Day Opening Types as a Precursor
I have a ton of posts on my backburner here and just wanted to do some spring winter cleaning and push some of them out. As many of you know by now I'm a user
Tag: Price Action Trading
Prevail Versus Fail: Sophistication and Preparation
Many traders I come across have a very loosely defined notion of what they intend to do every day: identify some support and resistance, see how price is trending, check the news, run some indicators,
What I'm Using to Trade with These Days, and Why
A lot has changed over the years with this site, and along with it, me. I see other people out there with an unwavering system of beliefs, sticking to (what I view as) an archaic
Order Book Weight & Determining Direction With Cumulative Delta
Does not matter whether you are trend trading or mean reverting, transactions on the bid / ask offer a world of useful information, if you know what to look for.
Update on Cable Following Yesterday's Monster Drive
GBP/USD initiated a massive movement yesterday from appx. 1.2776, following the already massive one previous in the session. I believe its now going to be looking for its “priced-in” rate now that the liquidity gap caused
Trend Continuation, or Failure? An Analytic Roadmap.
A couple of weeks ago, I posted up a few quick notes in regards to some trend following rules in order to get this blog moving again. Today, I am literally writing a response to
A Quasimodo / Over and Under Price Pattern Revision
I have been treating this blog like a personal log of observations for years, and one of the first patterns I wrote about was the over and under (nicknamed “Quasimodo” by some of our members). The bulk of
How to Avoid Getting Slaughtered by V Tops and Bottoms
Today I decided to write about something that rarely gets attention, although is easily classified as one of the major killers for both discretionary and systematic strategies. “V” tops and bottoms of course occur in any market,
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SPX: 6 Years of Money In The Bag and a Pile of Doomsday Theories