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.

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.

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

Key Tools and Strategies for the Electronic Futures Trader

By Tim Racette The first step to becoming a successful trader is developing a sound foundation of tools and knowledge in which to trade. Whether you’re new to trading or been at it for years, the tools and strategies outlined here provide a solid foundation for a successful trading career. Before we delve into actual … Read more