Bear flags in cryptos
This morning, Tom says to me "Cryptos are looking like good shorts." He's right. Take a look at the daily chart of Bitcoin Cash: Recently broke below a channel with…
This morning, Tom says to me "Cryptos are looking like good shorts." He's right. Take a look at the daily chart of Bitcoin Cash: Recently broke below a channel with…
Just a quick post here, under the heading of “simple things work.” Take a look at the chart of the USDCAD below. This is a picture perfect short setup, and…
On 4 December, I fired off a quick tweet that generated a lot of discussion in my Facebook and email inboxes. (Curiously enough, not so much discussion on the tweek…
A week ago, I pointed out trade setups in NZDUSD and many NZD crosses to my MarketLife and Talon clients. Of course, one issue currency traders need to consider is…
Take a look at the chart below. We were looking to enter a short in gold (or silver), based on the long downtrend, and then a bounce that was likely…
So many of us get into trading for action and excitement. (That was one of the things that drew me to trading, years ago.) But what it takes to be…
I have a confession to make: I’m trying to learn to do better marketing. I’m not the kind of person to brag about success—one of the reasons for that is…
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…
Train your eye to see and process inside days automatically. (Note that this chart was snapped around 10:00 EST, so things will likely be very different by close. Whether or…
A market that is often a focal point for political opinion, fears, and speculation. None of that is necessary when your trading plan has an edge...
One of the problems swing traders in stocks face is correlation; the sad reality is that stocks mostly move together, and trades in stocks mostly win and lose together. If…
Patterns are important in trading; you might even say that trading is basically a game of recognizing the right patterns and doing the right thing when they happen. Most of…