconnects for new traders is seeing how patterns play out in the real world. When we learn patterns, we usually start from pristine, idealized examples. But in…
Failure is NOT always an option
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…
This is how breakouts work: lessons from the S&P 500
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…
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…
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…
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…
TradeLab: Reviewing some recent trades we published
I firmly believe the best trading lessons come from the market... and the best of the best trading lessons come from your own work and trading. Let me share some…
Price action triggers: how much patience is too much?
Take a look at the chart below. We were looking to enter a short in gold (or silver), based on the long downtrend, and then a bounce that was likely…
Chartschool: FOMO and breakouts in the USDCHF
https://www.youtube.com/watch?v=rd4Xgq7IFiU
A breakdown pattern in the GBPCHF, and why I don’t like it!
Let’s consider some subtleties of patterns. In our Facebook group, Nenad shared this pattern, and wrote: This is a nice breakdown pattern in GBPCHF that occurs in a downtrend. We…
This week, come and study breakout trades with us
This week, we are switching focus in our pattern-training group to a third class of technical trades Support and Resistance breaking. Many of you may know these by a more…