Protected: Clues

There are a number of clues that are secondary to price, and sometimes these give us an edge in seeing where current trends may end. Tic Stopping volume Divergence ideas Stochastic levels Patterns like double tops and bottoms Tops usually take more time to develop and...

Protected: Trendline Considerations

Trend lines are very useful. Larger patterns will contain smaller ones, and many times the longer term up or down trend lines will work multiple times before they fail. Trend lines when broken are necklines that may cause a contra effect Trend lines can be horizontal...

Protected: Envelopes

Envelopes, Bollinger Bands, and any type of standard deviation package is usually very helpful. They may not contain the entire move, depending on a variety of reasons. When markets are ” normal” (are they ever?), they tend to work best. I like to see...
Protected: Dealing with Stop Outs

Protected: Dealing with Stop Outs

Here is a simple rule for determining if we are cut out to be a trader (or investor). Can we accept the premise that a stop out is a necessary requirement to save ourselves from disaster? Little detours have a way of ending up in areas where we find ourselves...