Free bars: little patterns after big moves
Bands or channels are usually set up around some type of moving average. They define what is normal for a market, so excursions outside the bands are potentially interesting. There…
This is how breakouts work: lessons from the S&P 500
Just a brief blog post here to share some pattern lessons from the S&P 500. First, context matters, and that context is: Bullish because of the existing uptrend from the…
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…
A Trading Lesson in Pullbacks
I have found, over the years, solid results from trading a handful of patterns put in the proper context. Perhaps the most useful of those patterns in the pullback, which…
Chart of the Day: Not a Bubble
The media, both major and social, seems to be filled with people proclaiming that stocks are in a bubble. Bubbles do occur, but the current market shows no signs of…
Too Much of a Good Thing
A simple pattern often marks the end of trends.