Mastering Market Dynamics: Intraday accumulation
Last week's Hudson Sessions talk was centered on the topic of accumulation and distribution. Today, I'd like to share a follow-up lesson that exemplifies these concepts through a trade I…
Last week's Hudson Sessions talk was centered on the topic of accumulation and distribution. Today, I'd like to share a follow-up lesson that exemplifies these concepts through a trade I…
I’ve been doing some exciting and challenging work recently, and want to share some of it with you. A quick biographical sketch, for those of you who don’t know me:…
It’s been a while since I’ve written here. You’ve probably seen the weekly updates, under the Markets Unlocked tag—these have been useful, high-level summaries of market conditions and things we’re…
Yesterday, a trader I have worked with a bit over the years (let’s call him M) pinged me with this real-money equity curve: (For the record, that's a pretty good…
How do we know how that market is doing on any day? If we turn on the news, we will hear something like “the Dow Jones is up 40 points…”,…
This is part 2 of a two part blog. Read the first part here. Quick summary: to test the validity of price levels in markets, we created a test in…
First, thank you to each of you who participated in the experiment/quiz. We have stopped collecting data, but you can re-take the quiz and see which answers were right or…
Thinking in checklists is useful, especially for shorter-term traders. Every market situation is full of rich and complex nuance. Every moment in the market (or in life) is unique because…
Most people know that stock markets tend to be much more active on the open and close, and are often "dead" in the middle of the day. This is important…
https://www.youtube.com/watch?v=tMmphbbC4ew&feature=youtu.be
Trading is a game of choices. Over time, we hope to make more good choices than bad. Sometimes, the choices are obvious: control your risk, take disciplined trades, be mindful…
I've written on this topic before, but we just had a good example in the market, so it's a great time to revisit. Many intraday traders find that most of…
I received a question from Alex, which appears to be a simple question. Digging deeper, it actually drives straight to the essence of intraday trading: If I am wanting to…
Yesterday’s moderately strong downtrend came within higher timeframe consolidation. This is still a market primed for a stronger trend move. Do not fade a break above or below key levels…
This is still a market seeking a catalyst, though bullish factors continue to accumulate. Look for a strong rally above the 2121-2124 level; do not fade a breakout that holds…