Author: Scott Hoffman

The Greek Parliament will begin debating PM Papandreou’s proposed austerity plan; I believe the vote is due 3 AM Wednesday Chicago time.  That will be a big market focus for the beginning of the week.  The Greek...

After a market makes a large move it’s tempting to want to jump in. After yesterday’s big selloffs you could either be looking to get long for a retracement higher or look to put on new shorts.  How can you tell...

(That quote is attributed to Baron Rothchild) I just had an interesting conversation with another broker in my office.  He was talking about clients of his that got steam rolled this morning; they were long corn futures...

In a blog post yesterday I whined about not trade very well.  Part of yesterday’s issue was the result of not giving my full attention to trading.  Unless you’re a long term trend trader it can be difficult...

For traders learning to trade using the Taylor Trading Technique (TTT), what to do on a Sell day is one of the most confusing. Using Taylor’s “market manipulators” framework helps to visualize why it can be...

Last week I tried altering my morning routine.  I get in the office around 7:10 AM CT and start looking at the charts form morning trade setups, both for my trading and for the Morning Watch List. I used to write about the...

The Greece / EU situation is dominating market psychology this morning. Asia was lower over concerns that a Greek crackup would hurt export driven economies. To illustrate that, Japan’s exports were weak in May. Chinese...

Swing Trader’s Insight is based on the Taylor Trading Technique (TTT).  The TTT normally uses the previous session high and/or low as a “reference price”; a violation and reversal through one of these...

Corn futures had a breakout setup for today.  It had an inside day yesterday, it was a doji and it had the narrowest trading range of the previous four sessions.  This means I anticipated a breakout move today. We...

I often don’t watch markets when they’re on the Sell day in the Taylor Trading Technique cycle.  In Taylor’s concept of market “manipulation” by “big money insiders”, the Sell day...