Recent JimWyckoff's Articles
What is System Trading?
There is a type of futures trading that is popular, but also about which some traders are unfamiliar. It's called "system trading." In this educational feature I will define system trading and detail the advantages and disadvantages of the methodology.What is System Trading?System trading (also k...
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Understanding “Wyckoff’s Market Rating System”
Jim Wyckoff on the Markets My Daily Markets Update displays the exclusive "Wyckoff's Market Rating System" for each market. I distill risk, probability, technical indicators, fundamental analysis and many other factors in determining these ratings. This simple system can be your quick key to how ...
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Jim Wyckoff Discusses Entry & Exit...
I have received several email messages from my readers asking about how to best determine entry and exit strategies when trading markets. Here are just a few of their quotes: "Though my success rate has been high, I am only breaking even financially, due to getting out too early in profit and let...
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Technical Traders Should Still Examine...
Those who have read my features know I base the vast majority of my trading decisions on technical indicators and chart analysis--and also on market psychology. However, I do not ignore certain fundamentals that could impact the markets I'm trading. Neither should you. In this feature I'd like to...
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Jim Wyckoff Asks, "Do You Wanna Fight?"
I was busy Friday morning writing my "Glance at the Markets" feature for financials, when I got an email from a trader. He said he was bullish coffee and wanted to go long. All morning long, it seemed, trader emails had been popping up on my computer screen--and many were advocating playing the l...
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Jim Wyckoff on Trading Options on Futures
A while back, I received several emails from readers wanting to know if they should short the crude oil market because of its lofty price levels. I responded that I don't give specific trading recommendations, but I certainly do want to help my readers succeed at the difficult task of trading fu...
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Using Contrary Opinion in Trading Markets
Ihave told my readers that one of the best methods to trade a market is to jump on board when prices "break out" of a congestion or "basing" area on the charts and begin a new trend. I have also stressed to my readers that one of the most risky and least successful trading methods is trying to p...
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Commitments of Traders: What are the Big...
I have discussed in past articles how volume and open interest can be used to help identify and confirm market situations and trading opportunities. I'll take open interest one step farther in this column by examining the Commitments of Traders (C.O.T.) report, issued by the Commodity Futures Tra...
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Spend "Quality Time" Studying Trading and...
A good percentage of my readers are futures traders who consider themselves beginners and have traded for less than one year. Most of these readers are very hungry for information they can digest in order to move "up the ramp" to an experienced (and hopefully successful) futures trader. Most of...
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Jim Wyckoff Discusses A Favorite Trading...
Ihad a fellow email me recently, asking: "Without giving away any precious secrets, could you tell me a way to improve my entries and exits (on trades)? It seems nobody wants to share their system." Well, first of all, I don't have any trading "secrets." What I do have is many years of market e...
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Determining Support & Resistance Levels...
In this educational feature, I'm going to tackle an issue about which several of my readers have inquired: How to determine support and resistance areas on the charts. My favorite method (and I believe this the most accurate method) of determining support and resistance levels is to look at a b...
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Simplicity Has Sharpened John Murphy's Skills
"My work has gotten better due to simplifying my approach," John J. Murphy, the veteran technical analyst, author and CNBC resident technical analyst, told a group of equities and futures traders attending the Technical Analysis Group (TAG) XVIII trading conference sponsored by Dow Jones Telerat...
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Futures Trader Joe Dinapoli Faring Well in a...
(Note: I wrote this story a few years back, when I was a journalist with FWN.) Achieving success as a futures market trader can be a daunting proposition, most traders will agree. Given that premise, why would a successful, longtime futures trader like Joe DiNapoli reveal his trading secrets to...
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RSI Indicator: The Cornerstone of Andrew...
The ideal technical indicator, according to Andrew Cardwell, Jr., is one that offers capability to identify and monitor the current trend, highlight overbought and oversold extremes, and give early warnings of a trend change. “The Relative Strength Index (RSI) is such an indicator, offering the b...
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"Triple Moving Averages" Explained
Those who have followed my work for some time know that I take a “toolbox” approach to analyzing and trading markets. The more technical and analytical tools I have in my trading toolbox at my disposal, the better my chances for success in trading. One of my favorite "secondary" trading tools is ...
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