Head & Shoulders: a Close-up

By Tradecision Analysis A Cinderella among the Nobles Trading methods are not only different and, most of the time, personalized ways of looking at the market or the developments that take place on it. In most cases, they turn into a sort of living entities that have their own histories and lives. Unlike some of …

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Government Reports

By Joe Ross Since I am not much of a fundamentals trader, I tend to stay away from government statistics. To me, they have very little value. As far as I can see, they are full of errors. Let me explain. What’s wrong with traditional statistics? They fail to measure what is really going on …

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Joe Dinapoli Interview

Achieving success as a futures market trader can be a daunting proposition, most traders will agree. Given that premise, why would a successful, longtime futures trader like Joe DiNapoli reveal his trading secrets to the public? “Commodity traders tend to be risk-takers–self-made people. I enjoy them immensely. The public doesn’t realize some of the advantages …

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Entry & Exit Strategies

By Jim Wyckoff I have received several email messages from my readers asking about how to best determine entry and exit strategies when trading markets. Here are just a few of their quotes: “Though my success rate has been high, I am only breaking even financially, due to getting out too early in profit and …

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Don’t Be Hung Out to Dry By Wash Sales

Jim Forrester, CPA The Internal Revenue Service loves to tax capital gains, but they are just as diligent to disallow capital losses that might offset those lucrative cash cows. Case in point: the wash rule. The wash rule prohibits traders and investors from claiming a capital loss if they buy replacement stock 30 days before …

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Determining Support & Resistance Levels on Charts

By Jim Wyckoff In this educational feature, I’m going to tackle an issue about which several of my readers have inquired: How to determine support and resistance areas on the charts. My favorite method (and I believe this the most accurate method) of determining support and resistance levels is to look at a bar chart …

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