Individual Traders
First Principles of Technical Analysis (2/?)
The first principle of price behavior: Markets alternate between trends and trading ranges.
AdamHGrimes
Anti
1/26/12 Chart of the Day
[dc]T[/dc]his chart shows an Anti pattern in the chart of Apollo Group, Inc (Nasdaq: APOL). This is an important trend termination that often leads to some very clean trades. This is a repeatable pattern in all timeframes: * A: Overextension. (In this case 3 pushes and climax beyond
Individual Traders
First Principles of Technical Analysis (1/?)
The building blocks of market structure and price action. [dc]T[/dc]echnical analysis is the art and science of predicting the future direction, timing, and/or magnitude of a market’s movements, mainly by using information contained in the price changes of that market. The term technical analysis is
General Comments
1/26/12 Chart of the Day
[dc]T[/dc]his chart of Natural Gas futures shows a classic pattern: parabolic acceleration outside the Keltner Channel and the parallel trendline. It is difficult to play a move like this as a fade (i.e., buying for a long) due to potentially unmanageable volatility, but it is always
General Comments
1/25/12 Chart of the Day
[dc]T[/dc]his pullback in Gold futures could offer an opportunity for a short. Positions could be established on a weak close, looking for a first leg to retest previous lows (1,525 - 1,540 basis February contract).
General Comments
You Get Paid to Hold Overnight
A look at one reason why daytraders may struggle...
General Comments
Random Support & Resistance Levels
General Comments
Intro To Technical Analysis Course (2/2)
The conclusion of the plan for ITAC.
Individual Traders
Intro to Technical Analysis Course: The Plan (1/2)
The plan for the Introduction to Technical Analysis Course
General Comments
A Few Trading Rules
[dc]I[/dc]n doing the preparation and background work for the book, I found a set of rules for a swing trading system I traded for many years. I thought I would share a few snippets from those rules, especially the parts dealing with trade management and behavior management.
Individual Traders
How Do You Calculate Volatility In Excel?
How to calculate a simple historical volatility using Microsoft Excel.
Individual Traders
Ancient Wisdom / Modern Markets
Wisdom from ancient Eastern texts offer guidance for modern traders in all markets.