Tape Reading

By Linda Bradford Raschke Sometimes it is nice to reexamine a simple concept when there appears to be overwhelming volatility in the markets. Mechanical systems and patterns are helpful and even necessary for the structure they impose in organizing data, but even Richard Dennis in his original course discussed ways to “anticipate” entry signals, exit … Read more

Five Fibonacci Tricks

Fibonacci jumped into the technical mainstream late in the bull market. Futures traders had it all to themselves until real-time software ported it over to the equity markets.

How to Profit from Market Retracements

What is your #1 job as a trader? A trader’s main job is to organize market information into an identifiable sequence, providing an edge. This edge is the result of a statistical advantage from a given set of trades over time. In this article we will look at how to… Determine an edge in the … Read more

Rules for Trading

Michael J. Carr, CMT After deciding which markets and what timeframe are right for you, the next step is to come up with the rules for trading. There are actually four different types of rules that are needed to have a complete trading system: 1. When to buy/sell 2. How much to trade on each … Read more