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.…
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.…
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…
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…
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…
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…
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…
https://www.youtube.com/watch?v=glC46qBLaM8
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…
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…
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…
In this video, I show you how to use an Excel spreadsheet and, in just a few minutes, get some basic answers about market tendencies and market stats. https://youtu.be/d6Ob19DMLlk
Just a quick post here to point out a trending pattern that should be in your toolkit. Take a look at the chart of SEAS above, which shows a particularly…
So many of us get into trading for action and excitement. (That was one of the things that drew me to trading, years ago.) But what it takes to be…
A few lessons from a simple short trade in silver. First, a little bit of history. I’ve been trading gold fairly actively this year, and have published five trades in…
I have a confession to make: I’m trying to learn to do better marketing. I’m not the kind of person to brag about success—one of the reasons for that is…