Impulse Moves and Market Patterns: A Real-Time S&P 500 Example
Were you caught off guard last week? Did you expect the market to do something it didn’t do? One of the most reliable, recurring market patterns is the concept that…
The Power of the Snap Pullback
Recently, I posted a tweet about a great example of a snap pullback (formerly known as the "Anti") on the 4H S&P futures. This sparked some interesting questions and discussions…
A trade I usually skip. Time to rethink?
Today, I want to share some thoughts I’m having on a pattern I usually skip in my own trading. I’m wondering if maybe these are trades I should be taking……
The Anti: a trading lesson from ROKU
Stepping in front of a strongly trending market is one of the best ways to lose money. But trends do end, and sometimes those endings can offer great trades. How…
Lessons from a reader: trade review of CREE
I received a good question from a long-time reader on a trade he executed in CREE. Here's Jim's (edited) question: I’ve been trying to swing trade for a few years…
Gap and go or gap and crap?
Gaps are important. Gaps on charts can show powerful shifts in market dynamics, and we can identify some interesting tendencies around these gaps. Intraday traders often find an edge in…
US Dollar trend update… next steps
Just a quick followup to this post, in which I suggested the US Dollar might be set for a fakeout rally (that has happened) that might fail into a sharp…
Chart of the Day: Weekly Anti in TWC
A weekly sell Anti setup in TWC contradicts the prevailing sentiment.