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
A customer signed up for my service the other day and was asking me about stops and different types of market orders.
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
I have discussed in past articles how volume and open interest can be used to help identify and confirm market situations and trading opportunities. I’ll take open interest one step farther in this column by examining the Commitments of Traders (C.O.T.) report, issued by the Commodity Futures Trading Commission (CFTC). The C.O.T. report is released
Bio: Steve Nison, the first to reveal the power of candlesticks, has taught the top professional traders from nearly every major investment firm from 19 countries. His work has been highlighted in the financial media, including the Wall Street Journal, Worth Magazine, and Barron’s. Mr. Nison is the author of three books including Japanese Candlestick