The most important goal of chart analysis
This is the first in a short series of posts in which we will look at the basic, fundamental elements of directional trading. This series will be written for beginning…
Tracking sector flows
Understanding stock markets can be difficult. Which index should we look at? There are many ways to slice stocks: by market cap, by proprietary index methodology, by geography, by valuation,…
TradeLab review
This blog post is a review of every TradeLab we have published for MarketLife since our previous post. TradeLab was designed to be an easily accessible and digestible "trading lesson"…
Why Bitcoin was a clear short
On 4 December, I fired off a quick tweet that generated a lot of discussion in my Facebook and email inboxes. (Curiously enough, not so much discussion on the tweek…
What can we learn from the range?
Markets broadly exist in two states: trends or trading ranges. In other words, a market is happy with the current price (and accepts it) or is moving to another price.…
Why were we focused on NZD trades?
A week ago, I pointed out trade setups in NZDUSD and many NZD crosses to my MarketLife and Talon clients. Of course, one issue currency traders need to consider is…
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…
Let’s talk turkey: Thanksgiving seasonality in stocks
This is a slightly edited version of the note I sent to my Talon Advisors clients this weekend. There is always a lot of discussion about seasonality at the end…
How do you know if you’re chasing a trade or not?
FOMO (fear of missing out) is a killer in the markets. One of the surest ways to lose money is to miss a trade, get frustrated, and then bang into…
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…
ChartSchool: trading the Anti
https://www.youtube.com/watch?v=glC46qBLaM8
Here’s the very first thing I ever had published: an article on trading flags
Here's a rambling, somewhat more personal blog post than most: Tom and I were going through some old trading documents last week when I stumbled across this pdf: the first…
Trailing stops: 9 ideas you can use today
Trade management is at least as important as trade entry, and maybe a lot more important. There are two main tools for trading management: profit targets and stops. From these…
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…