If there is one adage beginning traders are likely to hear often from experienced traders, it's "Identify the trend," followed by "Trade the trend." Sounds simple enough. In fact, almost anyone can look at a chart and see trends as prices make a series...
Identifying market tops and bottoms is considered one of the hardest tasks assigned to a trader. However, the market can hint at these momentum shifts if we take the time to analyze both price action and technical indicators. Today we are going to take a...
Most traders spend a large amount of time fighting themselves on the path to trading success, often without fully realising what it is they are fighting against. When a run of bad trades erodes their trading account emotions are high and expectations get...
I'm relatively new to the trading world but in less than three years I have been able to make that leap from thinking about what I'd like to do to actually making a living from the markets. That process was much easier than I expected simply because so...
As one who has spent many years studying financial markets, I have focused on market breadth analysis. I have wondered why in this area little progress has been made in the past 60 or 70 years. We continue to use the classic data of advances, declines,...
As an investor, you are like the conductor of your portfolio. Great conductors of a symphony orchestra share many qualities with successful investors - they have their eyes in many places, they make sure all of the moving parts they manage are working...
Trading has its own language, a secret code that must be mastered in order to succeed in the trading industry. There are few places that help new traders learn the trading lingo. Whether you day trade, swing trade, using stocks, futures or options, there...
There are parts of traditional astrology which have a reputation for being unscientific. But for astro-traders, those unscientific features can sometimes provide powerful clues about profitable short-term trades.INTRINSIC BIASWhen we apply the...
Looking at the weekly charts on Nymex crude oil, we are poised for the longest run of weekly gains since 2009.SUPER TREND Technically, the market keeps moving up from the December low of $85.76 per barrel, since then we have formed what I refer to as a...
I began my career as a waiter, which I would not wish on anyone. I don't know how many times I heard a customer say "Here's your tip: buy low, sell high." As a waiter, the correct response is to laugh as if you've never heard that one before and suggest...