Capturing Trend Days

A trend day occurs when there is an expansion in the daily trading range and the open and close are near opposite extremes.

Read more

The Deep Pullback Strategy

When trading in the forex market, traders who wish to maximize their probability of success should pay close heed to several key principles and practices. This article discusses some of these principles and then provides a specific, step-by-step strategic method for putting them into effective practice.

Read more

Tape Reading

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 trades early, and filter out “bad” trades.

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.

Read more