Bullish Thrusting Line

Step 1 – Look for a BULLISH THRUSTING LINE resting on MINOR PRICE SUPPORT, and/or a rising Major Moving Average (10 MA, 20 MA, or 50 MA) on the daily chart. Step 2 – Pull up a 15 min. chart of the stock. Step 3 – Note the high price of the previous day’s daily … Read more

Bullish Harami Candlestick Play Instructions

Step 1 – Look for a BULLISH HARAMI resting on MINOR PRICE SUPPORT, and/or a rising Major Moving Average (10 MA, 20 MA, or 50 MA) on the daily chart. Step 2 – Pull up a 15 min. chart of the stock. Step 3 – Note the high price of the previous day’s daily HARAMI … Read more

Bollinger Bands® – The Basic Rules

One of the great joys of having invented an analytical technique such as Bollinger Bands is seeing what other people do with it. While there are many ways to use Bollinger Bands, following are a few rules that serve as a good beginning point. 1. Bollinger Bands provide a relative definition of high and low. … Read more

Bollinger Bands® Tactics

Bollinger Bands draw their power through two important characteristics. First, they exhibit an underlying trend-range axis just like price or moving averages. Second, they constrict or expand as they move. The interaction between these two forces draws unique patterns as bars unwind through its boundaries. Candlesticks work especially well with bands. For example, a Doji … Read more

Bearish Harami Candlestick Play Instructions

Step 1 – Look for a BEARISH HARAMI against MINOR PRICE RESISTANCE, and/or against a declining Major Moving Average (10 MA, 20 MA, or 50 MA) on the daily chart. Step 2 – Pull up a 15 min. chart of the stock. Step 3 – Note the low price of the previous day’s daily HARAMI … Read more

Basics of Volume and Open Interest

By Trader X It’s my opinion that successful trading for the long term is not possible without a sound understanding of both trader psychology and market psychology. Often individual traders focus so heavily on the results they are seeking that they forget that every other trader out there is doing the same thing: attempting to … Read more

Basic Trading Strategies

Even if you should decide to participate in futures trading in a way that doesn’t involve having to make day-to-day trading decisions about what and when to buy or sell (such as having a managed account or investing in a commodity pool), it is nonetheless useful to understand the dollars and cents of how futures … Read more

Abell, Koppel Discuss Short-Term Trading Methods

By Jim Wyckoff No short-term trading system is perfect. However, having and using a system is critical for short-term trading success, say Howard Abell and Bob Koppel. “A successful short-term trading system must be profitable, consistent, and personal–conforming to the unique psychological and methodological needs of the individual,” they said. Abell is chief operating officer … Read more

A Quantile Approach to Money Flow

By Clive Corcoran If “volume precedes price” as is often suggested then it should be possible to apply analytical techniques to certain volume attributes that will have some predictive capabilities with regard to future price development. Using various techniques that come under the general heading of money flow analysis it becomes feasible to decide whether … Read more