If you have been exposed to technical trading strategies for any appreciable length of time, you may have seen references to the Elliott wave. While it can certainly be a useful predictor of future price movements, the key to trading an Elliott wave pattern is correctly identifying where the pattern begins. Here we’ll look at the basics of the Elliott wave and how to use it. The Elliott wave was proposed in the 1920s by Ralph Nelson Elliott (which may [...]
Trading Lifestyle
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How to Create a Dynamic Trading System
Every stock market trader has unique needs that need to be met. Because of this, using a cookie...
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How to Launch a Trading Career
Day traders experience the highest turnover rate of almost any industry. Everyday new people are...
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Three Ways to Fund a Trading Career
Myth: Trading is a rich man’s game. Fact: You don’t have to be super wealthy or super connected...
Trade the Markets
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Separating the Retracements from the Reversals
We have previously discussed the Elliott wave and how, if properly identified, it can forecast the...
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Identifying the Best Buying & Selling Days & Months
If you spend enough time conducting technical analysis of stocks, you might eventually wonder whether...
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Spotting Market Bottoms
When things are going badly, it’s human nature to wonder when they’re going to get better. For...
- Trading Techniques: Favorable Same-Store Sales Report
- Trading ETFs with the Moving Average
- Trading Techniques: FDA Drug Approvals
Trading Strategies
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Fibonacci Ratios for Trading
Mystics, numerologists, and others looking for supernatural insight have long contemplated the significance...
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Understanding the Elliott Wave
If you have been exposed to technical trading strategies for any appreciable length of time, you...
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The Basics of ETF Trading
The ETF is an excellent investing tool that can give you access to a wide range of sectors, markets,...
- Understanding ETF Order Types
- Trading Short-term Corrections in the Market
- Trading Techniques: Unfavorable Same-Store Sales Report
Technical Trading Tips
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Fibonacci Ratios for Trading
Mystics, numerologists, and others looking for supernatural insight have long contemplated the significance...
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Separating the Retracements from the Reversals
We have previously discussed the Elliott wave and how, if properly identified, it can forecast the...
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Technical Perspective on Some Bad Days: Crash of 1929, Black Monday 1987, and 9/11
Truly breathtaking drops in the stock market are graven into not just economic history but also...
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Featured Technical Trading Tips Trade the Markets
Separating the Retracements from the Reversals
We have previously discussed the Elliott wave and how, if properly identified, it can forecast the upward and—more reliably, since more of the pattern is visible for confirmation—downward movement of a stock or ETF price. The main challenge of shorting a wave 5 peak is determining where to exit the trade, and that is where the Fibonacci retracement comes in. We have also discussed the basics of Fibonacci ratios for determining resistance and support levels. The basic principle is that [...]
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Featured Trade the Markets Trading Strategies
Identifying the Best Buying & Selling Days & Months
If you spend enough time conducting technical analysis of stocks, you might eventually wonder whether they follow any predictable patterns with regard to certain days of the week or months of the year. After all, many aspects of market activity follow consistent cycles: options contracts expire the same day each month, quarters end on the same four days every year, holidays fall at the same time, and so forth.
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Featured Trade the Markets Trading Strategies
Spotting Market Bottoms
When things are going badly, it’s human nature to wonder when they’re going to get better. For a trader it’s even more important, because when stocks just seem to keep going down and down day after day, knowing when the bottom has truly occurred is crucial. While bottoms represent great buying opportunities, they also represent a costly trap if you buy in before the bottom has been reached.
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Featured Trade the Markets Trading Strategies
Trading Techniques: Favorable Same-Store Sales Report
Day traders and short-term traders are constantly seeking techniques that exploit certain predictable patterns in equity price movements. Significant business events, while important to fundamental traders, can also produce consistent stock price patterns. The favorable same-store sales report is one such event. Retailers report same-store sales (sometimes called “existing store sales”) on a monthly or quarterly basis. In most cases, “same-store” refers to stores that have been open one year or more. This permits a comparison of financial performance that [...]
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ETFS Featured Trade the Markets
Trading ETFs with the Moving Average
The moving average is a powerful tool in technical analysis, but it is often insufficient as a standalone trading indicator and therefore used mostly as a confirmation signal. However, if you are interested in short-term trading of exchange-traded funds (ETFs), much can be accomplished with just a couple of moving averages. While these are appropriate for trades with relatively short horizon, they certainly can also apply across longer-term trades. Both of these techniques use the simple moving average (SMA), and [...]
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Featured Trading Lifestyle Trading Strategies
How to Create a Dynamic Trading System
Every stock market trader has unique needs that need to be met. Because of this, using a cookie cutter trading system made by someone else will often need to be modified to your individual needs. In which ways can you tailor a system? How could you even develop your own trading system? Buying on Momentum All traders want to make money. Some will buy with the current trend and some will buy against the current trend with the assumption that [...]
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Featured Trade the Markets Trading Strategies
Trading Techniques: FDA Drug Approvals
Day traders and short-term traders are constantly seeking techniques that exploit certain predictable patterns in equity price movements. You might expect that a significant event such as approval of a new drug by the FDA would be a fundamental short-term driver of a stock, and you might further expect that approval would specifically result in a rising share price. In truth, the first assumption is somewhat accurate; the second, even less so. To address the second assumption, the price movements [...]
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ETFS Featured Trade the Markets
Understanding Tracking Error
In a recent discussion of exchange-traded notes (ETNs), we mentioned the absence of tracking error as one advantage that ETNs have over exchange-traded funds (ETFs). However, ETFs can be a valuable component of any trading strategy, so it is important to understand what tracking error is and why it results. You can then evaluate the tracking error associated with any ETF you are considering and determine its impact on your trading strategy. Forewarned is, as the saying tells us, forearmed. [...]
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