How to trade pullbacks
I'm starting a short series of posts here on pattern recognition, focusing on simple patterns that I have found useful in actual trading. Some of my readers may have questions…
One step ahead…
The most important factor setting up pullback trades, and a simple framework for market and trend analysis that really works.
Europe is vulnerable
We are seeing a potential divergence in the performance of US and European stocks. European stocks are showing overtly bearish patterns, lead by clean breakdowns out of weekly bear flags…
Reader question: why do patterns work?
A really interesting discussion developed in the comments to this post on pullbacks. Since you're capable of clicking the link and reading the comments, I won't copy the whole discussion…
The pullback: a trade that works
I've written quite a bit lately on things that don't work, and tried to point out some errors in common practical technical analysis. Yes, I'll do more of that in…
Six trading ideas
Here are a few trading ideas. Some may be immediately executable; some may need to go on a watchlist. In most cases, these are consolidation plays and could be entered…
Four Trading Ideas
[dc]O[/dc]ur trading ideas, "setups", if you will, must change with market conditions. Certain types of trades are more relevant at certain times. For instance, if the market is dramatically overextended,…
Video Blog: Trading Pullbacks
https://www.youtube.com/watch?v=ElbjW1k4saw&feature=youtu.be This video takes a look at a possible setup developing in the US Stock market: what could potentially be the first pullback following at attempted trend change. (You could…
Multiple Timeframe Loonie Tunes
[dc]I[/dc] want to share a brief look at longer-term market structure in the Canadian dollar today. We have a situation in which a few timeframes appear to be in conflict…
Trading the Rally in India
[dc]T[/dc]oday I want to take a look at the recent move in India's stock market. I will discuss how we traded it (and signaled the move far in advance) in…
Pattern Development in the GBP
[dc]A[/dc] few weeks ago, I discussed a possible impending breakout in the British pound in this post. This is a good time to take another look at the pattern, how…
Chart of the Day: Consolidation in Gold
By way of history, we have been bearish on Gold for quite some time in the research I write daily for Waverly Advisors, and we hold a short that was…
Chart of the Day: Potential Buy in S&P 500
Yesterday's weak closes in major stock indexes do threaten trend integrity, at least on the intermediate term: though fairly small on a nominal basis, these moves were large on a…
Chart of the Day: Complex Consolidation in European Stocks
The daily chart of the DJ Europe Stock Index shows a two-legged pullback that could be read as a complex consolidation. This is typically a strongly bullish pattern, and we…
Short Treasuries: Multiple Timeframe Context
[dc]I[/dc] want to share the thinking and reasons supporting a technically-motivated short position in Treasury Futures. I think it is possible to simplify the trading of patterns too much, and…
Chart of the Day: Small Consolidation in Gold
Sometimes, important technical patterns are easy to miss. A small bar near the extreme of a recent thrust (near the extreme means near the low of a downthrust or the…