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Breakout Trading  // Posts tagged as "Breakout Trading"

20 Jul Posted by in Techical Analysis | Comments Off on Using Technical Analysis to Conjure Up a Trade

Using Technical Analysis to Conjure Up a Trade

Using Technical Analysis to Conjure Up a Trade

  Sometimes, when I’m waiting for all the alignments I think create a perfect setup for a trade entry, I get tired of waiting. For example, the next big move, and thereby trade, I anticipate in the stock sector is on August 15th. While I’m waiting for that “ideal” setup to arrive, I’ll sometimes attempt […]

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16 Sep Posted by in Market Forecasting | Comments Off on STOCK MARKET TO ADVANCE

STOCK MARKET TO ADVANCE

STOCK MARKET TO ADVANCE

The advances we saw this week in the stock market should continue.  A number of cycles tuned specifically to equities touch down tomorrow (09/17/11), and I expect will provide the jolt required of a 3rd wave.  Today,I entered long positions at 1210 basis the December e-mini. Since I didn’t see the retracement I was expecting […]

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02 May Posted by in Techical Analysis | Comments Off on Confirming Signals

Confirming Signals

Confirming Signals

  Whenever we look at a possible signal on whatever trading system or methodology you use, it’s always best to add confirming “sub-signals”. These smaller minor signals reinforce the original signal and make the trade much more reliable. I call these “Supporting Structures”. I use primarily a basic bar chart to read trend direction and […]

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29 Apr Posted by in Trend Analysis | Comments Off on Trend Analysis

Trend Analysis

Trend Analysis

  All forms of technical analysis are arbitrary from the standpoint of attempting to indicate what should or could occur. They are also arbitrary to the extent they attempt to anticipate a change in the market’s behavior, say from moving up to down or vice versa. The one exception to this is a certain pure […]

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19 Apr Posted by in Day Trading, Fibonacci Ratios | Comments Off on Preparing for a Winning Trade

Preparing for a Winning Trade

Preparing for a Winning Trade

The two most important questions I ask myself when I analyze a price chart of any time interval to find trading opportunities are: trend direction (easy to see) and trend strength (critical to know). Knowing the answers allows me to choose one of two basic trade entries. I can either trade with the trend when […]

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