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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 managed to break below some key levels and now I am watching for the consolidation (2...

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 common name: breakout trades. I want to take a few minutes of your time to challenge you to think...

Reader question: still confused about chartreading…

Here’s a question from Alexander: I understand TA to some degree, I studied your book and the wonderful video course. But sometimes I can still look at a chart and not have a proper bias to as of where the price will continue to go. I can make an argument for both...

This week, come and learn about a new trade type: trend termination

This week, in our pattern analysis group, we’re looking at Trend Termination plays. This terminology might be a bit confusing at first. It stems from a system I came up with when I wrote my first book, under which I noted that we can categorize all technical,...

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MarketLife Ep 35 – The beginner’s mind (a new mini-series)

This episode kicks off a mini-series in which I work with a beginning trader to learn the very fundamentals of the business. We will cover method, psychology, risk, learning techniques, money management, and much more, and hopefully we will get to see Austin have some...

Markelife Ep 34 – The Folly of Trading Wisdom

The podcast is back after a long break! Today, we dig into some of the conventional wisdom and common "soundbites" that are used. You've heard these, probably over and over: Only price pays. The trend is your friend. Ride your winners Never add to a losing trade Never...

Marketlife Ep 33 – Trade management: decisions and tradeoffs

So much emphasis is placed on where to get into a trade, entry signals, entry patterns... but the decisions we make after we are in the trade are at least as important (and maybe far more important) for overall profitability. In this episode, I dig into some of the...

MarketLife Ep 32 – Technicals for the non-technician

In this episode, I look at basic technical tools that anyone, regardless of background or previous experience, can use to enhance his or her trading program. Important concepts and tools are covered, along with some ideas for how to expand your learning and learn to...

MarketLife Ep 31 – Get tough: how to develop mental strength

I received a good question this week from a reader, Vladan: Adam, can you please talk in one of your podcasts about mental strength when it comes to discretionary trading and how to improve it.  I know it ultimately comes from conviction, backtesting and knowledge but...

MarketLife Ep 30 – Market Intuition: what it is and how to get it

This episode takes a look at market intuition--a subject that is a bit difficult to talk about. In response to a number of reader questions, I share some concrete ideas for developing and expanding your own intuition. Here are the show notes:   Two kinds of intuition...

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The Art and Science

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