Slide along the bands: a trend pattern you should know
Just a quick post here to point out a trending pattern that should be in your toolkit. Take a look at the chart of SEAS above, which shows a particularly…
Doing the right thing: Bias, opinion, and action points
One of the great things about writing a daily research piece is that it serves as a good record of my thought process and perspective on markets on each and…
Don’t be this guy
Take a look at this picture which I took a few years ago, on a Friday afternoon, on a New York / New Jersey ferry. After a long and stressful…
Finding trend days in index futures
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…
The trend is your friend, except at the end…
Let's talk about endings today. If we can better understand the patterns that often occur when trends end, we are better equipped to manage risk, place stops, and, in general,…
A new tool to measure trend strength: the Grimes Efficiency Ratio
Is a market trending or not? Even this simple question, which is at the heart of most of our thinking about markets, is not easy to answer. Definitions of trend…
That trend indicator, is it helping or hurting?
Continuing from my previous post on moving averages, let's take a look at using a moving average as a trend indicator. Again, here is some material from the unpublished part…