Take the Vex out of Trend Trading Trends can be vexing for many traders. Because trends happen less frequently than congestion, we can easily get lulled into buying and selling the extremes. In a trend, this can be disastrous. Many traders who make good money fading short-lived market moves give it all back when a trend gets going. It can be hard to shift gears. Making … [Read more...]
Do You Surf the Market Waves?
Market Waves Market waves: Have you ever looked at the waves of a market? “Market waves?” You may wonder: “Waves are for surfers. What do waves have to do with the markets?” Plenty. The Wave Chart Reading the market through its waves has been known for over 100 years, but traders may not know how to view the market through this unique perspective. The ‘wave chart’ was … [Read more...]
What’s the Right Trade: Answer Episode #4
We apologize for the delay in getting you the answer to What's the Right Trade, Episode #4. We had a hard drive crash and got wrapped up in solving that problem and recovering our data files. What's the Right trade: Answer We had some interesting answers to this What's the Right trade episode. Many traders saw the market as bullish and were looking to make a long trade. … [Read more...]
Trading the News: Do You Know When It’s Wrong & Can You Trade It?
Trading the News Trading the News: Do you trade the news? Some technical traders ignore the news, but understanding when it gets one-sided can offer extraordinary trading, especially for those who know how to read the markets. A One-Sided Market Early last Wednesday morning, January 20th, news outlets like CNN were talking gloom and doom before the US markets opened. The … [Read more...]
What’s the Right Trade – Episode #4
What's the Right Trade We keep getting emails from traders asking what happened to What's the Right Trade. We apologize for not doing them recently. The holidays, travel, and a new puppy got us distracted. We are pleased to let you know we will continue doing What’s the Right Trade, starting now. What's the Right Trade: Intraday Currency In this week's What's the Right … [Read more...]