Overshoots and Overreactions
One of the features of financial markets is that they often react to new information with emotional volatility, and overshoot extremes. Understanding this element of price behavior can give us…
Being right being wrong (and multiple timeframe analysis)
It’s great when all stars align and every signal tells you to do the same thing. That’s the idea behind multiple timeframe analysis (which, by the way, is a topic…
TradeLab: Reviewing some recent trades we published
I firmly believe the best trading lessons come from the market... and the best of the best trading lessons come from your own work and trading. Let me share some…
Gold: a big drop in the big picture?
I thought it might be useful to step back and take a look at gold from a much longer-term perspective. First, the monthly chart (difference back-adjusted continuous futures): The first…
1/25/12 Chart of the Day
[dc]T[/dc]his pullback in Gold futures could offer an opportunity for a short. Positions could be established on a weak close, looking for a first leg to retest previous lows (1,525…