The Trend

Always Look for Agreement with These Technical Indicators

I love when traders tell me technical analysis doesn’t work. 

While they’re entitled to be wrong, the fact remains that technical analysis does work, sometimes by up to 80% of the time. Granted, there is no Holy Grail, but if we use the right indicators, we increase our odds of success. Especially if we apply those indicators to well known stocks that may only be down temporarily.

Let’s look at Raytheon (RTN) for example.

Read More

The Red Dog Reversal

If I could teach every new trader just one technical analysis strategy, it would be the Red Dog Reversal. It is my preferred method for identifying countertrend moves in oversold or overbought stocks, indexes, and ETFs.

Many traders, particularly beginners, are way too aggressive in calling tops and bottoms. The problem is they typically don’t have any real rationale. They’re basically just saying “I’ve got a feeling!” They might as well be at a roulette wheel in Las Vegas.

Read More

High Close Doji Trigger: A Powerful Trading Combination using Pivot Points and Candle Chart Patterns

There are many trading methods one can employ to actively trade, including various mechanical trading systems and manual trading tactics. The constant changing of market conditions can require system traders to adapt and update the parameters for the trading decisions. I often prefer the hands on visual approach which is more of a manual method while employing mechanical risk management techniques. The visual approach is aided by the use of candle charts. The drawback is that one must have a basic understanding of this form of charting to begin with. The upside is once you learn the basics, a new meaning of how markets act may be revealed to you.

Read More

Trade Futures Using Orderflow & Volume Profile

Let’s keep this short, sweet and to the point. No one wants to make trading harder than it already is. You may be a day trader, swing trader or investor and you may dabble in Futures, Forex or Stocks depending on your preference.

Regardless of your past trading experiences or success, what we’re going to show you in this short video is going to change the way you look at the markets forever. You will learn how to use a tool that makes Orderflow and volume easy to trade. You will get a free trial for our software and trade room, and we will make day trading and swing-trading a simple process for you.

Read More