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Chart Reading  // Posts tagged as "Chart Reading"

27 Jul Posted by in Market Forecasting | Comments Off on DUALITY IN THE MARKET

DUALITY IN THE MARKET

DUALITY IN THE MARKET

  In a perfect world you wouldn’t be reading this now, since originally I didn’t plan on writing it until next week sometime. So much for perfection. Last weekend I was thinking about how wonderfully compliant the stock market was in following my forecast to the tee, based on all my models and calculations. Since […]

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05 Jul Posted by in Market Forecasting | Comments Off on Chart Reading vs. Trading with Indicators

Chart Reading vs. Trading with Indicators

Chart Reading vs. Trading with Indicators

    When selecting a trading methodology that is effective in the long run, a trader needs to ask himself what type of approach would work best for accuracy and reliability. First there is the fundamental approach which works best for the long term trader/investor. Warren Buffet is a good example of a trader with […]

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03 Jul Posted by in Market Forecasting | Comments Off on Current Projection for Equity Markets

Current Projection for Equity Markets

Current Projection for Equity Markets

  Basis the September e-mini S&P, the next major time target I’ve projected is July 31st. This date arrives on a Sunday, so  my expectation for a significant transition in the behavior of the market will likely be as of Monday, August 1st. During the first part of last week, I had worked out some overhead […]

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13 Jun Posted by in Fibonacci Ratios | Comments Off on Trading with Fibonacci Ratios

Trading with Fibonacci Ratios

Trading with Fibonacci Ratios

  One of the most powerful set of tools we can use with tremendous accuracy and reliability are the Fibonacci ratios. These ratios are part of a class of ancient mathematical phenomenon known as sacred geometry. Fibonacci patterns are found in all things natural, including all freely traded markets. Many traders have had some exposure […]

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02 May Posted by in Techical Analysis | Comments Off on Confirming Signals

Confirming Signals

Confirming Signals

  Whenever we look at a possible signal on whatever trading system or methodology you use, it’s always best to add confirming “sub-signals”. These smaller minor signals reinforce the original signal and make the trade much more reliable. I call these “Supporting Structures”. I use primarily a basic bar chart to read trend direction and […]

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29 Apr Posted by in Trend Analysis | Comments Off on Trend Analysis

Trend Analysis

Trend Analysis

  All forms of technical analysis are arbitrary from the standpoint of attempting to indicate what should or could occur. They are also arbitrary to the extent they attempt to anticipate a change in the market’s behavior, say from moving up to down or vice versa. The one exception to this is a certain pure […]

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19 Apr Posted by in Day Trading, Fibonacci Ratios | Comments Off on Preparing for a Winning Trade

Preparing for a Winning Trade

Preparing for a Winning Trade

The two most important questions I ask myself when I analyze a price chart of any time interval to find trading opportunities are: trend direction (easy to see) and trend strength (critical to know). Knowing the answers allows me to choose one of two basic trade entries. I can either trade with the trend when […]

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